Consultations and accounting news appears to be a bit like London buses, there’s not one for ages and then three of them arrive all at once. This week the FRC got busy with a slew of announcments, notably the Auditing …
Read MoreThe Australian Corporate Governance Code is up for review. Under the auspices of the Australian Stock Exchange (ASX), a number of amendments are under consideration, most notably improved disclosures about gender diversity and executive pay.…
Read MoreEuro investor activism at US firms continues
International pension funds appear ready to continue to pressure U.S. companies to appoint independent board chairs, a leadership structure now commonly adopted by European boards but still relatively rare in the United States. …
Read MoreLondon based investor relations advisor HQB Partners has released its 2010 pre-season survey of corporate governance teams at 23 leading institutional investors in the United States, the United Kingdom, France and the Netherlands. In all the respondents manage assets in …
Read MoreFrom Polly Peck to Satyam, recurring audit failures have undermined investor confidence in corporate governance. The Institute of Chartered Accountants in England and Wales and the Financial Reporting Council hope to address those concerns through its newly published “Audit Firm …
Read MoreThe Korean Justice Ministry stated this week that Korea has ‘made hostile M&A attacks easy by removing a ceiling on foreign stock investments, but it has not had any means to prevent hostile M&A’. It has announced public hearings to …
Read MoreThe International Organization for Standardization (ISO) has issued its draft international standard for social responsibility ISO 26000. The guidance in ISO 26000 draws on best practices developed by existing public and private sector social responsibility initiatives, according to ISO.
ISO …
Read MoreWill Oulton is leaving his role as director of Responsible Investment at FTSE Group to join Mercer’s investment consulting business as European Head of Responsible Investment.
Oulton will start his new role at Mercer in May when he replaces Emma …
Read MoreMergers frequently result in large one-time payouts to executives of the acquired company, through change-in-control payments and acceleration of equity awards. Several recent mergers, however, have highlighted how significant those deferred costs can be for shareholders.
Executives at oilfield-services company …
Read MoreShareholders are getting used to Lord Myners, the UK’s Financial Services Secretary, exhorting them to act responsibly, but his speech at the National Association of Pension Funds recent corporate governance seminar reveals some new insights.
Drawing on remuneration surveys from …
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