There has been much press comment regarding the pay package of Marc Bolland, the new Marks & Spencer (M&S) CEO. M&S has been no stranger to press and investor attention in recent times. In particular, the decision to combine the …
Read MoreThe UK’s Institutional Shareholder Committee (ISC) has issued as pre-emptive strike against potential legislation from the Walker Review with the publication of a voluntary code of conduct for its members. The “Code on the Responsibilities of Institutional Investors” outlines seven …
Read MoreThe Canadian Securities Administrators have decided that companies are too busy to comply with the proposed corporate governance changes published last December.
The CSA is a council of the securities regulators of Canada’s provinces and territories which co-ordinates and harmonizes …
Read MoreLord Myners, the UK Treasury’s Minister for the City has again called for a radical new approach to financial reform – this time it’s investors under the spotlight. In recent months Myners has been no stranger to controversial proposals and …
Read MoreThe proxy season is far from over, writes Allie Monaco, Head of Research at ProxyGovernance. In the last two weeks of May, nearly 170 shareholder proposals will come to a vote at 75 U.S. companies. Of these proposals, 35% relate …
Read MoreKraft is under investigation by The Panel on Takeovers and Mergers (the Panel) over allegedly misleading statements the company made to investors and employees during its five month takeover battle for Cadbury.
According to reports in the Wall Street Journal, …
Read MorePresident Nicolas Sarkozy’s UMP party yesterday introduced a Bill into the French Parliament which seeks to ensure gender balance in boards of directors within five years, with an interim target of 20% within 18 months.
The Bill provides for a …
Read MoreA French judge has order seven executives at Vivendi to stand trial over alleged financial wrong doing. The executives include Jean-Marie Messier, Edgar Bronfman Jr and Guillaume Hannezo (former Chief Financial Officer). Reuters has reported that the charges include divulging …
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