Manifest’s campaign to ensure shareholders at Irish companies have the opportunity to cast an advisory vote on the remuneration report gathered momentum over the weekend, with a full page article in the Irish edition of The Sunday Times. Last month Manifest filed shareholder resolutions at five Irish companies seeking an advisory say-on-pay vote. The Sunday […]
Read MoreFrom the self-styled “Wall Street Tabloid” DealBreaker ….in the face of mounting losses and some very poor risk management very few corporate heads have actually been tossed by shareholders. Government, of course, has been more “effective” in this regard. Still, of the vanishingly small pool of shareholder executed CEO defenestrations CEO pay has played a […]
Read MoreFTSE 100 bosses are paying themselves “footballers’ salaries” out of proportion with the rest of the market according to a report from pay consultants MM&K and governance group Manifest. The increase in total pay for chief executives and senior directors of the UK’s largest companies is “on a curve to infinity” as management fight to […]
Read MoreDid the Lloyds board act with sufficient care on the HBOS deal? Manifest takes a look at the legal aspects of directors’ duties in the context of one of this century’s most politically charged takeovers. The 2006 Companies Act for the first time codified a number of long established common law principles relating to the […]
Read MoreManifest has recently published its findings on voting at UK shareholder meetings in 2008 and this prompted suggestions that we should make a submission to UK’s Treasury Select Committee on the Banking Crisis. The Committee is still taking evidence and we were asked to address the issue of voting at UK Bank AGMs to see […]
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