Is ESG reporting good for your reputation?
Institutional investor demand is driving the agenda for corporate reporting. No longer is it sufficient to boast of sufficient profit to increase shareholder dividend, regulators now want you to [...]
Governance: culture & conflict in 2020
The Financial Conduct Authority (FCA) is to investigate whether the advice provided by Independent Financial Advisors (IFAs) really is truly independent and in the customer’s best interest. There [...]
Is stewardship going in the right direction?
Last week the FRC published its annual review of the Corporate Governance code. It found many companies failing to do more than pay lip service to the guidelines of the new Stewardship code. What [...]
Director liability and governance risk – Saatchi
Earlier this year both Carillion and Thomas Cook spectacularly collapsed when it became clear that their respective boards failed to spot financial warning signs. Both the Corporate and [...]
Raising the bar – but how high?
The new Risk Coalition guidance clearly sets out the duties of a risk committee, composed of Non-Executive Directors. It has eight principles as an advisory body however, as principle one notes [...]
Shark practice – A tool for measuring board effectiveness:
‘A relationship is like a shark, when it is not moving forward it is dead…what we have here is a dead shark’ said Woody Allen in Annie Hall. It follows that a corporate board is also like a shark [...]
Can fines change culture?
The UK water company Southern Water has accepted a fine of £126M from the water regulator Ofwat for deliberately misreporting its sewage treatment and waste water discharges. The Environment [...]
Activism is a wake-up call for your board
Shareholder activism is on the rise and according to Lazards more investors are using activism as a tactic putting increasing pressure on boards to defend their strategy in the face of calls [...]
The impact of activist shareholders
Some people invest in a company because they trust the leadership to deliver shareholder value, due to track record and board composition. Some people invest in company because they like the [...]
