Owners of USA Inc today (May 20) got the news they’ve been waiting for – the SEC has voted to propose new rules which will enable them to nominate their own board candidates. The proposal was passed in a narrow …
Read MoreGlaxoSmithKline’s May 20th AGM will be asking shareholders to exempt the auditor partner from signing the audit in his or her own name, the first such case noted by Manifest.
The company says that, ‘For many years, the Company and …
Read MoreEuropean Commissioner Charlie McCreevy has gone public with his concerns about role and structure of the International Accounting Standards Board. In his usual direct way McCreevy has pointed out that: “Accounting is now far too important to be left solely …
Read MoreIf Democratic New York Senator Charles ‘Chuck’ E Schumer has his way, shareholders of US-quoted companies can expect to see their ownership rights significantly enhanced. Schumer’s move was flagged in late April but reports are coming in that the Bill …
Read MoreThe Securities and Exchange Commission has charged INTECH Investment Management LLC, a Florida based investment advisor with violating its proxy rules after it was found that it failed to describe its voting policies and procedures as well as failing to …
Read MoreThe Institute of Directors in South Africa has published drafts of the King III Report and King III Code on Corporate Governance.
Shareholders are being offered a chance for a say on pay but it won’t be mandatory. The draft …
Read MoreThe Shareholder Communications Coalition sent a letter to the Securities and Exchange Commission on Friday, April 24, 2009 in response to a recent article in the Wall Street Journal which suggested that the Commission may approve an amendment to New …
Read MoreFairPensions, the UK-based campaign for responsible investment has published its 3rd annual survey of pension funds and their ESG arrangements.
The headline findings are that although major UK pension funds are now acknowledging the potential of ‘non-financial’ issues to affect …
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