Governance gets the LOLs treatment

Let it not be said that the geeky world of governance doesn’t have its lighter moments….

Compensation consultant concentration concerns

The market for US compensation consultants is looking increasingly concentrated according to new research by ProxyGovernance.

Based on data for annual meetings held between Jan. 1, 2009 and July 1, 2009, five consulting firms – Towers Perrinand Watson Wyatt (now combined as Towers Watson & Co.), Frederic W. Cook & Co., Inc. Mercer LLC and Hewitt Associates More…

Audit votes increase in US

Amendments to ‘Broker Voting Rule’ yield unexpected results

The long-awaited change to NYSE Rule 452, effective Jan. 1, 2010, reclassifying uncontested director elections as ‘non-routine’ items, thereby eliminating the discretion of brokers to vote uninstructed shares, also makes it more difficult for companies with no routine matters on the ballot to achieve a quorum. Under the new More…

Notable shareholder resolutions

While shareholder resolutions and countermotions are still relatively rare in Europe, they are a core feature of the US market. Here Allie Monaco of ProxyGovernance has highlighted some of February and March’s more interesting proposals.

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Global investors own 42% of UK shares

Despite tumbling stock market valuations the impact of overseas shareholders in the UK stock market is greater than ever. This could have far reaching implications for the UK government’s attempt to beef up corporate governance.

According to figures released this week by the Office of National Statistics, non resident shareholders now account for 41.5% of UK listed shares, More…