Governance
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NEWS: Remuneration reports, 11 August, 2020
Shareholders happier with CEO pay levels in 2020 as revolts halve
Research finds shareholder pay revolts in 2020 have halved year on year.
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INSIGHT: Risk management, 10 August, 2020
Is human rights risk monitoring a weak link in your supply chain?
Current risk monitoring systems may not protect workers or provide an accurate assessment of risks. Here are the questions companies should ask themselves.
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NEWS: Governance, 7 August, 2020
Stakeholderism: study finds evidence in short supply
Governance has been dominated by the debate over shareholder primacy vs stakeholders. But US companies show little sign of changing tack.
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NEWS: Governance awards, 6 August, 2020
Diligent launches search for top 100 governance professionals 2020
The Modern Governance 100 programme honours company secretaries, corporate counsels and other professionals driving change in their organisations.
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NEWS: Remuneration, 5 August, 2020
Covid-19: cuts to executive pay ‘mainly superficial or short term’
Only 36 FTSE 100 companies cut CEO pay as a result of the pandemic, while the median FTSE 100 CEO pay package fell by 0.5% in 2019.
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COMMENT: Audit reform, 27 July, 2020
Audit keeps failing—here’s why a fundamental change is needed
The frequency with which companies fail—seemingly without any warning signs—has grown in recent years, with Wirecard the latest example. Auditing needs reform.
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INSIGHT: Environmental risk, 27 July, 2020
A blueprint for business to transition to a nature-positive future
The pandemic shows that nature-related business risks are intensifying. A new report provides a route map for business action to safeguard nature.
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NEWS: Finance, 20 July, 2020
UK dividends slashed by a ‘dizzying’ £22bn in Q2
The Covid-19 crisis saw dividend payments cut by 57% in the second quarter of this year, as many companies took action to protect balance sheets.
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NEWS: Finance, 15 July, 2020
CVAs: flexible business aid or delaying the inevitable?
Big brands are using company voluntary arrangements (CVAs) to manage the financial impact of Covid-19. But experts warn they can damage the reputation of businesses—and directors.
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INSIGHT: Compliance, 13 July, 2020
#MeToo continues: why sexual harassment is a growing litigation risk
US investors are using federal securities law to launch claims over sexual harassment policy compliance. Boards should take this seriously.
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NEWS: Business trends, 13 July, 2020
Warning over boardroom composition as businesses adapt to Covid-19
A report from ecoDa cautions that current boardroom composition may not "respond to the imperatives" of the post-pandemic business environment.
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NEWS: Due diligence, 10 July, 2020
Boohoo supply chain under scrutiny after Leicester lockdown claims
The fashion group's share price plunged amid concerns over working conditions in its UK supply chain, raising questions about transparency and due diligence.
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NEWS: Board composition, 8 July, 2020
Axa introduces 33% gender diversity target for investee companies
Policy will apply to the developed world, with firms in emerging markets challenged to have at least one female director, or 10% of places on larger boards.
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NEWS: Audit reform, 6 July, 2020
FRC issues principles for separation of audit from other services
The UK financial watchdog has announced that the operational separation of audit must take place by the end of June 2024.
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NEWS: Governance reform, 3 July, 2020
Companies Act duties ‘need testing in the courts’ to improve governance
Sections 171 and 172 can support the shift to stakeholder capitalism, says Professor Bob Garratt—but only if they are taken seriously and enforced.
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COMMENT: Stakeholder debate, 3 July, 2020
What’s a company for? An answer from Ancient Greece
An imagined dialogue between Milton Friedman, the economist who has come to represent the shareholder primacy world view, and Socrates.
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INSIGHT: Corporate strategy, 2 July, 2020
The PEP framework: how business can harness the power of purpose
By tapping into corporate purpose and individual management style, PEP fosters outcomes that benefit all stakeholders in a corporate ecosystem.
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NEWS: Reform, 1 July, 2020
Governance centre aims to rebuild ‘professional legitimacy’ of directors
The future of AGMs, corporate purpose and stakeholder primacy were some of the topics covered at the inaugural event by the Centre for Corporate Governance.
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Research, 29 June, 2020
Institute of Directors launches new corporate governance centre
The independent body will examine issues such as artificial intelligence, stakeholder governance and sustainability, as well as post-pandemic recovery.
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Executive remuneration, 26 June, 2020
Top US CEO pay falls 53% as pandemic and investor pressure continues
CEOs of the 50 largest US companies saw their compensation cut from $4.73bn to $2.24bn in 2019, with Covid-19 adding further pressure this year.