The amended Transparency Directive (TD), which entered into force on 26 November 2015 across the EU brings major new powers to the FCA. One of the key changes is that the FCA can apply to court for a voting rights suspension order against a “vote holder” of shares in a company which are admitted to trading on […]
Read MoreThere’s no denying it: we work in a results-driven world. Financial results, investment return, engagement outcomes, meeting results. In fact, this is a good thing. Positive results we’ve contributed to are one of the things that make our work feel valuable (and shock horror, actually gets it valued sometimes as well!). So how or why would we create […]
Read MoreEven more than its predecessors, Manifest and MM&K’s Total Remuneration Survey 2013 (May edition) deservedly earned headlines and an impressive array of coverage in the press after the launch earlier this week (even making it into Vogue, which must be a first for corporate governance research?!). However, one very important point which we made deserves particular […]
Read MoreIt’s being quite a few days for corporate governance. First, the unprecedented (at least since our records began in 1996) shock yesterday of Sir John Bond’s ejection as Chair of Glencore Xstrata, whilst in the same week, the PR chicanery currently being played out in the US ahead of JPMorgan’s AGM next week over the question of whether the Chair and Chief Executive […]
Read MorePerhaps the two least surprising observations about last week’s local government elections in the UK were the weakness of the incumbent national government party vote, and the continued fall in turnout. If there’s one thing you can rely on, it’s that generally people don’t understand why local government is important to them and therefore don’t […]
Read MoreThe ICGN Conference in Paris last week included a session on the very interesting topic of new and social media, exploring what are some of the ramifications in the context of corporate governance. Taking corporate governance in its widest sense – i.e. the relationship within and between the company, its current and potential shareholders and […]
Read MoreLondon Stock Exchange this week announced a consultation on the AIM Rules a which is open until 15 January 2010. The proposals will see all AIM companies obliged to disclose details of directors’ remuneration on an individual basis, as the rules catch up with the actual practice of most leading AIM companies. The UK Companies […]
Read MoreThe ASX Corporate Governance Council has released a communiqué on its recent work programme and it proposal to make changes to the ASX Corporate Governance Principles and Recommendations (‘the ASX Code’) with an expected implementation date from 1 July 2010. Following the publication of the Corporations and Markets Advisory Committee (CAMAC) earlier in 2009 of […]
Read MoreComing so late in the life of the current parliamentary term, the City may be forgiven for already turning attention from yesterday’s budget statement to post-election budgetary announcements for substantive financial and fiscal policy developments. However, hidden in the text of yesterday’s Budget Report is a potentially highly significant statement, which could make voting disclosure a […]
Read MoreThe prospect of new regulation at the ownership end of corporate governance mechanisms in Europe is beginning to take shape. The new Member of the European Commission responsible for Internal Market and Services, Michel Barnier, has recently been making increasingly clear his views on the future directon of regulation in response to criticism of the […]
Read More