Tory leadership contest; Grant Thornton fined; Norwegian insider dealing; virtual AGMs; US environmental disclosures; diversity at Amazon.

Keith Hellawell leaves Sports Direct after a tumultuous period; founder Mike Ashley hits back at media and City for backing company performance, yet “stabbing Sports Direct in the back”.

Despite vocal opposition from major shareholders leading up to Sports Direct’s AGM, Keith Hellawell is narrowly re-elected as Sports Direct chairman.

A number of major institutional shareholders, consultancies and lobbyists are against the reappointment of Sports Direct chairman Keith Hellawell, who is prepared to stand down on their say-so at the impending crunch vote.

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.

Institute of Directors’ Oliver Parry says appointing a worker representative to the board of Sports Direct is not enough to resolve the company’s governance failings.

Large institutional shareholders may consider a call to change UK listing rules to counter governance failings seen at Sports Direct.

A report from the Investor Forum predicts that stewardship will go through a “comprehensive review” in 2017.

Hedge fund manager Crispin Odey backs embattled Sports Direct CEO Mike Ashley.

Independent shareholders vote against Keith Hellawell, the sitting chairman, who survives with the vote of chief executive Mike Ashley.