Tag: corporate governance
MPs call for ban on state aid for firms using tax havens
UK politicians have urged the chancellor to exclude businesses using tax havens from state aid, with a moratorium on dividends and curbs on CEO pay.
Social factors ‘now key to good corporate governance’ says ICGN
The Covid-19 pandemic has highlighted social failures and “deep” inequality which must be addressed by business, warns the global governance body.
FRC warns firms to be candid about prospects of corporate failure
Watchdog says investors expect companies “to articulate their expectations of the possible impacts on their specific business” amid Covid-19 crisis.
Regulators must grant boards flexibility during Covid-19 crisis
The Institute of Directors would like to see urgent temporary measures implemented relating to board decision-making, company reporting and AGMs.
Covid-19 is a new systemic risk. What are the implications for governance?
A long-term perspective—and a grounding in ethics and values more generally—should guide both investor and board responses.
FRC chief indicates support for a UK version of Sarbanes-Oxley
Sir Jon Thompson says a UK regime similar to Sarbanes-Oxley would raise governance standards and improve risk management and accountability.
LGIM to vote against combined CEO/chair roles worldwide
Asset manager says separated roles provide “a better balance of authority and responsibility”, which aligns with the long-term interests of investors.
EcoDa: Stakeholder model should not turn boards into “bargaining bodies”
Putting competing shareholder and stakeholder interests on an equal footing risks hampering board decision-making, says ecoDa report.
New UK regulator should be freed to focus on audit
There are fears that the Audit, Reporting and Governance Authority (ARGA) will foster a formulaic and legalistic interpretation of the UK Corporate Governance Code.
Why stakeholder capitalism is dominating the global business agenda
The World Economic Forum event at Davos has embraced the debate over stakeholder capitalism, as businesses and regulators seek to create long-term value.