GovernanceWatch: Kier Group

UK Governance Watch

FTSE 250-listed Kier Group’s suffered a shareholder revolt at its 2017 AGM after 44.16% of shareholders opposed the approval of its remuneration report. The construction and services business also saw 21.24% of shareholders oppose its remuneration …

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GovernanceWatch: JD Wetherspoon

UK Governance Watch

At JD Wetherspoon shareholders may hold concerns with the level of independence on the board. At the conclusion of the FTSE 250 pub owner and operator’s AGM the board will comprise three executive directors, Chairman Tim Martin …

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GovernanceWatch: SIG plc

UK Governance Watch

SIG plc is holding a general meeting on 7 November in order to seek shareholder approval of a new remuneration policy and long-term incentive plan (LTIP). In the FTSE250 industrial group’s annual report it was reported that …

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GovernanceWatch: Hargreaves Services, Brooks MacDonald

UK Governance Watch

At AIM-listed infrastructure group Hargreaves Services’ 2017 AGM around 20% of shareholders opposed the adoption of its remuneration report. Shareholders likely held concerns with the level of disclosures provided in the report regarding performance targets and …

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Melrose plc logo

When you submit your proxy votes it’s normally safe to assume that what you voted on is, well, what is going to get voted on. Maybe not.

Now that the dust has settled on the takeover of GKN plc by …

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IRRI Survey 2017

Manifest has achieved a Top 4th ranking for the independent provider that is best at delivering Proxy Voting Execution in the IRRI Survey 2017, the globally-authoritative review of trends in independent SRI & corporate governance research.

The IRRI survey …

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AIM

The London Stock Exchange has confirmed that it has strengthened the corporate governance requirements for AIM companies from the 28th September this year with new entrants to the market having to comply with the rule from the end of March …

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corporate governance codes

National corporate governance codes need to be adapted to take account of the challenges that exist when companies have dominant shareholders or small groups of shareholders collectively have a dominant share of the total shareholder vote according to a survey …

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UK corporate governance code

The Institute of Directors (IoD) has called for tougher rules on executive pay, including greater transparency over the effect of share buy-backs,  in its response to the Financial Reporting Council’s (FRC) consultation on the revised UK corporate governance code.

The …

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Wells Fargo

The US central bank, the Federal Reserve, which regulates the country’s financial institutions, has restricted the growth of Wells Fargo following “recent and widespread consumer abuses and other compliance breakdowns”. The restriction on the bank is to continue “until …

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