A code of conduct for UK directors has been proposed by the Institute of Directors (IoD), as part of a recent policy paper published by the body.
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The chief executive and other senior executives have stepped down from Japanese company Kobe Steel following the publication of the report outlining the findings of an investigation into the data falsification that the company admitted to in October last year. The investigation uncovered 163 more customers since October that had received metal products which did […]
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The former directors of Carillion who appeared before the joint Work and Pensions and Business, Energy and Industrial Strategy Committees inquiry into the company’s collapse last month were labelled as “delusional” by its co-chairs Frank Field MP and Rachel Reeves MP. Field and Reeves said: “We heard variously that this was the fault of the Bank of England, […]
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The Hong Kong Stock Exchange is holding a consultation on a revised corporate governance code and changes to its listing rules. The stock exchange said the review of the Hong Kong code was driven by a desire to raise the overall standards of corporate governance amongst issuers and directors, having taken into account relevant international practice […]
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The qualified pool of chief executive (CEO) talent to run the largest publicly traded companies in the US is incredibly small, according to the directors who sit on the boards of these companies according to recent research by Stanford Graduate School of Business and The Rock Center for Corporate Governance. The 2017 CEO Talent Survey is […]
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The Securities and Exchange Commission of Pakistan (SECP) has required listed companies to have at least one woman director within three years which it said would lead to a doubling of the number of female directors in the country. The SECP said the change is being implemented through Pakistan’s revised code of corporate governance under the […]
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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 post-Brexit Britain. In its latest report, the IPPR’s Commission suggests that corporate governance reform is vital […]
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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 from the think tank, Tomorrow’s Company. Entitled NEDs From Monitors to Partners, the report argues […]
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Encouraging responsible leadership by company boards so that businesses contribute to wider society was the theme of the recent discussion organised by the European Confederation of Directors’ Associations (ecoDa) and Standard Life Investments. This was building on a vision of the role of business begun by the World Economic Forum. Entitled Building trust in boards – supporting responsive and […]
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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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