corporate governance Archives

Investors have a role in tackling UK’s low productivity

Tackling low business productivity levels since the 2008 financial crisis and recession requires more long-term thinking from investors according to the report How Good is Your Business Really? Raising our ambitions for business performance published last week by the UK’s …

Sir Philip Green refuses to be phased by MP’s questions on BHS collapse

The UK’s parliamentary inquiry into the collapse of the retailer, BHS, continued lastweek with the questioning of Sir Philip Green, the chairman of Arcadia and former owner of the business. MPs tried to relate Green’s conduct in relation to the …

Criticisms of BHS governance continues as administrators fail to find buyers

As inquiries continue into the retailer BHS – focusing on its sale last year and its large pension fund deficit – its administrators, Philip Duffy and Benjamin Wiles, managing directors at Duff & Phelps, announced that it had been unable …

Short-term shareholders damage UK companies and wider economy claim two new reports

British companies are losing out – potentially by over £130bn a year – because they lack clear corporate purposes that unite all stakeholders in common goals and values, according to the interim report by the Purposeful Company Taskforce, which was …

Nomination committees no longer the poor relation?

Nomination committees have been the poor relation of board committees, according to advisory firm, Ernst & Young (EY). However this appears to be changing as companies adapt to demands for a more professional approach to director recruitment and to scrutiny …

Dutch update corporate governance code

The Dutch corporate governance code monitoring committee is currently revising its country’s corporate governance code – first released in 2003 – following a consultation on the proposed changes which ended last month. The committee is expected to publish the finalised …

Countries reform corporate governance codes

Respondents have until 22nd April to comment on a revised corporate governance code for Mauritius. Its national committee on corporate governance said the new code, developed by a team led by governance expert Dr Chris Pierce, is comprised of eight …

Taiwan records corporate governance progress

Taiwan’s Financial Supervisory Commission has published the Securities and Futures Institute’s second evaluation of Taiwan’s 5-year Corporate Governance Roadmap published in December 2013. This is an assessment of the corporate governance of 1,447 companies in 2015 – made up of …

French issuer control of governance queried by AMF report

French regulator AMF has found that France is the only country where governance codes are drawn up by bodies representing issuers and where code amendment to its code are not subject to a prior public consultation on the website of …

New Zealand stock exchange provides update on corporate governance reporting review

The New Zealand Stock Exchange, NZX, is currently reviewing the responses to its recent consultation on proposed changes to corporate governance reporting requirements within the NZX Main Board Listing Rules.

One of the key concerns raised by respondents is the …