Governance
Good Governance Report, 18 October, 2017
Governance concerns the whole organisation, not just the board
The 2017 Good Governance Report paints a positive picture of the quality of boardroom decisions in our largest organisations, but the focus must now turn to ensuring that the writ of the board is driven down through the organisation.
Stakeholder engagement, 18 October, 2017
FTSE350 governance compliance rises, while stakeholder engagement low
FTSE350 companies are following the UK Corporate Governance Code, but details about stakeholder engagement and other governance areas are sketchy, finds Grant Thornton.
RBS compensation scheme, 17 October, 2017
MPs slam RBS chief for ‘extraordinary outburst’ against business owners
Parliamentary banking group heavily criticises RBS chief executive Ross McEwan for what it describes as “offensive comments” relating to owners of distressed businesses.
Governance ranking, 10 October, 2017
Diageo tops rankings in IoD’s good governance report
The Institute of Directors’ annual ranking of listed UK companies for their good governance sees distiller lead the way.
AGMs, 6 October, 2017
Advisors turn against James Murdoch as Sky chairman
James Murdoch’s independence as chairman of Sky is questioned by shareholder advisors.
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.