Lord Myners has supported calls for reform of the Takeover Code in the UK, but made it clear that “The owners of firms that have lost so much from ill-advised takeovers must generate the momentum for reform”.
Myners was speaking …
Read MoreAs the UK gears up for the national elections on May, the general public has now received nearly all of their “notices of meeting” ahead of casting their ballots. Sadly, there won’t be any electronic voting – but then the …
Read MoreThe Extraordinary General Court of Bank of Ireland held today (Jan 12) approved important changes to the Bye-Laws of the company, with 99% of shareholders voting in favour. Bank of Ireland was established by Charter and thus is subject to …
Read MoreEthos have announced that eight of the 20 companies included in the Swiss SMI Index have now agreed to implement a vote on remuneration issues.
In the autumn of 2008, Ethos and eight Swiss pension funds filed a “say-on-pay” resolution …
Read MoreLeading international investors have settled terms with the auditors involved in the collapse of Italian diary giant which filed for bankruptcy protection in 2003. After the firm revealed a multi-billion Euro hold in its accounts, Parmalat became known as “Europe’s …
Read MoreEarly indications are that the 2010 proxy season will be at least as busy, if not more so, than last year when more than 640 shareholder resolutions were voted on at U.S. companies writes Mike Ryan of Manifest’s US partners, …
Read MoreThe International Accounting Standards Board has defended its work on harmonising U.S. and international accounting rules into one single standard. In a letter addressed to G20 host, US President, Barack Obama, it outlines that the board has made “substantial progress” …
Read MoreOver 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 …
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