The UK’s Purposeful Company Task force, set up by the Big Innovation Centre, has called for major changes in corporate governance, asset management and backed the Financial Reporting Council’s proposal for company’s to report on how directors are having regard to stakeholders as required under company law. The task force said its work builds on evidence […]
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The UK’s corporate governance landscape could be set for set for a wholesale changes after the Financial Reporting Council (FRC) announced a wide-ranging review of the corporate governance code. This will take into account the regulator’s recent work on corporate culture and succession planning, as well as the issues raised in the government’s green paper and the […]
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The Organisation for Economic Co-operation and Development (OECD ) has published its due diligence guidance for responsible supply chains in the garment and footwear sector in line with the OECD Guidelines for Multinational Enterprises (MNE guidelines) and UN Guiding Principles on Business and Human Rights. The OECD said the guidance will help companies identify and prevent potential […]
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The latest corporate governance scorecard assessing listed companies in Hong Kong shows that improvement is needed and directors ought to stay up to speed with the latest corporate governance developments, according to the Hong Kong Institute of Directors. The 2016 survey of 120 companies published this week found that when compared to the 121 firms assessed […]
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The UK’s Work and Pensions Select Committee has used its response to the government’s green paper on corporate governance to emphasise that public and private companies need to ensure that their pension fund forms part of their corporate thinking. The MPs’ recommendations follow their inquiry into the collapse of the retailer BHS last year. This privately-run […]
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The US has moved a step closer to a national stewardship and governance code with the launch of the Investor Stewardship Group. The signatories and supporters of the $17 trillion group are now urging all institutional investors to join the framework. The framework includes a set of six corporate governance principles for companies to follow and six stewardship […]
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A new survey from the OECD highlights the development of corporate governance across 14 countries in Asia. While each of the countries have their own characteristics the study shows how international standards are taking hold across the region. The authors of the study suggest that understanding the ownership structures in Asia is critical to ensuring the development of effective […]
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The Financial Reporting Council (FRC) has said it is ready to make further changes to the UK’s corporate governance code to reflect concerns about the role of companies within society and to improve public trust in its annual report, Developments in Corporate Governance and Stewardship 2016. The report, published as the FRC marks 25 years since the […]
Read MoreA revised corporate governance code came into effect on 1st January 2017 in the Philippines. The code has been developed by the IFC, a member of the World Bank Group, and the Philippine Securities and Exchange Commission (SEC) with the aim of improving the competitiveness of listed companies in the country and their ability to attract foreign […]
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As US Republicans accelerate their plans to dismantle much of the Dodd Frank regulatory framework, Jamie Dimon, chairman and chief executive (CEO) of JPMorgan Chase, has been appointed as the next chairman of the US issuer lobby, Business Roundtable (BRT). BRT’s members are the chief executives of the largest American companies; together with the US […]
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