Investors react to the government’s U-turn on proposed measures prompted by the collapse of Carillion in 2018.
Shareholders seek inclusive engagement, and companies can benefit from providing it, finds research from The Engagement Appeal.
UK Government Investments, the body representing the British government on the board of the Royal Bank of Scotland, could be pivotal in winning approval for a shareholder committee.
Demands for a shareholder committee at RBS have taken a further step as investor groups consider legal action.
Shareholder body calls for the introduction of formal shareholder committees to make engagement a “more professional and systematic process”.
Bank turns down request for shareholder committee in favour of engagement with employees, customers and suppliers.
Investor adviser calls for more powers for individual shareholders, new shareholder committees and CEO pay ratios going back ten years.
Shareholder body demands the London Stock Exchange’s AIM market use a governance code and regulate for “clearly independent” non-executive directors.