Tag: board tenure
Audit committees ‘lose independence’ the longer they serve
Study finds committees in troubled firms have fewer female members, more outside directorships, greater shareholdings and longer tenures.
ACGA urges overhaul of Hong Kong corporate governance
Asian Corporate Governance Association criticises Hong Kong’s “soft-touch approach” and calls for gender quotas and fixed terms for non-execs.
FRC: many firms ‘not transparent about their compliance with UK code’
Issues identified include difficulties in describing how stakeholder interests are considered and failure to limit the tenure of board chairs.
Dame Alison Carnwath: ‘We’d all rather look into somebody’s eyes’
Our latest podcast features City grandee Dame Alison Carnwath on limits to non-executive tenure and the challenges of remote recruitment.
Poor mental health ‘associated with greater CEO turnover’
A study in Sweden looked at the health records of 25,000 CEOs to explore the role of mental and physical well-being on tenure, governance and policies.
CEO pay and director re-elections named top issues for shareholder dissent
The most common causes of shareholder rebellions in 2019 were pay packages and director re-elections, with climate inaction another growing concern for investors.
Lack of turnover slows progress for women on US boards
Long tenure for non-executive directors is one of the obstacles to increasing diversity in the Russell 3000 and the S&P 500.
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.