Tag: shareholders
BP and Shell windfall tax row reveals lack of progress on purpose
Claim that windfall tax would hurt clean energy investment shows the change in mentality towards purposeful business isn’t taking root.
Climate risk and supply chains revealed as AGM hot topics for 2022
A recent webinar hosted by Diligent and Board Agenda saw experts unpick the big issues on the agenda at shareholder meetings this year.
Companies cut emissions after earnings calls that mention climate
Research shows link between earnings calls that discuss climate and a subsequent reduction in the firm’s carbon emissions—and its stock price.
Stakeholder capitalism ‘won’t work’—but investors need to do more
London Business School/Investor Forum report backs the shareholder model, but urges investors to take responsibility for stakeholder issues.
Anglo-Saxon CEOs ‘increase a firm’s risk profile through their decisions’
Swiss research reveals Anglo-Saxon boards and CEOs are more likely to increase debt, reduce dividend payments and embark on M&As.
TUC urges change to company law that prioritises shareholders
New report says the balance of company interests has swung too far towards shareholders and “away from working people who create the wealth”.
Elliott Advisors calls for restructuring of the SSE board
The hedge fund has questioned the adequacy of SSE’s corporate governance and criticised the board’s “notable lack of renewables expertise”.
Investor activism set to enter ‘golden age’ as firms emerge from pandemic
Consultancy Alvarez & Marsal says 2022 will see a 10% boost in activism across Europe, with 148 companies at risk of targeting by activists.
Good ESG ratings make firms more attractive to long-term investors
Study shows that companies with verified ESG ratings attract “financially sophisticated” investors with “long-term orientation”.
CEO pay falls by 9%—but LGIM issues warning over engagement
PwC report shows executive pay has fallen; but LGIM says investor feedback on remuneration is being ignored.