Tag: Bobby Reddy
News round-up: this week in governance
High fliers still love a corporate jet; FCA raises dual-class shares quandary; global stats on ESG strategy; ‘superstar’ CEOs.
Losing approval rule ‘risks disenfranchising public shareholders’
Reforms to relax dual-class share rules will make it even more important to retain a ‘buttress’ of shareholder approval, writes academic.
Dual-class shares have become ‘dual-class stock lite’
A consultation is under way on dual-class share rules after changes in 2021 ‘unlikely to move the needle’ on attracting new listings to London.
Call to reform ‘comply-or-explain’ element of governance
Academics propose that—if refined—the governance principle and the UK’s code will still be fit for purpose.
Could dual-class shares resuscitate the London Stock Exchange?
US evidence has shown that dual-class firms outperform their one share, one vote brethren. London needs to take a more global view.
UK stewardship code ‘has not changed the nature of investor engagement’
Academic says the revised code requires “mandatory legal or regulatory impositions” if it is to remain relevant.