Tag: investment
Major investors ditch Sports Direct holdings as governance concerns continue
As Standard Life and Aviva drastically reduce their holdings in Sports Direct, the retailer prepares to face investors at its AGM in a month’s time.
S&P bars companies from indices over voting rights concern
The US index will exclude new IPOs from their indices, where companies fail to offer investors voting rights. The move follows FTSE Russell’s decision to limit access after the controversial Snap IPO.
Global M&A deals holding firm, EY figures show
While values may be down slightly, the volume of global M&A deals is modestly up for the first half of 2017.
Poll shows Japanese boards hesitate to increase shareholder returns
A Reuters Corporate Survey reveals that under a third of Japanese boards plan to boost shareholder returns this year, despite record-high cash balances and a major slowdown in share buybacks.
Investors need carbon exposure stress-test, says think-tank
Think-tank concludes that financial firms need to be examined for overexposure to carbon-related assets as part of governance reforms in sustainable finance.
Sustainable Finance report: implications for investors and directors
Reform of the financial system towards a sustainable economy has been detailed in an EU report, whose recommendations—which draw upon corporate governance reform—impact upon fiduciary duties in varying degrees.
A partner for society: Alice Steenland
Alice Steenland, AXA’s chief corporate responsibility officer, explains why responsible business matters and why the insurer aims to “empower people to live better lives”.
Chinese firms see corporate governance improvements, survey shows
A survey of Asian executives shows significant improvements in China’s corporate governance standards, including better transparency.
Simplifications for Prospectus Regulation proposed
The European Securities and Markets Authority has published consultation papers on Prospectus Regulation, which aim to make it easier and cheaper for companies to access capital.
Deadline looms for implementation of new EU financial directives
EU member states have until 3 July to implement two new directives on financial instruments before they come into effect in January 2018, which will impact on firms and board members.