In a tale of financial engineering and dubious corporate governance standards, the consortium of businessmen behind the collapsed British car company, MG Rover, face being banned as company directors following the publication of a Government report investigating their role in …
Read MoreIn a pre-trial debate, AWB has stated that it does not consider “transport fees” paid to a Jordanian transport company, which had close connections to the Iraqi government, to be a bribe. The Age has reported that the pre-trial debate …
Read MoreThe FSA’s letter to the Institutional Shareholders Committee regarding shareholder engagement was initially welcomed by many commentators although concerns were raised in some quarters at the narrow focus of the letter.
In that letter, the FSA stated that they were …
Read MoreLeading US investors and business leaders have joined with government, academia, and labour representatives to endorse a public policy paper published by the Aspen Institute which calls for an end to value-destroying short-termism in the financial markets.
The paper, “Overcoming …
Read MoreA regulator’s lot is not a happy one by all accounts. While the UK’s Conservative Party has promised to close the FSA and transfer its duties to the Bank of England if it wins the next election, US regulators at …
Read MoreThe top five executives at the 20 US banks that have accepted the most bailout support averaged $32 million each in personal compensation in the period 2006 -2008, according to a new study published by the Washington-DC based Institute for
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A bizarre proxy fight at US life sciences company CNS Response Inc appears to hinge on the validity of a special meeting, writes Scott Fenn of ProxyGovernance. In one of the stranger US proxy contests witnessed in recent years, Leonard …
Read MoreThe Australian Prudential Regulation Authority (APRA) has today released a second consultation package on remuneration at financial institutions. This second package comprises a response paper to the submissions, together with revised draft versions of the relevant governance standards and an …
Read MoreYet again Ryanair stands out amongst its peers as being one of Europe’s most shareholder unfriendly companies.
Since the introduction of the 2006 Combined Code recommendations that companies should provide their shareholders with a detailed breakdown of voting results, Ryanair …
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