News
Hostile takeover, 18 January, 2018
Investor concern as GKN rebuffs Melrose’s hostile takeover bid
Investors want a clear plan of action from GKN, as the board furiously dismisses Melrose’s offer to acquire the aerospace and engineering business.
Purpose, 17 January, 2018
Larry Fink: companies must make a ‘positive contribution’ to society
Larry Fink, chief executive of BlackRock, the world’s largest asset manager, says it will step up its engagement with boards in an effort to forge a “new model of shareholder engagement”.
Regulation, 17 January, 2018
Half of large corporates have unreported compliance breaches
A survey reveals that companies are struggling under the weight of compliance responsibilities, with more than half knowing about unreported rule breaches.
Governance, 16 January, 2018
Carillion directors face probe after company goes into liquidation
Official receiver to examine the conduct of Carillion directors past and present as it supervises the liquidation of the support services and construction company.
Climate change, 15 January, 2018
MPs ask if voluntary climate-risk reporting recommendations are enough
A inquiry by UK MPs into green finance initiatives will also ask whether climate-change-risk disclosure recommendations from a G20 task force will work as a voluntary process.
Technology, 12 January, 2018
Ethics institute reveals principles for safe use of AI
The use of artificial intelligence has caused concern, but the Institute for Business Ethics has published a framework for the ethical use of the new technology in the hope of minimising risk.
Business transformation, 10 January, 2018
Dixons Carphone CFO to join M&S as retailer steps up transformation plan
Humphrey Singer is to bring his digital know-how and transformation experience to Marks & Spencer, as the retailer looks to reduce its reliance on physical stores.
Remuneration, 10 January, 2018
Persimmon CEO defends bumper bonus scheme
Persimmon chief executive offers defence of bonus scheme that caused resignation of both chairman and remuneration committee chairman.
Employment tribunals, 10 January, 2018
AA ‘astonished’ at former exec chairman’s wrongful dismissal claim
Former executive chairman Bob Mackenzie brings a wrongful dismissal claim against the AA, following his gross misconduct dismissal last year—a move that has dumbfounded the organisation.
Remuneration, 5 January, 2018
Fat Cat Thursday renews pressure over executive pay
High Pay Centre’s Fat Cat Thursday reveals that FTSE 100 CEOs can earn in three days what the average employee is paid in a year.