Tag: corporate governance
News round-up: this week in governance
FTSE removes four Russian firms; LGIM warns on diversity; EU wants more women directors; and audit committees’ climate concerns.
Amazon shareholders call for tax transparency
Investors want Amazon to use the Global Reporting Initiative’s Tax Standard to disclose its tax arrangements.
Internal auditors sound alarm over corporate culture
Two-thirds of internal audit chiefs support attempts to strengthen directors’ duties to “promote, monitor and assess” corporate culture.
News round-up: this week in governance
Investors will be “assertive” in 2022; Carl Icahn fights for animal rights at McDonald’s; and childhoods spent in nature make greener CEOs.
EU publishes proposals for human rights due diligence law
The proposals require company directors to take into account human rights, climate change and sustainability in their decision-making.
Research reveals Silicon Valley’s growing appetite for dual-class shares
US tech companies are less likely than S&P 100 firms to have dual CEO-chairs, but they continue to push ahead on dual-class shares.
Rio Tinto report reveals culture of sexual harassment, bullying and racism
Over a third of young female workers have been sexually harassed, with bullying “systemic” and racism “normalised” in some parts of the firm.
Senator Marco Rubio calls for workers to sit on US boards
The proposal is expected as part of a bill by Republicans Rubio and congressman Jim Banks to create “employee involvement organisations”.
GE whizz: Jack Welch’s focus on corporate culture was ahead of his time
To judge GE only on its recent performance is to vastly underrate its achievements—in particular, its strong, consistent corporate culture.
Stakeholder capitalism ‘won’t work’—but investors need to do more
London Business School/Investor Forum report backs the shareholder model, but urges investors to take responsibility for stakeholder issues.