directors Archives

UK’s FRC asks for more governance powers

The UK’s Financial Reporting Council (FRC) has argued that it needs more powers to take enforcement action against directors so that it can investigate and prosecute all directors for financial reporting breaches and associated issues of integrity, rather than only …

Pensions must be part of corporate governance debate

The UK’s Work and Pensions Select Committee has used its response to the government’s green paper on corporate governance to emphasise that public and private companies need to ensure that their pension fund forms part of their corporate thinking.

The …

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, …

James Murdoch’s re-appointment as Sky chairman raises concerns

With broadcaster Sky’s AGM taking place on 13th October investors have a chance to show their concern about the re-appointment of James Murdoch as chairman of the company.

Murdoch has previously been chief executive and chairman at Sky. He stepped …

Global board diversity: traditional thinking holding back progress

While there has been more debate about achieving more diversity on company boards, the Global Board of Directors survey 2016 has found that despite the intense investor and media scrutiny – public company directors are no more diverse that the …

The Institute of Directors hopes framework will improve director quality

With a backdrop of damning reports from MPs published last week on the demise of the retailer BHS and on poor working practices at Sports Direct, which both identified weak corporate governance as partly to blame for company failures, …

As board diversity stalls, new push to breakdown barriers and improve pipeline

After the initial push to increase board diversity over the past five years, progress appears to have slowed according to two reports published by the UK government and Cranfield School of Management.

The UK government has therefore launched a review …

South African directors positive about governance

In the first survey of director sentiment in South Africa conducted by the country’s Institute of Directors (IoDSA) its top bosses are more positive than negative in their perceptions of governance in contrast to their economics and business sentiments which …

Aligning board talent and company strategy is a key challenge survey finds

Aligning board talent with a company’s long-term strategy is a critical challenge for three-quarters of corporate directors according to a global survey by KPMG’s Board Leadership Center. The advisory firm surveyed more than 2,300 directors and senior executives across 46 …

US remuneration committee chairs get less support after losing say on pay votes, study finds

Executive pay firm, Semler Brossey, has analysed the relationship between the shareholder support given in elections of remuneration committee members and chairs and the result of the say on pay votes at US company AGMs.

The study of director election …