Tag: corporate governance
Watchdog to review Aviva’s plan to cancel preference shares
The Financial Conduct Authority has launched a review to establish whether Aviva may have broken market abuse rules.
Will a private company governance code really duck executive pay?
James Wates has made emphatic statements on the role of executive pay in the forthcoming governance code for private companies. But what do they mean?
Code for private companies will leave out executive pay
Executive pay will be avoided in the new corporate governance code for private companies, according to the businessman leading the project.
Telecom Italia executives quit, as investor Elliott calls move ‘stalling’
A number of Vivendi-linked executives quit Telecom Italia, as rival investor Elliott Advisors describes the move as a “cynical” attempt to delay its own attempts to shake up the board.
‘Monocultures’ in financial firms lead to governance issues, says regulator
A senior figure from the Financial Conduct Authority argues that financial services firms with more women may suffer less from governance problems.
UK directors and shareholders face tougher post-insolvency regulation
The UK’s business department wants stronger investigative powers and punishments against directors post-insolvency, while setting a path for more active and responsible shareholder stewardship.
Former FDs at Carillion face probe over financial statements
Former group finance directors at Carillion are under investigation for financial statements between 2014-2017.
Regulator seeks audit market probe into Big Four domination
The chief executive of the Financial Reporting Council has begun meetings with the competition regulator to discuss a new investigation of the market for big audit contracts.
Paradigm shift: Jane Diplock, IIRC
Jane Diplock, one of the founders of integrated reporting and a committee chair at the International Integrated Reporting Council, believes we’re finally moving towards a new, more holistic era for capitalism — but it’s early days yet.
Unilever opts for single Netherlands HQ and ‘one share one vote’
Unilever announces the end of its dual-registered structure to make Netherlands its home base, in a bid to improve governance and shareholder value.