Tag: corporate governance
News round-up: this week in governance
FRC’s record audit fines; ‘absolutist’ views on ESG; BlackRock votes for fewer E&S resolutions; climate reporting; narcissistic CEOs.
Investors influence ESG performance, study reveals
Researchers find that, among the many drivers for improving ESG, intervention by corporate investors is key.
Regulator fines KPMG £14.4m
The Financial Reporting Council’s investigation into the Big Four firm’s auditing of Carillion and Regenersis revealed serious misconduct.
Norges Bank backs mandatory US climate risk reporting
Heavyweight investor’s support boosts Securities and Exchange Commission’s controversial proposed US rules on board ESG disclosures.
Paying for sustainable performance
How do you align ESG and value? Linking incentives to ESG targets needs focus, empowerment and co-ordination, recent research finds.
Business Roundtable takes aim at SEC climate risk reporting
Among its complaints, the Business Roundtable argues that no ‘safe harbor’ in the rules will increase the risk of corporate liability.
Governance code reforms will ramp up internal controls
Watchdog ‘lays groundwork for the creation of ARGA’ with planned consultation on audit committee ‘minimum standards’.
Regulator to review impact of ESG ratings on firms
The FRC has commissioned a review to investigate how ESG ratings agencies and proxy advisers affect investment decisions.
Focus on the ‘G’ of ESG
Listening to what stakeholders define as valuable is the key to successful governance—and it will make corporate reporting much easier, too.
Why do boards fail?
We can learn from governance first principles to build better boards, which can enable organisational success and create lasting value.