The average executive at one of the UK’s top 102 companies can retire at 60 on a final salary pension worth over £3m – enough to provide, at a pension of £193,000 a year, more than 25 times the average …
Read MoreVernon Sankey has stepped down as chairman of Photo-Me International with immediate effect, prompting the photo booth operator’s principal shareholders to withdraw an EGM requisition seeking his removal.
Cycladic Capital and Principle Capital were seeking the immediate removal of …
Read MoreAer Lingus has rejected an EGM requisition request from Ryanair, stating that the aim of the meeting request was to “interfere with and frustrate the commercial and operational performance of Ryanair’s most resilient competitor”.
Earlier this month Ryanair made …
Read MoreHedge fund investor activism and takeovers
Robin Greenwood and Michael Schor, Harvard University
Hedge fund activism has limited scope to bring about far-reaching effects on corporate governance, this paper has found. The authors examined long-term stock returns around hedge fund …
Read MoreChief executives are more important in driving governance change at their companies than either chairmen or directors, a survey by the Australian Institute of Management (AIM) has found. Of those surveyed, 83% said chief executives are highly or very highly …
Read MoreCorporate governance among Australian companies appears fit and well, is professionally administered and – despite frequently expressed concerns to the contrary – is not overly costly, a report conducted by the University of Technology Centre for Corporate Governance has found.…
Read MoreRyanair has written to Aer Lingus to request an EGM so that shareholders can consider asking the airline’s board and management to maintain four daily flights between Shannon and Heathrow. Aer Lingus is planning to transfer its London flights from …
Read MoreManifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.
Hedge fund investor activism and takeovers
Robin Greenwood and Michael Schor, Harvard University
Hedge fund activism has limited scope to bring about …
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