A: Suspect ingredients, lack of traceability, bad labelling and poor retailer accountability. What on earth has dubious food processing got to do with proxy votes I hear you ask? The FT neatly sums it up in its article “From workhorse to main course” (15th Feb 2013): “our food chain is fragmented and open to abuse”. The same is true […]
Read More…..on the facts. The world’s proxy seasons draw to a close with the last remaining Japanese vote deadlines on Tuesday 26th June. That’s one day after the European Securities Markets Authority’s consultation on proxy advisors closes. Shareholders do like to be consulted, up to a point. 2012 could go down in history for the most […]
Read MoreSpecifically, one marine, Guy Wyser-Pratte to be exact. As we reported back in March, Guy was determined to leave no stone unturned to find out why the votes on his proposals to shake up the governance at French media conglomerate Lagardère didn’t tally. While Guy admits there were some issues with his prime broker votes […]
Read MoreVince Cable, the UK’s Secretary of State for Business used the Confederation of British Industry’s annual conference to launch an an investigation into possible failures of market and corporate governance which have discouraged a long-term approach to investment. The paper, ‘A Long Term Focus for Corporate Britain’, is looking for input on a wide range of questions: the […]
Read MoreNew governance standards for UK-listed companies looks set to split investors over the FRC’s proposals that the 350 largest companies should propose all their directors for annual election. The UK Corporate Governance Code, formerly known as the Combined Code, sets out standards of governance for listed companies. Companies are required either to follow the Code […]
Read MoreDespite tumbling stock market valuations the impact of overseas shareholders in the UK stock market is greater than ever. This could have far reaching implications for the UK government’s attempt to beef up corporate governance. According to figures released this week by the Office of National Statistics, non resident shareholders now account for 41.5% of UK […]
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