Tag: corporate governanace
Hellawell narrowly retains Sports Direct chair after shareholder vote
Despite vocal opposition from major shareholders leading up to Sports Direct’s AGM, Keith Hellawell is narrowly re-elected as Sports Direct chairman.
Whistleblowers should not be incentivised with payments, says ecoDa
The group representing company directors across Europe says whistleblowing needs clearly defined roles, not payments.
Pension fund group to increase pressure over climate risks
Local government pension funds to plan more action over climate change risk after partnering with specialist research group.
Watchdog confirms call for new powers over company directors
FRC seeks powers to prosecute company directors and monitor governance reporting, and suggests expansion of remuneration committees’ role.
Third-party failure could cause losses of up to ten times any regulatory fine
Failing to appropriately identify and manage third parties could cost shareholders up to £650m, claims Deloitte.
Audit networks need more external challenge
While large UK audit firms are ahead of their international counterparts, more could be done at network level, says watchdog.