FRC promises corporate governance and reporting crackdown
The Financial Reporting Council (FRC) is to expand its monitoring of corporate governance and reporting standards as it considers the effectiveness of its new governance code.
In its annual report for the year …
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Big Four fail in one in five audits
The world’s four biggest accounting firms have been exposed for botching at least 20% of their audits following an inspection by the Public Company Accounting Oversight Board (PCAOB).
In the most …
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South Korea is set to relax its shareholder reporting rules to allow for greater investor activism.
The country’s Financial Services Commission (FSC) is to amend the ‘5% rule’ which will no longer require institutional …
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Major UK pensions sign up to cost disclosure initiative
Ten of the UK’s biggest pension schemes have written a joint letter publicly announcing their commitment to the Cost Transparency Initiative.
Launched in November 2018, the Initiative encourages asset managers to …
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Rise in companies deviating from Swedish governance code
The Board’s 2019 Annual Report, published this week, revealed that over a third (34 per cent) of companies that apply the Code reported at least one deviation in 2018, up from 29 …
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Median CEO pay falls, but is this the full story?
When it comes to corporate governance, no topic is more contentious than the pay of top CEOs.
The debate over whether companies pay their top executives excessively high salaries has …
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High performing fund managers overlooked… if they’re black
Investors are being urged to tackle institutional racism after a major study found black fund managers are often overlooked due to their colour – even when they are high performing.
The …
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