Governance
NEWS: Regulation, 12 July, 2021
Directors’ duties: more enforcement needed to drive action on climate
Directors have a “fiduciary duty” to consider climate change risks, say experts—but legal action is unlikely unless enforcement is beefed up.
NEWS: Legislation, 7 July, 2021
Calls grow for tougher rules on human rights in supply chains
The Corporate Justice Coalition says the UK cannot be viewed as a leader on human rights based upon the current Modern Slavery Act.
NEWS: Regulation, 6 July, 2021
Audit reform consultation set to close as dissenting voices emerge
Lack of ownership reform and plans to extend the definition of “public interest entity” have drawn criticism from prominent figures.
NEWS: Research, 5 July, 2021
Good governance boosts companies’ CSR performance
Study concludes that “corporate board reforms… appear to have a positive spillover for non-financial stakeholders”.
NEWS: Shareholders, 2 July, 2021
Boardroom pay revolts are on the rise as investors seek restraint
Analysis by Board Agenda reveals that pay revolts in the first half of 2021 are up on the same period last year by 51%.
NEWS: Remuneration, 1 July, 2021
Executive remuneration models ‘do not describe how pay is actually set’
Researchers have interviewed non-executive directors and investors to highlight the hidden factors involved in CEO pay decisions.
NEWS: Strategy, 30 June, 2021
OECD warns that Covid-19 requires a governance response
Corporate governance will play a “crucial role” in supporting the recovery of economies after Covid, according to OECD chief Mathias Cormann.
NEWS: Consultation, 28 June, 2021
ACGA urges overhaul of Hong Kong corporate governance
Asian Corporate Governance Association criticises Hong Kong’s “soft-touch approach” and calls for gender quotas and fixed terms for non-execs.
INSIGHT: Governance, 28 June, 2021
The regulator’s dilemma: finding a balance between trust and compliance
Organisations of all types can be divided on their mission, vision and strategy. A combination of compliance and stewardship is the solution.
COMMENT: Governance, 25 June, 2021
Workforce voice in corporate governance: where are we now?
FRC research into implementation of requirements on workforce engagement shows that progress has been patchy.