Minerva’s latest Regulatory Briefing: Tax Secrecy identifies the key issues for investors and provides helpful guidance for trustees and governance officers to help them incorporate good practice into their proxy voting guidelines. For many years Manifest’s research reports have identified material non-audit and tax-related fees as part of each auditor election proposal. From proxy season […]
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Since November 2016, the UK has been investigating three key pillars of governance reform focussed on executive pay; the governance of large private companies and strengthening the voice of employees and stakeholders. Two years on, US Senator Elizabeth Warren has proposed a bill “The Accountable Capitalism Act” which, if passed, would enable up to 40% […]
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Minerva’s stewardship support team has reviewed the new investor guidelines of the Investment Association in the context of Minerva’s current Say on Pay research reports, ratings and voting guidelines to identify the potential impact of the proposals. The UK’s main investor body, the Investment Association hosted in November 2018 a public Stewardship and Governance conference […]
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Although the European Commission and member states began to address board gender diversity since 2012, progress towards the suggested 40% target has been mixed. From an investors’ perspective, although high-level legislative steps have been taken to improve board diversity, due to the way each country has chosen to implement the recommendations, there is considerable variety […]
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During 2018 there have been a number of governance reforms introduced which will impact both companies and institutional investors. The new regime will begin to apply to accounting periods beginning on or after 1 January 2019. In effect, the new information will be reported against in 2020, unless companies and/or investors decide to adopt and […]
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Minerva Total Remuneration Survey 2018 Over the past 20 years, the Minerva Total Remuneration Survey has become an essential resource to support engagement on pay. It is the is the UK’s most authoritative report of its kind, trusted by investors, companies, regulators, and academics alike. In planning your response to AGM votes or issues that […]
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