Royal Dutch Shell today suffered one of the UK’s all time biggest ever shareholder revolts with a 57.1% vote Against the remuneration report vote. Since the introduction of the Directors Remuneration Report Regulations in 2002 only two other FTSE100 companies …
Read MoreBanks were ownerless corporations whose shareholders gave their governance role a low priority. That’s just one of the damning conclusions from the UK’s Treasury Committee which has released its third report on the Banking Crisis. The report entitled “Banking Crisis: …
Read MoreGlaxoSmithKline’s May 20th AGM will be asking shareholders to exempt the auditor partner from signing the audit in his or her own name, the first such case noted by Manifest.
The company says that, ‘For many years, the Company and …
Read MoreThe Nominees for Shareholder Choice, better known as the Pershing Square Capital Management’s dissident director slate, have taken aim at Target’s board in the run-up the May 28 AGM. The nominees have issued a public letter spelling out 11 concerns …
Read MoreInvestors in two major US Internet Service Providers (ISPs), CenturyTel Inc and EarthLink Inc, have voted strongly in favour of a shareholder resolution which highlights Internet management practices at the ISPs and their role in Internet privacy and censorship.
The …
Read MorePartner for Financial Stability has released its latest finding on reporting quality in Central and Eastern Europe, noting a significant increase in the number of CEE blue chip companies issuing stand-alone English-language environmental, social and governance (ESG) reports.
The number …
Read MoreTUI’s Hanover AGM was finally closed by the chairman at 21:00 on 13 May having started at noon. Monteray Enterprises, TUI’s largest shareholder, failed in its efforts to remove two members of Supervisory Board; appoint two representatives of Monteray to …
Read MoreNot so very long ago the AGM season passed the greater world largely unnoticed. Then in 1995 came the Cedric the pig, the mixed metaphor’d ‘fat cat with his snout in the trough’. We have then seen Hugh and his …
Read MoreEuropean Commissioner Charlie McCreevy has gone public with his concerns about role and structure of the International Accounting Standards Board. In his usual direct way McCreevy has pointed out that: “Accounting is now far too important to be left solely …
Read MoreIf Democratic New York Senator Charles ‘Chuck’ E Schumer has his way, shareholders of US-quoted companies can expect to see their ownership rights significantly enhanced. Schumer’s move was flagged in late April but reports are coming in that the Bill …
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