News
IT governance, 11 December, 2017
Boards must improve tech knowledge as “adaptation is critical” for future
Boards must step up technology and innovation knowledge to govern their business, while the CFO must develop their role in IT risk management, says accounting body ACCA.
M&A, 11 December, 2017
Akzo’s merger talks with Axalta provoke shareholder fury
Shareholder body writes to AkzoNobel, the Dulux paint maker, complaining that the company is looking at a fresh merger proposal after publicly stating it would “go it alone”.
Governance code, 11 December, 2017
One-fifth of FTSE 100 chairs could be affected by nine-year tenure rule
New provisions defining “independence” for non-executive directors in a revised corporate governance code could affect one-fifth of FTSE 100 chairs.
Climate change, 8 December, 2017
French investors tackle reporting on ESG with Article 173
Analysis reveals that two-thirds of the top 100 in France have reported under the new Article 173 requirements, while 31 lag behind.
Corporate governance Holland, 8 December, 2017
Dutch shareholders oppose inclusion of governance in accountants’ role
Shareholders say accountants are not qualified to examine the “broad terrain” of corporate governance compliance.
Code revision, 6 December, 2017
Revised UK Corporate Governance Code meets with broad welcome
Proposed new governance code broadly welcomed for emphasis on corporate culture and strengthening shareholders’ and workers’ voices, but there is a call for more to be done on executive pay.
Code revision, 5 December, 2017
UK’s new governance code targets corporate culture, wider society and pay
The proposed new corporate governance code is shorter and focuses on company culture, extending boardroom responsibility beyond shareholders and ensuring companies work for long-term sustainability.
Revised remuneration policy, 5 December, 2017
Remuneration committees’ remit broadened under revised UK Code
Aligning wider workforce pay in relation to executive remuneration should be tasked to non-executives under a revised Corporate Governance Code, suggests the Financial Reporting Council.
Board Essentials: Risk management, 4 December, 2017
Ten simple ways boards can manage their risks better
Follow these ten tips on risk management and you’ll be well on your way to preventing corporate disaster.
Board appointments, 4 December, 2017
Rio Tinto appoints Simon Thompson as chairman
Mining giant Rio Tinto selects non-executive director Simon Thompson to take over from long-standing chairman Jan du Plessis.