The Institute of Directors in South Africa has published drafts of the King III Report and King III Code on Corporate Governance.
Shareholders are being offered a chance for a say on pay but it won’t be mandatory. The draft …
Read MoreManifest’s request for global shareholders to have a “Say on Pay” at Irish companies has its first success; DCC Group plc has confirmed that they will be allowing a shareholder vote on the directors remuneration report at this summer’s AGM. …
Read MoreManifest this week requisitioned a say on pay shareholder resolution at the Bank of Ireland and four more leading Irish listed companies: DCC; Elan; C&C Group; and Independent News & Media.
As the course of this year’s European proxy season …
Read MoreToday’s FT leads with the news of Xtrata’s pay policy rebuff from shareholders as another example of shareholders flexing their muscules over pay for failure.
Despite a 35% fall in EPS in the past year, the Xstrata board proposed increases …
Read MoreThe agencies that advise fund managers on how to vote are an increasingly important feature of the protests and rebellions that shareholders stage, writes Kate Burgess.
…Manifest is another whose standing has risen in tandem with the focus on corporate …
Read MoreEverybody? Somebody? Nobody? Anybody?
There has been much head-scratching in recent months as the institutional investment community gets to grips with the various responsibilities for oversight that clearly did not fit together to prevent the financial crisis.
One recent provocative …
Read MoreThe notice of the AGM of AMP Ltd, the Australian life assurance company, has been amended and re-issued in light of recent board changes.
Meredith Hellicar resigned from the Board following the court judgement in the James Hardie case. Hellicar …
Read MoreIt is only a few weeks since BP clashed with its shareholders about pay for its top executives at its annual meeting. Now Royal Dutch Shell appears to be heading in the same direction….
…. it will be the second …
Read MoreAlmost 14 years since European markets firmly embraced the concept of separating the role of Chair/CEO, most US issuers are still contemplating what it means for them. That could be set to change following the success of trade union SEIU’s …
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