Hot Issues Archives

IBE provides advice on executive pay for remuneration committee

Providing a simple and fair approach for remuneration committees trying to meet the challenge of getting executive pay right is the aim of a board briefing paper recently published by the Institute of Business Ethics (IBE).

The IBE said the …

UK parliamentary scrutiny of Google tax deal

Global technology Google continues to be in the spotlight over its £130m tax deal with the UK authorities. The UK parliament’s Public Accounts Committee, which first looked into the issue of corporate tax deals in 2012, has held a session…

Work continues to increase the number of women on boards

Sir Philip Hampton, chairman of GlaxoSmithKline has been appointed to increase the number of women executives – and to ensure some are appointed to board level – within FTSE 350 companies. Dame Helen Alexander, Chair of UBM, was appointed deputy …

Investors gather to ensure funds are used to combat climate change

The UN Secretary-General Ban Ki-moon called on investors to help achieve a doubling in global clean energy investments by 2020 at a meeting in New York last week. Although investments rose to a record high last year of $329 billion …

EU consults on investors and sustainability

The European Commission is consulting on on how institutional investors, asset managers and other service providers in the investment chain factor in sustainability (ESG) information and performance of companies or assets into investment decisions. The consultation will also gather information …

US directors need to do more to manage risks

While US directors say that reputational risk is one of their greatest concerns board members are taking little action to manage risks once they have been identified, according to the sixth Concerns About Risks Confronting Boards survey conducted by US …

CBI Director General says women need to lead at all levels of organisations

Carolyn Fairburn, Director General of business group, the CBI, said that the issue of diversity needs to run right through companies and has called for a new voluntary target of 25% for female senior executives in major UK companies.

Speaking…

JKX Board ousted after defying UK Supreme Court over shareholder rights

JKX, the London-listed oil company has seen its entire board being replaced following years of questionable corporate governance and poor performance.

Proxima Capital, JKX’s third largest shareholder managed to secure over two thirds of the votes cast at a special …

Denmark looks to Stewardship Code for growth

Troels Lund Poulsen, the Danish minister for business and growth has tasked the Komitéen for god Selskabsledelse (Committee on Corporate Governance) with preparing a set of recommendations for corporate governance for institutional investors. The Code will ask for investors to …

Corporate Governance in the spotlight

The relationship between the chairman and the chief executive of a company is absolutely fundamental according to Sir David Walker, former chairman of Barclays, speaking on Radio 4’s, The Bottom Line.

In a discussion about managing the boardroom, Michael …