Tag: IoD
IoD seeks greater role for remcos over share buybacks
Remuneration committees should have responsibility for reporting on what happens to executive pay following a share buyback, according to the Institute of Directors (IoD).
Carillion directors face probe after company goes into liquidation
Official receiver to examine the conduct of Carillion directors past and present as it supervises the liquidation of the support services and construction company.
Publishing pay ratios is ‘crude’, but are a ‘step in the right direction’
Business groups are largely in favour of the government’s planned law to publish pay ratios, but the TUC describes the ‘tick-box’ approach as ‘feeble’.
Tories commit to greater employee involvement in governance
Conservative Party manifesto sees Theresa May commit to employee involvement in the running of their companies, annual votes on executive pay and the publication of pay ratios.
Labour targets executive pay and plans expanded duty of care
Labour’s manifesto includes measures on curbing excessive executive pay, but there are concerns about the level of proposed state intervention.
Remco chairmen should resign over shareholder revolts
Investors call for remuneration committee chairmen to step down if pay policies fail to win backing of 75% of shareholders.
Catch-up: RBS, FTSE 350 pay, Tata, ESG under Trump
The Christmas period saw governance developments on RBS, FTSE 350 executive pay, Tata Sons and commitment to ESG policies by the CEO of Bank of America.
GSK praised for appointing female CEO
Directors’ body singles out GlaxoSmithKline for enhancing gender diversity of FTSE 100 with CEO appointment.
BHS fiasco prompts better private company governance
The scandal at BHS has caused demands for better governance in privately owned companies. Do they need a new code, or are the right tools already available?
Tesco comes bottom of governance index
Annual index reveals that the retailing giant is trailing the rest of the FTSE100 when it comes to governance, while audit and risk (external accountability) emerge as the most important factors in measuring governance performance.