ShareSoc, which represents individual shareholders in the UK, is advising its members to vote against the remuneration report of house builder Berkeley Group at its AGM on 6th September.
Besieged retailer Sports Direct has responded to further criticism of its governance practices. This time it is the poor standard of its board evaluation procedures which Manifest’s recent AGM report has flagged as a clear breach of the UK Governance …
Read MoreWith a backdrop of damning reports from MPs published last week on the demise of the retailer BHS and on poor working practices at Sports Direct, which both identified weak corporate governance as partly to blame for company failures, …
After the initial push to increase board diversity over the past five years, progress appears to have slowed according to two reports published by the UK government and Cranfield School of Management.
The UK government has therefore launched a review …
Read MoreGerman car manufacturer Volkswagen (VW), which last year admitted to falsifying emissions data in its diesel cars around the world, has reached a $10.03 billion settlement with US authorities and former and current diesel car owners.
If approved by US …
Read MoreThe UK’s parliamentary inquiry into the collapse of the retailer, BHS, continued lastweek with the questioning of Sir Philip Green, the chairman of Arcadia and former owner of the business. MPs tried to relate Green’s conduct in relation to the …
Read MoreDespite public calls for pension funds to vote against WPP’s remuneration report at its AGM this week (8th June) the resolution was passed with 33.5% dissent – higher than 2015’s 22.2% protest vote.
ShareAction had condemned the chief executive’s (CEO) …
Read MoreAround a third (30%) of FTSE 100 companies are withholding relevant information from their annual reports and painting an inaccurate picture of opportunity and risk, according to a research report from the Valuing Your Talent partnership which includes The Chartered …
Read MoreAs inquiries continue into the retailer BHS – focusing on its sale last year and its large pension fund deficit – its administrators, Philip Duffy and Benjamin Wiles, managing directors at Duff & Phelps, announced that it had been unable …
Read MoreThe insurer and institutional investor Legal & General plc (L&G), had to correct its annual report pay figures for chief executive, Nigel Wilson, on the eve of its AGM last week (26th May).
L&G, whose investment division LGIM is active …
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