January 24, 2012, at 9:03 am
One of the suggestions made by Vince Cable when answering his parliamentary question in the House of Commons yesterday in relation to his proposals to address executive pay, was that the remuneration report may be subject to a higher support threshold than currently. This has some echoes of Australia’s …… continue reading >>
July 1, 2011, at 7:17 pm
An analysis by Manifest of voting trends on the remuneration report since its introduction in 2003 has revealed the FTSE 100 companies with the greatest level of shareholder dissatisfaction, on average, over the period.
The list includes some companies where there has been one very large dissenting vote, but the more interesting …… continue reading >>
December 17, 2010, at 3:55 pm
One of the questions faced by investors when considering say on pay votes is whether the payout is appropriate. While salary may be easily compared against peers, assessing how appropriate the bonus is may not be so straightforward. To try to get a clearer perspective on such a hot topic, Manifest teamed up with Swiss research organisation, …… continue reading >>
August 18, 2010, at 10:36 am
Just what is the most appropriate level of executive pay and what is the best approach to aligning interests between executives and shareholders? This little gem of an extract comes from a submission to Australia’s Productivity Commission made in 2009 by Ian Crichton of CRA Plan Managers, a remuneration consultant, may provide …… continue reading >>
June 18, 2010, at 7:23 pm
The activist shareholder Guy Wyser-Pratte has challenged the outcome of the AGM of Lagardère, held on 27 April, and requested the French market regulator, the AMF, to verify the procedures for the transmission of the votes submitted to the meeting.
In a letter dated 8 June 2010, Wyser-Pratte states that he has …… continue reading >>
June 11, 2010, at 5:05 pm
New research from Manifest’s US partner ProxyGovernance Inc reveals just how rapidly support is growing for E&S votes at US companies. For the first time, E&S resolutions have represented the largest portion of shareholder proposals. Although the number of resolutions has remained below 200, those resolutions with more than 30% support have seen …… continue reading >>
May 28, 2010, at 1:53 pm
Changes to SEC disclosure rules effective Feb. 28, 2010 require US listed companies to disclose the results of their meetings within four business days. This means that we are able to provide an overview of the season in a more-timely manner. PGI has put together a summary of the results for some of the …… continue reading >>
May 16, 2010, at 7:41 pm
While the AGM season is now mostly behind us as far as the biggest European blue chips are concerned, it’s now the turn of the mid-caps to face their shareholders. A quick review of the data so far shows that overall turnout, based on 74 of the top 100 UK meetings is holding steady at …… continue reading >>
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