October 30, 2009, at 1:42 pm
Strewth, our antipodean friends don’t mince their words. Or very specifically, New Zealand’s Business Day blogger, Bruce Sheppard doesn’t.
As the Southern proxy season comes to a close (for our research team that is), we’ve been reflecting on the direct and blunt approach the Australian and NZ market observers have been taking. …… continue reading >>
October 30, 2009, at 1:12 pm
The FRC has published its Fourth Progress Report on the implementation of the MPG recommendations on promoting choice in the UK audit market. In October 2007, the MPG published 15 recommendations intended to allow the audit market to work more efficiently and, in the medium‐to‐long‐term, to have a positive impact on audit …… continue reading >>
October 30, 2009, at 12:40 pm
CSR Asia has announced the launch of a major new initiative to help improve Asian reporting standards. The Asian Sustainability Rating provides an in depth assessment of CSR related disclosure of 200 of the largest companies across ten countries in Asia. According to CSR Asia, this is the first Asian based analysis …… continue reading >>
October 30, 2009, at 12:28 pm
Canada’s largest financial institutions have agreed a voluntary approach to “say-on-pay” which will see a standardised, non-binding shareholder vote proposed during the 2010 season. In a sharp contrast to the US’ legislative battle to give shareholders a voice on executive pay, Canadian shareholder groups and companies have worked together to create a …… continue reading >>
October 30, 2009, at 12:27 pm
The Accounting Standards Board (ASB) published the results of its review of narrative reporting on 29 October, and its release was trailed by separate reports from PricewaterhouseCoopers (PwC) and Deloitte.
PwC “recognise that reporting is not made easy by the regulatory demands imposed on all companies today, but sadly too many reports …… continue reading >>
October 30, 2009, at 12:05 pm
The Securities and Exchange Commission (SEC) has announced a major policy reversal on shareholder resolutions which is likely to lead to an increase in ESG risk and succession planning-related proposals.
In a legal bulletin published this week, the SEC said that companies could no longer automatically exclude CEO succession planning or ESG …… continue reading >>
October 30, 2009, at 11:46 am
Although the EU Shareholder Rights Directive was meant to have been fully implemented by 3 August 2009 at the latest, Italy is only just now mulling over shareholder responses to its the second consultation which was launched on 24 July 2009 and closed on 18 September 2009.
Over 20 consultation responses have …… continue reading >>
October 27, 2009, at 3:39 pm
Manifest is pleased to announce the release of its latest publications:
The Executive Director Total Remuneration Survey
Unlike many other pay surveys, the Total Remuneration Survey takes into account the changing mix of compensation from just salary and bonus to a total mix of pay where 80% is performance related. As …… continue reading >>
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