Tag: stewardship
Measures to protect stakeholders in insolvent firms proposed
Measures to reduce the risk of major company failure through poor governance or stewardship, and to strengthen the responsibilities of directors of firms in or approaching insolvency, have been proposed by the UK government.
Asset owners should ‘enforce’ ongoing investor engagement
Stewardship requires more active investor engagement enforced by asset owners to achieve best long-term returns, argues respected academic Professor Alex Edmans.
UK directors and shareholders face tougher post-insolvency regulation
The UK’s business department wants stronger investigative powers and punishments against directors post-insolvency, while setting a path for more active and responsible shareholder stewardship.
The promises and limitations of institutional investors
Policymakers believe that investment institutions can be persuaded to take a greater role in corporate governance. But do they really possess the willingness and capacity to embrace their stewardship role?
Larry Fink: companies must make a ‘positive contribution’ to society
Larry Fink, chief executive of BlackRock, the world’s largest asset manager, says it will step up its engagement with boards in an effort to forge a “new model of shareholder engagement”.
World’s largest pension fund GPIF to allocate more to ESG
The Government Pension Investment Fund of Japan (GPIF) is to hike environmental, social and governance (ESG) investment allocation from 3% to 10%.
Legal and regulatory roundup: Asia
Legal and regulatory roundup from the Far East: new stewardship code in India, Hong Kong money-laundering measures, Singapore reviews governance code, China beefs up anti-corruption laws.
The overstretched non-exec and balancing a portfolio
Holding more than three or four positions may mean non-executives “simply don’t have the time to deal with the stewarding responsibilities of their job.”
Investor stewardship: society ‘demanding more’ of asset owners
A report from the Investor Forum predicts that stewardship will go through a “comprehensive review” in 2017.
The trust gap and diversity
Tackling questions of diversity may be hard, but Raj Tulsiani argues that it’s essential for companies if they want to be relevant in the future.