Tag: dual-class shares
Changes to London listings ‘expose investors to undue risk’
FCA proposals will ‘roll back’ governance and mean ‘weaker voting rights’, writes global investor stewardship body.
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.
Losing approval rule ‘risks disenfranchising public shareholders’
Reforms to relax dual-class share rules will make it even more important to retain a ‘buttress’ of shareholder approval, writes academic.
Dual-class shares have become ‘dual-class stock lite’
A consultation is under way on dual-class share rules after changes in 2021 ‘unlikely to move the needle’ on attracting new listings to London.
Governance ‘fails with superstar CEOs’
Beware the rise of chief executives who are accorded special privileges and apparently can do no wrong, research warns.
Investors balk at S&P dual-class shares decision
Representatives of US pension funds are ‘disappointed’ that dual-class structures have been allowed to return to S&P Global Indices.
News round-up: this week in governance
Sweden’s Jacob Wallenberg rejects ISS criticism of dual-class shares; golden parachutes; greenwashing; climate disclosure litigation risk; EY cancels split
Can dual-class shares help to curb greenhouse gases?
Extra voting rights could give the boost needed for firms to take higher risk ESG decisions on low-carbon technology, argues legal academic.
Silicon Valley improves its governance
Big technology companies are stealing a march over other top corporates when it comes to female representation on the board.
Annual reports reach ‘door-stopper’ size, says campaign group
The Quoted Companies Alliance puts the average length of a FTSE 100 board report at 237 pages—and growing every year.