Say on Pay: what have the Victorians ever done for us?

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In the run up to the introduction of the UK’s remuneration regulations in 2012, the headlines and much of the political commentary suggested that shareholders were in need of extra powers to control executive pay. What the Thomas Cook vote has shown clearly, however, is that – in the UK at least – there is more than one way to make a point.… Read the rest

Governance Fact Check: Chairman Independence

The UK Governance Code 2016 & Chairmen

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In its 2016 AGM results announcement, Sky plc suggested that shareholders voted against James Murdoch because of proxy analysts rather than facts surrounding Murdoch’s appointment.

As a UK incorporated Plc, Sky’s governance arrangements fall under the remit of the UK Governance Code which is maintained by the Financial Reporting Council, the UK’s independent regulator for corporate reporting and governance.… Read the rest