Board of advertising agency WPP appoints independent counsel to investigate alleged misconduct by founder and CEO Sir Martin Sorrell.

Policymakers believe that investment institutions can be persuaded to take a greater role in corporate governance. But do they really possess the willingness and capacity to embrace their stewardship role?

Dutch banking group ING has withdrawn plans to give its chief executive a 50% pay rise because of opposition from customers, employees and other stakeholders.

Persimmon executives agree to take bonus cuts, following widespread criticism of its tens-of-million-pound payouts lined up from its non-capped 2012 long-term incentive scheme.

While executive pay may be perceived by many to be about scale, new research finds that less may well be more; indeed, the best-performing companies have been found to pay their CEOs relatively less than others.