The Financial Reporting Council (FRC) has published the responses to its recent consultation on the UK’s corporate governance code. A total of 117 responses have been made available, of which 37 are from quoted companies directly and 14 from investors directly. The overwhelming majority have been sent from either trade association or professional groups. Overseas […]
Read MoreThe Irish Stock Exchange is considering whether there should be a stand-alone Irish corporate governance code following revelations of governance shortcomings in the market. According to a new report by accountants Grant Thornton, Ireland has seen a sharp decline in compliance with the Combined Code with just over just over one third (36%) of companies claiming […]
Read MoreThe inclusion of the Green Party in the Irish coalition government has seen some interesting new features included in the new “Programme for Government” which was agreed this week after a series of last minute negotiations. In addition to new protections for mink through the abolition of fur farming and the development of Irish pub food trails, Irish […]
Read MoreYet again Ryanair stands out amongst its peers as being one of Europe’s most shareholder unfriendly companies. Since the introduction of the 2006 Combined Code recommendations that companies should provide their shareholders with a detailed breakdown of voting results, Ryanair has refused all such requests. At the same time its annual reports for 2009 gives […]
Read MoreThe UK’s corporate governance regulator, the Financial Reporting Council (FRC) has today published a progress report on its review of the Combined Code on Corporate Governance, which it kicked off in March 2009. The report summarises the results of the consultations and research that the FRC has carried out to date and invites views on […]
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