corporate governance Archives

Revised Dutch Corporate Governance Code published

The Dutch corporate governance code monitoring committee has published a revised corporate governance code for the Netherlands replacing its previous 2008 code. The revisions follow earlier consultation and were at the request of Dutch company bodies, trade unions and shareholder …

UK’s corporate governance green paper widely welcomed

The UK government’s widely trailed corporate governance green paper has focused, as expected, on executive pay and stakeholder representation at companies as well consulting on corporate governance rules for large privately owned companies. Manifest welcomed the consultation particularly the Government’s …

UK PM Theresa May softens stance on worker representation

UK Prime Minister Theresa May appeared to soften her stance on board worker representation within UK companies having previously suggested they should be represented alongside consumers. Speaking at the CBI annual conference this week she said that the government’s coming …

South Africa: King Report IV Published

South Africa’s corporate governance guidance, the King Report IV, has been radically revised in its latest version. According to the Institute of Directors in Southern Africa (IoDSA) the report is considerably more accessible, making it applicable beyond …

Global Governance Regulatory Round-up

Taiwan

Corporate Governance Best-Practice Principles update

In response to the latest G20/OECD Principles of Corporate Governance, Taiwan has updated its Corporate Governance Best-Practice Principles for companies listed on its stock exchanges.

Key changes include allowing investor engagment; creation of …

Sky AGM: independent shareholders vote against James Murdoch

Over half of the Sky’s (LON: SKY) independent shareholders rebelled against the election of James Murdoch as a non-executive director at last week’s AGM following his appointment as chairman earlier this year.

Overall Murdoch received 71.6% support for his re-election, …

Theresa May outlines far-reaching governance reforms

UK Prime Minister Theresa May has committed her government to tackling what she sees as corporate irresponsibility by a small number of companies and to improving board diversity by including workers and consumers.

Speaking at the Conservative Party Conference May …

Emerging markets governance – IOSCO seeks to strengthen standards

Governance standards in emerging markets are coming under closer scrutiny. The International Organization of Securities Commissions’ (IOSCO) has published a report seeking to strengthen corporate governance frameworks within emerging markets.

The report from IOSCO’s growth and emerging markets …

Thailand consults on Governance & Stewardship Codes – with added ESG

The Securities and Exchange Commission of Thailand is consulting on a draft corporate governance (CG) code, which will replace the country’s principles of good corporate governance 2012, and a new investment governance code. The deadline for responses to …

Singapore tops 2016 Asian corporate governance rankings

CG Watch 2016, a survey of 12 major Asia-Pacific markets and 1,027 Asian companies has ranked Singapore as Asia’s top corporate governance (CG) performer followed by Hong Kong, Japan, Taiwan, Thailand, Malaysia, India, Korea, China, Philippines and Indonesia.

The …