Governance veteran Bob Monks recently attended the London Business School’s Colloquium on Corporate Governance, an invitation-only event comprising 75 of the leading governmental, private sector business and investors in the UK who convened to consider recent governance failings.

Bob was …

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Resolution 8 at today’s AGM covers the re-election of Louise Patten, chair of the remuneration committee, who has overseen the unpopular payouts of the performance/retention awards.

‘These are clearly retention awards, not exceptional awards and they should have just been …

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….Investors are increasingly strident about pay following criticism that they had been soft on boards and had sanctioned the excessive bonuses blamed for the banking crisis. Voting advisers have highlighted investor concerns about pay at other businesses, including Marks and …

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Tesco’s AGM today saw the largest against vote (41.03%) against a share plan at a FTSE 100 company since Manifest began collecting voting data in 1996. When analysed including abstentions, it was the largest rebellion in the FTSE 100 in …

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Three AGMs have this week seen shareholder dissent reach notable levels.

Home Retail Group shareholders voted to approve the remuneration report, but dissent represented the fifth biggest rebellion on the remuneration report in the FTSE 100 so far in 2009. …

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Some 18 Japanese companies are known to have disclosed the results of their 2009 AGMs on their corporate websites, in what is an improvement from two companies on 2008 according to Sumitomo Trust. Japanese regulators are expected to introduce a …

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In response to the widespread criticism from government and media over the role of investors in the financial crisis, the UK’s National Association of Pension Funds (NAPF) has released research which show that just under half  (49%) of its bigger …

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In a widely anticipated move, the US Securities and Exchange Commission has moved forward with an aggressive reform program to update the US proxy system. The SEC met  today (01/07/09) to approve the New York Stock Exchange’s proposal regarding broker …

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The Investor Responsibility Research Center Institute and PROXY Governance Inc. have released a new in-depth analysis of the proxy voting policies and recent voting records of seven of the largest exchange-traded fund (ETF) sponsors in the US.  The findings indicate …

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Cattles plc has announced a clear-out of its Board following the completion of a forensic review into its impairment provisions:

  • Norman Broadhurst (Chairman), who previously announced he intended to retire at the AGM, has stood down from the board with
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