Board duties should go ‘beyond their traditional role of representing shareholders’ interests’, writes a group of 15 academics.
The deputy prime minister seeks ‘flexible’ and ‘frictionless’ deals in cases where there are no security concerns.
Government legislative agenda sees FRC reduce governance code revisions, but declaration on controls survives the cull.
Long-awaited legislation to create a new audit and governance watchdog may not see light until after the election, says news report.
MEPs have voted through the EU Corporate Sustainability Due Diligence Directive, which is likely to be amended by ‘trilogue’ negotiations.
Avoid virtual-only annual general meetings: although pragmatic in an emergency, they water down shareholders’ rights.
Virtual-only AGMs can damage shareholders’ rights and reduce accountability, according to the International Corporate Governance Network.
A letter to the European Union asks that definitions in the coming directive are consistent with guidelines from the UN and OECD.
Asset managers want the ISSB to include proposals for companies to report their impact on the environment.
While directors will face sanctions for inadequate company reporting and audit committee duties, other key reforms have been watered down.