Tag: Institute of Directors

Threat to stakeholder governance from Twitter sale ‘overstated’
Academics and experts argue stakeholder governance will always come second while the law puts the interests of shareholders first.

News round-up: this week in governance
FRC awaits powers for audit reform; CEO transferable skills ‘myth’; Asos cuts CEO bonus; compliance can stifle innovation.

Fresh detail for reforming Section 172
Push continues to reform company directors’ duties so that they embrace a wider circle of stakeholders.

The UK needs a code of conduct for company directors
A formal code of conduct for company directors would signal their willingness to apply high ethical standards in governance and leadership.

IoD calls for voluntary code of conduct for board directors
Institute of Directors says a voluntary code would “articulate standards for directors” without adding to the “burden” of regulation.

News round-up: this week in governance
P&O Ferries CEO faces MPs; President Biden and NCSC warn over cyber attacks; and Institute of Directors launches diversity commission.

News round-up: this week in governance
IoD disappointed over Wates Principles adoption; Allianz demands ESG KPIs are linked to executive pay; Denise Coates takes a pay cut.

Boards need dedicated ESG committees ‘as part of company strategy’
Report for the Institute of Directors says boards need to integrate ESG into strategy and operations as a response to climate concerns.

Institute of Directors rejects Boris Johnson’s comments on home working
“It is not for government to second guess what is appropriate for each business,” says the IoD, after the PM criticised remote working.

Campaign urges reform of section 172 to promote ‘purpose of the company’
John Lewis, Innocent and the Institute of Directors are backing the Better Business Act campaign to make purpose central to section 172.