PLSA voting review shows continued focus on pay

AGM voting review

There continued to be a focus on executive pay in 2017 by shareholders of FTSE 350 companies data from Manifest for the Pensions and Lifetime Savings Association’s (PLSA) AGM voting review showed.

The PLSA stated that the executive pay …

Australia's 2017 AGM season "less tumultuous" than 2016


Australia’s 2017 AGM season was significantly “less tumultuous” than the 2016 season, with fewer ‘strikes’ (a 25% vote against) on remuneration reports the Australian Securities & Investment Commission (ASIC) has reported.

Most Australian companies hold their AGMs in …

Investor groups repeat call for shareholder committee at RBS

RBS ShareSoc shareholder committee

Over 100 shareholders have again requisitioned a resolution calling on the Royal Bank of Scotland (RBS)  to establish a shareholder committee in a campaign organised by private investor groups – the UK Individual Shareholders Society (ShareSoc) and the …

Investment Association: Register showing UK shareholder rebellions launched

Investment Association shareholder rebellion register

The Investment Association (IA), which represents the UK’s asset management industry, has launched its public register of listed companies which have had significant shareholder rebellions. The IA proposed its development in its response to the government’s green paper on corporate

US corporate governance framework takes effect in January

US corporate governance framework

The Investor Stewardship Group (ISG), a coalition of some of the largest U.S. based institutional investors and global asset managers, along with several of their international counterparts, is working with US companies to ensure they comply with its corporate governance

Indian Proxy Season 2017: A tipping point for shareholder activism

Indian proxy season

The Indian proxy season for 2017 represented a tipping point for shareholder activism, according to corporate governance advisory service, InGovern with institutional investors now prepared to take on company boards.

In its overview of this year’s season, which begins in …

Swiss companies see increased investor dissent

Ethos Swiss shareholders vote

Investors in leading Swiss companies are increasingly prepared to vote against management, particularly over executive pay, according to research by the Ethos Foundation.

Ethos, a pension fund-led responsible investment foundation shows that amongst the 200 companies comprised in the …

ICGN appoints Michael McCauley as new chairman

International Corporate Governance Network (ICGN)
Michael McCauley, Senior Officer – Investment Programs & Governance State Board of Administration (SBA) of Florida, which runs the assets of the state’s pensions funds, has taken over from Triodos’ Erik Breen as chair of the International Corporate Governance

Alphabet's independent shareholders back equal voting

The independent shareholders of Alphabet, Google’s parent company, overwhelmingly supported a shareholder resolution asking company management to recapitalise the share structure so that each share has one vote at its recent AGM (7th June).

Alphabet's independent shareholders back equal voting

Alphabet’s class A shareholders back

CtW urges shareholders a vote against Catepillar’s directors

Caterpillar AGM tax scheme

CtW Investment Group, the US corporate governance adviser to trade union pension funds (Taft Hartley funds), has suggested that investors should vote against the re-election of three of Caterpillar’s directors and in favour of a shareholder resolution proposing that …