shareholder rights

ICGN recommends changes to European shareholder rights

October 31st, 2024


The International Corporate Governance Network (ICGN) has issued recommendations to the European Commissions aimed at harmonising shareholder rights and creating more cohesive legislation.

The non-profit organisation, which is backed by …

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Dutch financial and economic centre, Amsterdam

Dutch pension funds lack support for climate resolutions 

March 16, 2023


Dutch pension funds are failing to provide clear support for voting on climate resolutions at oil and gas companies and banks, according to two Dutch NGOs.  

The study of …

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EU Flags in front of the European Commission

February 3, 2023


The European Commission’s (EC’s) plans to harmonise the structure of multiple-voting rights (MVR) for SMEs have been criticised for “lacking” any legal basis.

A piece on the Oxford Business Law

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UK corporate governance code

There continued to be a focus on executive pay in 2017 by shareholders of FTSE 350 companies data from Manifest for the Pensions and Lifetime Savings Association’s (PLSA) AGM voting review showed.

The PLSA stated that the executive pay …

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australia

Australia’s 2017 AGM season was significantly “less tumultuous” than the 2016 season, with fewer ‘strikes’ (a 25% vote against) on remuneration reports the Australian Securities & Investment Commission (ASIC) has reported.

Most Australian companies hold their AGMs in …

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corporate governance codes

Manifest has released its 2018 voting policy guidelines to clients and announced changes to its research reports to reflect the latest global governance and sustainability developments. AGM reports will now provide more detail on board diversity and pay ratios while …

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TPR ESG

UK pension fund trustees who want to fulfil their fiduciary duty should be able to implement their environmental, social and governance (ESG) policies and challenge their investment advisers on these issues according to The Pensions Regulator (TPR).

The regulator issued …

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Indian proxy season

The Indian proxy season for 2017 represented a tipping point for shareholder activism, according to corporate governance advisory service, InGovern with institutional investors now prepared to take on company boards.

In its overview of this year’s season, which begins in …

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lobbying

Global investment giant Blackrock has spoken out on share voting rights recently. This has become particularly controversial in the US with tech firms giving their founders’ shares preferential voting rights. For example, Snapchat listed on the New York Stock Exchange …

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South African auditor reappointments

Since announcing in June that a new mandatory auditor rotation rule would be introduced in 2023 South Africa’s Independent Regulatory Board for Auditors (IRBA) has surveyed the proxy voting results in respect of auditor re-appointments this year.

The IRBA said …

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