Tag: Twitter

Support for dual-class shares in London grows
New listings rules could be the ‘antidote’ to short-termism in the market, according to the Chartered Governance Institute.

Musk’s pay deal meets opposition
With Tesla’s AGM imminent, proxy advisers Glass Lewis advise shareholders to reject ‘excessive’ pay package for the carmaker’s CEO.

Governance in 2023: a step into the spotlight
In 2023, governance became an issue for us all: ESG is now a loaded term, while the spectre of AI is raising everyone’s game.

News round-up: this week in governance
New FCA rules on ESG claims; psychologically safe board communications; IT and governance; how workers improve financial reporting.

‘Golden parachute’ concerns take flight in the US
The number of shareholder proposals calling for a vote on severance packages has skyrocketed, finds proxy adviser ISS.

M&As are damaged by ‘ESG amnesia’ in the US
Researchers find ESG policies get conveniently forgotten when the stakes are high, citing the sale of Twitter as a case in point.

News round-up: this week in governance
FRC sets enforcement record; examining Tesla and Twitter; Coutts and Farage; ClientEarth pursues Shell; greenwashing litigation risks.

The politics and geopolitics of controlling shareholders
Shareholders with a controlling interest influence not only financial matters but can also wield great power over policy and politics.

Threat to stakeholder governance from Twitter sale ‘overstated’
Academics and experts argue stakeholder governance will always come second while the law puts the interests of shareholders first.

Elon Musk weighs in against ISS and Glass Lewis
On Twitter, Musk complains that large proxy advisers hold ‘far too much power’ over shareholder voting decisions.