Governance
NEWS: Diversity, 22 September, 2022
Diversity statements are not all ‘cheap talk’, finds study
After the murder of George Floyd, many US companies committed to increasing diversity—and some have backed up their words with action.
NEWS: Regulation, 21 September, 2022
Fresh detail for reforming Section 172
Push continues to reform company directors’ duties so that they embrace a wider circle of stakeholders.
INSIGHT: Board behaviour, 20 September, 2022
Why do narcissistic CEOs promise and fail?
A new study reveals that narcissistic chief executives tend to announce more share repurchases, yet not follow this course of action through.
NEWS: Governance, 14 September, 2022
Board veto of shareholder AGM resolution under scrutiny
Lawyers challenge boards blocking shareholder resolutions
NEWS: ESG, 13 September, 2022
BlackRock defends its ESG position
The fund manager has responded to accusations from the attorney generals of 18 US states, who say BlackRock is not ‘neutral’ about energy.
NEWS: Ethics, 9 September, 2022
Ethics, ‘shareholder wealth’ and Twitter drove companies to quit Russia
Cutting ties with Russia after social media boycott campaigns was ‘woke-wash’ for some companies, research suggests.
NEWS: Legal and regulatory, 8 September, 2022
FRC publishes 2022 review of stewardship reporting
The review reveals that signatories have doubled since 2021 and the quality of reporting has improved in many areas, including engagement.
NEWS: Due diligence, 7 September, 2022
Campaigners protest against EU due diligence proposals
Objectors say the directive on corporate sustainability and human rights falls short, while companies criticise the demands it makes.
NEWS: Net zero pledges, 5 September, 2022
Companies fail to credibly commit to net zero pledges
Corporate governance needs a booster of ‘green pill’ obligations to hold organisations to account over their promises, write academics.
COMMENT: Whistleblowing, 2 September, 2022
The Secret NED: whistleblowing and the board
Formal whistleblowing means trouble, not only for the obvious reason, but because it shows the organisation failed to address valid concerns.