Tag: corporate governance
Japan’s wave of governance reform is welcomed, and isn’t over yet
Abenomics—or “Japan’s Revitalisation Strategy”—is awakening the concept of investor stewardship and focusing the minds of Japan’s corporate elite on how to improve governance standards.
UK listings rules for sovereign companies to change
UK regulator clears the way for sovereign companies to list on the London Stock Exchange.
Shareholder body advises against reappointment of Coca-Cola HBC chair
Shareholder advisory group PIRC says the drinks company’s current chairman can not be considered independent.
Commonwealth Bank faces record fine over money laundering failings
Australia’s largest bank receives AU$700m fine for failings on money laundering regulation, thought to be the biggest civil penalty ever imposed in Australia.
More powers for FRC receives scant support from company secretaries
A survey of company secretaries reveals that fewer than a third back the prospect of more powers for the UK’s audit and governance regulator.
Corporate and pension schemes must report climate change risk
Large companies and pension schemes must report climate change risk under current law and regulation, or face new legislation, warns the Environmental Audit Committee.
Cybersecurity is a key corporate governance concern
The security of a company’s data is no longer an IT issue but a key concern for corporate governance, writes Fiona Reynolds of the UN Principles for Responsible Investment.
Remcos must be reformed to reign in executive pay
If executive pay is to be brought under control, a different approach will be needed for remuneration committees and strategic planning.
OECD publishes guidance on responsible business due diligence
New guidelines have been produced on measures to be taken to ensure contracts include conditions on responsible business.
Making a difference through diversity in the boardroom
Voting is not just about boardroom composition but also the quality of organisations’ diversity policies, and that is why LGIM is putting its money where its mouth is.