Governance
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.