Unilever

10 August, 2017

Unilever looks to improve governance with €450m preference share buyback

Unilever has launched a €450m (£407m) deal to buy back preference shares, a move it believes will improve its capital structure and corporate governance. The vast majority of the preference shar...
Tech Data, FRC

9 August, 2017

Ex-Tech Data finance director banned from accounting membership

The former finance director of Tech Data Limited has been banned from membership of his accountancy association for ten years and fined nearly £36,000 for his role in the preparation of his former em...
Sports Direct, Keith Hellawell

4 August, 2017

Major investors ditch Sports Direct holdings as governance concerns continue

Major investors have divested their holdings in Sports Direct, as the retailer continues to battle to convince the markets that it has improved its governance. Standard Life has sold its 5.8% holdi...
executive pay, pay, remuneration, pay ratios, corporate governance, finance

3 August, 2017

FTSE100 CEO pay falls but much further to go, say governance experts

A fall in the average FTSE100 CEO pay packet has been welcomed as a “step in the right direction”, although the ratio between them and the pay of their employees remained extremely high at 129 to ...

1 August, 2017

S&P bars companies from indices over voting rights concern

Companies with multiple share class structures will be barred from inclusion in major stock indices, over concern that they treat shareholders "unequally". The US-based S&P Composite 1500 and i...
Mitie, outsourcing

31 July, 2017

Watchdog launches probe of Mitie audits by Deloitte

A financial regulator in the UK has launched a probe into the audit of troubled outsourcing company Mitie. The Financial Reporting Council (FRC) said this morning it would investigate the audits of...
Audit, finance, accounts

28 July, 2017

Audit improves but professional scepticism remains a concern

Audit quality in the UK has improved again, but the audit watchdog remains concerned about professional scepticism across audit firms. The Financial Reporting Council (FRC) has published its second...
Whole Foods, Amazon, M&A

26 July, 2017

Global M&A deals holding firm, EY figures show

Global mergers and acquisitions remain buoyant, according to latest figures which reveal that while values may be slightly down, deal numbers have modestly risen.
China flag, Chinese governance

26 July, 2017

China reveals state-owned enterprise reform plan

China is set to further reform the governance of state-owned enterprises (SOEs) by ordering that they all become either limited companies or joint stock companies by the end of 2017. The reform wil...
The Sims, Electronic Arts

24 July, 2017

Advisors recommend vote against The Sims chairman

Shareholders have been advised to vote against the reappointment of the chairman of computer games maker Electronic Arts Inc., the company behind international hits such as The Sims and the FIFA footb...