Finance
NEWS: Governance, 30 November, 2023
Proxy adviser warns LSE over governance
Abolishing the public register of shareholder revolts ‘won’t stop capital providers exercising their democratic rights’, letter states.
NEWS: Severance pay, 15 November, 2023
‘Golden parachute’ concerns take flight in the US
The number of shareholder proposals calling for a vote on severance packages has skyrocketed, finds proxy adviser ISS.
NEWS: Acquisition law, 15 November, 2023
UK government to review corporate takeover security law
The deputy prime minister seeks ‘flexible’ and ‘frictionless’ deals in cases where there are no security concerns.
COMMENT: Audit reform, 7 November, 2023
Audit reform is essential to restore faith in the UK
When it comes to understanding what attracts investors to a capital market, the London Stock Exchange has got it wrong.
NEWS: Audit reform, 6 November, 2023
Big Four firm in late plea for audit reform
Further delay ‘will not achieve the aim of restoring trust in audit and corporate governance’, says Deloitte managing partner.
NEWS: Low pay, 2 November, 2023
UN challenges CEOs for paying ‘poverty wages’
United Nations’ expert on extreme poverty names and shames profitable US giants Amazon, Walmart and DoorDash.
NEWS: Governance, 24 October, 2023
Reversal on audit reform makes ‘little sense’
Investors react to the government’s U-turn on proposed measures prompted by the collapse of Carillion in 2018.
NEWS: Audit fines, 13 October, 2023
Record fine for KPMG over Carillion audit
In all, the auditing giant has now been fined £30m for its failures at Carillion, reduced to £21.5m for co-operation.
NEWS: Mergers and acquisitions, 10 October, 2023
M&As are damaged by ‘ESG amnesia’ in the US
Researchers find ESG policies get conveniently forgotten when the stakes are high, citing the sale of Twitter as a case in point.
INSIGHT: Crypto v cash, 9 October, 2023
Beware of cryptocurrencies
Cryptocurrencies promised a freer marketplace but bring unforeseen exposure to economic, technological and security concerns.