The European Commission has this week launched a consultation, in the form of a green paper, in preparation for taking measures to enhance corporate governance in financial institutions and remuneration policies.
It is significant that the Commission is keen …
Read MoreWhile the AGM season is now mostly behind us as far as the biggest European blue chips are concerned, it’s now the turn of the mid-caps to face their shareholders. A quick review of the data so far shows that …
Read MoreThe Say on Pay continues to play out at US annual meetings this year – both in terms of management and shareholder proposals. Here are a few highlights prepared by Allie Monaco of ProxyGovernance:
- Two management say on pay proposals
The Australian Corporate Governance Code is up for review. Under the auspices of the Australian Stock Exchange (ASX), a number of amendments are under consideration, most notably improved disclosures about gender diversity and executive pay.…
Read MoreXstrata may find that its remuneration report resolution hits the headlines yet again on May 5th. Against a backdrop of general public hostility towards high director bonuses and greater shareholder scrutiny on remuneration reports resolutions, resulting in higher …
Read MoreAustralian Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen has delighted Australian shareholders with plans to introduce extensive executive remuneration reforms designed to force boards to be more accountable and give shareholders more power.
In a ringing endorsement …
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 MoreTomorrow’s Company, the UK-based ‘think and do’ tank on successful, sustainable business yesterday launched their latest study “Tomorrow’s Corporate Governance: Bridging the UK Engagement Gap Through Swedish-style Nomination Committees”, at the opening of the ICGN mid-year conference at the Guildhall …
Read MoreUS pay czar Kenneth Feinberg has announced that a number of the highest-paid executives at bailed out companies will have their remuneration cut by an average of 15 percent this year.
Cash salaries will be set at $500,000 or less …
Read MoreInsitutional investors can shape the governance debate more effectively by integrating ownership into their mainstream investment activiites according to a new position paper published by Eumedion, the Dutch shareholders group.
As the paper points out, the focus around the publication …
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