Ryanair 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 …
Read MoreBlack representation in South African business has progressed much further than is generally accepted, with black representation at top management level growing by 55.9% from 2001-2006, a report by union body Solidarity has argued.
According to the report – The …
Read MoreWhile women are enjoying faster career progression than their male colleagues, this is not being matched by their remuneration, and there is evidence efforts to redress the pay gap are beginning to stall, a survey by the Chartered Management Institute…
Read MoreA coalition of investors, US state officials and environmental groups have filed a petition with the US Securities and Exchange Commission (SEC) calling on the regulator to force companies to assess and disclose their financial risks from climate change.
The …
Read MoreThe UK Shareholders Association (UKSA) has formed a group to represent the interests of ordinary shareholders in Northern Rock amid accusations that the bank failed to make required disclosures to investors about the severe financial difficulties it faced.
UKSA believes …
Read MoreThe US Securities and Exchange Commission (SEC) has charged four more former executives of Nortel Networks, the communications company, with accounting fraud. The regulator is accusing former vice-presidents of Nortel’s optical, wireline, wireless and enterprise business units of manipulating …
Read MoreNearly 50% of the London Stock Exchange (LSE) has been purchased by rival sovereign backed firms from the Middle East.
Borse Dubai and US exchange Nasdaq have reached an agreement that will allow Nasdaq to win control of Scandinavian exchange …
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 both …
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