Governance
NEWS: Governance, 21 December, 2023
News round-up: this week in governance
ClientEarth sends fossil fuel warning; Tennessee sues BlackRock; PwC seeks independent directors; the positive impact of altruistic CEOs.
NEWS: London Stock Exchange, 20 December, 2023
FCA kills off ‘premium’ stock exchange listing category
Organisations listed in the new ‘commercial companies’ category must report on their UK Corporate Governance Code compliance.
NEWS: Executive pay, 19 December, 2023
UK chief executive pay gap widens
In the FTSE 350, the median chief executive’s pay was 57 times that of the median employee in 2022, up from 56:1 the previous year.
INSIGHT: AGM trends, 18 December, 2023
What are your investors thinking?
The 2023 AGM season revealed that executive pay and long-term incentive awards are hot issues for European company shareholders.
NEWS: Audit market, 14 December, 2023
Big Four continue to dominate audit market
FRC review of audit market competition reveals 98% market share that ‘leaves little room for challengers to emerge’.
NEWS: Sustainability reporting, 13 December, 2023
Railpen backs sustainability reporting standards
The UK pension fund notes in voting guidelines that the ISSB reporting standards IFRS S1 and S2 should be seen as a ‘minimum’.
NEWS: Female CEOs, 12 December, 2023
Women blocked from FTSE 100 CEO career path
Nearly half of chief executives progress via the role of divisional head, but less than a fifth of divisional leads are female, study finds.
NEWS: Climate change, 12 December, 2023
Boards tasked to ‘focus on decarbonising supply chain’
In advance of COP28, IIA report says comprehensive due diligence will help business avoid sabotaging net zero target.
COMMENT: Autumn statement, 11 December, 2023
Jeremy Hunt’s autumn statement misses a trick
Where are the proposals to reinvigorate the London Stock Exchange and boost both public and private UK equity markets?
NEWS: Governance, 7 December, 2023
‘Workers on boards’ idea is back on the table
European-style two-tier board system may help to end stagnation in the UK, reports the Resolution Foundation.