Tag: UK Corporate Governance Code
Investor urges boards to embrace worker representation set out by new code
Hermes chief executive Saker Nusseibeh is pleased the new UK Corporate Governance Code sets out a number of paths that boards can follow to improve worker representation.
UK companies face increase in investor activism
UK companies are much more likely to face investor activism than their European counterparts, according to Alvarez & Marsal.
Financial Reporting Council to face ‘competency inquiry’ by government
The Financial Reporting Council faces a government-backed independent inquiry into its operations, as revealed during the Carillion investigation.
Time for a governance rethink: enforced compliance or not?
Have current codes of practice significantly improved corporate governance around the world? If not, then it may be time to review the case for enforced compliance.
Norway’s sovereign fund rejects broader role for remuneration committees
Norges Bank Investment Management says a division of responsibilities means remuneration committees should not be overseeing company-wide pay.
IoD seeks greater role for remcos over share buybacks
Remuneration committees should have responsibility for reporting on what happens to executive pay following a share buyback, according to the Institute of Directors (IoD).
The Secret NED: time for the governance code to find its direction
A new corporate governance code is all well and good, but will it be an improvement on the last? Only if it asks the right questions.
Could a revised governance code offer broader scope?
A revision of the UK’s Corporate Governance Code is out for consultation. Will it bring a halt to corporate scandal, and does it promise a bigger, broader objective?
A very strategic engagement: stakeholders and long-term value
Attending to the needs of all stakeholders will make an enterprise more successful in the long term, but it’s up to boards to engage with them in a fair and open way.
Evolving a corporate governance code that is fit for purpose
The UK’s Financial Reporting Council has published proposals for a streamlined governance code, while research from Mazars, in association with ecoDa, finds compliance with the existing framework to be variable.