Belgium has announced an update to its 2004 comply or explain corporate governance code. The new code attempts to deal with some of the issues flagged up by the current economic crisis with a particular emphasis on say on pay …
Read MoreAhead of the Rio Tinto AGMs, Manifest flagged up its concerns regarding the re-election of Sir Roderick Eddington in our meeting business report. Manifest’s US partners, Proxy Governance, issued an ‘against’ recommendation on his re-election.
The results of the …
Read MoreThe Philippine Stock Exchange (PSE) is urging shareholders to take advantage of the upcoming AGM season to assert their rights and to “not wait until they have been trampled on”.
PSE director and co-chair of the recently established corporate governance …
Read MoreThe Conference Board Governance Center has got together with Damien Park of Hedge Fund Solutions to produce guidance and a checklist of issues for boards to consider in their relations with shareholders. In particular the report is focused on how …
Read MoreVoting at Finnish companies is set to get a whole lot easier following an announcement from the Finnish government which will see Finnish company law brought into line with the EU Shareholder Rights Directive. Now that the contents of the …
Read MoreBouygues, a constituent of the French blue-chip index, the CAC 40, is looking for shareholder approval for three potentially contentious proposals at the forthcoming AGM on 23 April.
The most contentious proposal is Resolution 24, seeking an authorisation to issue …
Read MoreUS Treasury Secretary Tim Geithner’s recently announced proposals for US recovery have attracted extreme criticism in many quarters for failing to address the issue of Fair Value Accounting. Alex Pollock of the Washington-based American Enterprise Institute and a long-standing critic …
Read MoreLondon AIM-listed Sibir Energy plc, (SBE.LN), the Russian energy company listed on London’s Alternative Investment Market (AIM), has begun proceedings in the High Court against two of its former directors, Henry Cameron, former chief executive, and Chalva Tchigirinski, a property …
Read More