The UK government is to require companies to publish pay ratios between chief executives – based on their total remuneration – and their average UK worker. This was among the actions outlined in the government’s response to its corporate governance …
Read More
AIM-listed Telit Communications has dismissed its chief executive, Oozi Cats, following the revelation that he had faced criminal charges and was on run from the US authorities. Yosi Fait, the financial director was appointed as interim chief executive.
Following …
Read More
The UK needs to implement corporate governance reform as part of plans to boost the economy as it leaves the EU according to the Institute for Public Policy Research’s (IPPR) Commission on Economic Justice that is rethinking economic policy for …
Read MoreRetailer Sports Direct which has been under intense scrutiny from investors, politicians and the media for over a year due to perceived corporate governance failings and criticisms of its working practices has appointed a permanent finance director.
Jon Kempster will …
Read More
Michael McCauley, Senior Officer – Investment Programs & Governance State Board of Administration (SBA) of Florida, which runs the assets of the state’s pensions funds, has taken over from Triodos’ Erik Breen as chair of the International Corporate Governance
Corporate governance in Kenya is improving due to enhanced corporate disclosure and improved regulation according to this year’s corporate governance index from Cyton Investments.
Cyton noted that its first index, and accompanying corporate governance analysis, published last year had …
Read More
Twenty-five years of corporate governance reforms in the UK have tended to create a compliance culture on company boards with non-executive directors more focused on risk mitigation and monitoring than supporting management to boost their businesses according to a report …
Read More
Companies seeking to list on South Africa’s Johannesburg Securities Exchange (JSE) will now have to comply with the King IV corporate governance codes (King IV), which was published last year, as part of amended listing requirements. Companies already listed …
Read MoreUber’s founder and chief executive Travis Kalanick, who last week said he would take indefinite leave, has now resigned from his post although he remains on the board of the technology-driven ride-hailing company, following pressure by shareholders, reports state.…
Read More