Over at CorpGov.net Jim McRitchie is doing his bit to raise some vital issues about the quality of the US proxy system.
This time, Jim is airing doubts about the quality of informatiion presented to shareholders on 3rd party voting …
Read MoreThe US Supreme Court’s ruling in Citizens United v. the Federal Election Commission, has sent shockwaves through the US corporate governance community and re-awakes concerns that companies will use shareholder funds to influence US political elections.
Nearly all restraint …
Read MoreAlmost one year to the day since the collapse of Lehman Brothers, US federal Judge Jed Rakoff stepped up to protect the interests of shareholders in the on-going battle between owners and regulators. In a scathing judgement, Rakoff has rejected …
Read MoreIn a tale of financial engineering and dubious corporate governance standards, the consortium of businessmen behind the collapsed British car company, MG Rover, face being banned as company directors following the publication of a Government report investigating their role in …
Read MoreThe UK is well known in European circles for its singular approach to regulatory reform, in particular its tactical use of the “Opt Out”. All the more surprising therefore to see Gordon Brown getting together with Germany’s Angela Merkel and …
Read MoreFrench President Nicolas Sarkozy has stepped into the governance spotlight with a plan to keep bankers pay under control. Following a meeting on Tuesday between Sarkozy and France’s top banks, including BNP Paribas SA and Société Générale SA the banks …
Read MoreThe current economic downturn is encouraging issuers to review their audit arrangements with more pressure to delivery low cost audits says Ernst & Young’s audit chief, John Flaherty.
According to reports in Accountancy Age tendering activity is at its highest …
Read MoreThe AGM of Quintain Estates & Development plc, to be held on 9 September, will again include a separate resolution to approve the report of the Audit Committee. Furthermore, shareholders will be asked to vote on the re-election of the …
Read MoreShareholders wanting to work together on “ad-hoc governance strategies” are unlikely to fall foul of the UK’s Financial Services Authority (FSA).
In a “safe harbour” letter to the Institutional Shareholders’ Committee, the FSA’s Sally Dewar sets out how its rules …
Read MoreAs previously reported, the SEC is proposing that US proxy voting results should be published within 4 days rather than waiting for the next quarterly return to be lodged, which is the majority practice at the moment.
In many parts …
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