Governance
-
Audit, 5 October, 2017
Investigation into PwC’s client asset reporting at Barclays closes
Accounting's watchdog ends investigation into PwC's audit work at Barclays, deciding there is "not a realistic prospect" of an adverse finding.
-
Reputation management, 5 October, 2017
Reputation for the long term requires a change of attitude
Ensuring long-term success is about protecting reputation. But it may mean a painful adjustment from short to long-term thinking and to a more inclusive form of capitalism.
-
Uber governance, 4 October, 2017
Uber board agrees governance reforms and Japanese investment
The board of taxi firm Uber votes unanimously for governance reforms, increasing the number of independent directors and paving the way for new Japanese investment.
-
Executive pay, 3 October, 2017
Governance reform proposals ‘took the easy line’, says City grandee
Standard Life Aberdeen chairman Sir Gerry Grimstone takes aim at the government's executive pay policy, calling for "radicalism" not "incrementalism".
-
Corporate governance, 29 September, 2017
PM criticises Uber decision while lauding UK’s governance record
UK prime minister Theresa May has criticised the decision to remove Uber's licence to trade in London for corporate responsibility reasons, while on the same day calling for the highest standards of governance.
-
Telit Communications, 28 September, 2017
Telit’s governance tidy-up includes financial review and cost-cutting
Following the departure of CEO Oozi Cats, Telit seeks a new chairman and non-executives; an external review of finances; and cost-cutting, as covenant test looms.
-
Diversity, 28 September, 2017
European banking authorities urge greater diversity among managers
European financial institutions should improve the diversity of their management bodies to overcome the risk of ‘group think’ and ensure sound governance, say European banking authorities in new guidelines published this week.
-
Ethics & leadership, 27 September, 2017
Personal moral values key to ethical corporate governance
Moral values are so important for company directors they should be given equal weighting in selection procedures, while ethical competency should be a key performance indicator.
-
Corporate strategy, 26 September, 2017
New guidelines launched for stakeholder engagement
Governance experts and investors come together to publish advice on how to assess the needs of stakeholders when forming corporate strategy.
-
Recruitment, 25 September, 2017
Unconscious bias is keeping women out of senior roles
Research shows that unconscious bias—affinity bias—may lead recruiters to favour candidates who are like themselves.
-
Taxi, 22 September, 2017
Uber loses licence over ‘lack of corporate responsibility’
Transport for London removes Uber's right to trade as a taxi company in London over issues such as reporting crime, and software that could block regulatory access to its smartphone app.
-
Takeover rules, 21 September, 2017
Takeover Panel moves to protect British-based R&D with tougher rules
Regulatory body The Takeover Panel sets out plans to introduce more transparency in pledges made by parties involved in a takeover, a move flagged by the Conservatives in their 2017 manifesto.
-
Corporate governance Netherlands, 20 September, 2017
Dutch directors’ association calls for trust-based governance
The Dutch Association of Directors has urged the Dutch government to consider a new approach to corporate governance that is based on trust, to help enable "chance and change".
-
Banking, 20 September, 2017
Audit firm KPMG cleared over HBOS audit after 2007 financial crisis
Investigation into audit of HBOS by Big Four audit firm KPMG is closed after regulator finds KPMG's work "did not fall significantly short" of expected standards.
-
Corporate governance Netherlands, 18 September, 2017
Long-term value at heart of revised Dutch governance code
The revised Dutch Corporate Governance Code places importance on long-term value creation, and the development of corporate culture to promote good corporate governance.
-
Embedding corporate culture, 18 September, 2017
Corporate culture a ‘standing item’ for boards across the globe.
Many boards address culture as a regular aspect of governing their business, but key reputational issues are lower down the agenda, according to Grant Thornton.
-
Ethics and financial reporting, 14 September, 2017
Ethics must be ‘front and centre’ as non-executives check financial reports
Governance expert Guy Jubb calls on non-executives to consider ethics and culture in their "critical role" of helping produce true and fair financial reports.
-
King IV by Ansie Ramalho, 14 September, 2017
King IV on corporate governance: a product of African soil
The highly respected King reports lead global thinking on corporate governance. The most recent report drops the “apply or explain” principle for “apply and explain”—a significant change born of an effort to transform African economies.
-
Board intervention, 14 September, 2017
Corporate governance and the proactive board
When should boards take a more proactive approach to governance and strategic decision-making? Research shows that non-executives needn't wait for a crisis to intervene.
-
Gender diversity Asia, 13 September, 2017
Malaysia to disclose companies lacking female board members
Malaysian companies that lack female board directors will be named and shamed, and barred from bidding for government contracts.