News
NEWS: Corporate governance, 14 October, 2021
US senator Marco Rubio: ‘woke corporations’ could breach fiduciary duty
Rubio has proposed new legislation allowing shareholders to bring legal action against directors over “political conflicts of interest”.
NEWS: Report, 13 October, 2021
Gen Z investors’ focus on ethics and ESG poses a challenge for boards
EQ poll reveals 18% of all UK/US retail shareholders are Generation Z—and 80% of them factor ESG issues into their financial decision-making.
NEWS: Leadership, 12 October, 2021
Companies with narcissistic CEOs have lower share prices but better governance
Almost one in five US CEOs in a Stanford University survey is considered a narcissist by fellow directors. But this may not be bad news.
NEWS: Research, 12 October, 2021
Firms with a strong CSR record are more likely to survive a crisis
Academics identify link between CSR and survival, showing that companies where CSR is a priority were less likely to delist in the pandemic.
NEWS: Research, 8 October, 2021
Boards have intensified their attention on employee well-being, survey reveals
Board transformation survey also confirms the increased importance of resilience and digital transformation to boardroom discussions.
NEWS: Legislation, 6 October, 2021
New Zealand parliament to debate reform to directors’ duties
MPs in Wellington will examine a bill that would allow New Zealand’s directors to consider ESG issues as part of their company obligations.
NEWS: Regulation, 5 October, 2021
Campaigners urge FRC to name and shame failing audits
Transparency groups including Greenpeace UK say failing to disclose the audits involved “risks creating a general lack of confidence in all audit opinions”.
NEWS: Research, 4 October, 2021
BLM protests see investors back boards with black directors
The recruitment of black directors and the discussion of diversity in company documents both increased following the death of George Floyd.
NEWS: White paper, 2 October, 2021
Boards ‘face data challenge’ as digital tools transform governance
Directors must learn how to harness and analyse the vast quantities of data that are being created and collected by organisations.
NEWS: Sustainability, 2 October, 2021
Climate disclosures ‘unlikely to drive a green transition’
Academics say climate reporting is likely to be less effective than direct regulatory interventions such as taxation or emissions trading.