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Blog : BOARD TALK

The Irony In The UK Govt's Call For Inclusion By UK plc

Posted on March 29, 2017 at 8:20 PM

There are three options, as I see it, regarding a judgement on the timing of the UK government's call on FTSE 350 CEOs to get serious about inclusion - that very politically correct word added on to 'diversity'.'Inclusion' means race, ethnicity, people of colour, actually representing the reality of Britain on the streets in its boar...

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Paying The Price On Reputation - More On #PwC

Posted on March 10, 2017 at 11:30 AM

When something goes wrong for a business - particularly a large one - it's often very easy to blame one or two individuals. Even that doesn't happen often, for those at the very top.


We still struggle with true accountability, and there are multiple places to hide. But all the talk about 'trust' and corporate governance since the financial crisis should continue to make businesses focus harder on public opinion - and reputation. It might also make them reconsider how they c...

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Oscars, Audit Firms, Accuracy And Inclusion

Posted on February 27, 2017 at 11:00 AM

Oscars, audit firms, accuracy AND inclusion: all in one place? Really. You might well wonder.


Perhaps it's just me - I tend not to think of issues in boxes -but in an inter-connected way - because that is how the world actually works. So when it rapidly emerged on Twitter that the accountancy firm PwC was responsible for the error at #Oscars2017, the first thing I thought was: "but it's an AUDIT firm - it's meant to be accurate."


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Is Integrated Reporting Becoming Mainstream ?

Posted on February 15, 2017 at 3:05 PM

The short answer to the question is - not yet - but it is certainly catching on around the world as a business choice for better demonstration of value creation. Regulation is being seen as a key driver of progress, and South Africa, the UK and Europe are leading the way in adopting the concept.


In the last few years, following increasing coverage of integrated reporting (IR) - including by me here on Forbes in late 2013:

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Partnership - An Excellent Idea In #CorpGov

Posted on December 6, 2016 at 12:05 PM

Better corporate governance across the globe is best achieved - as are most things, really - through collaboration.


So it is a bit surprising this is a 'first time' - but today in London the International Corporate Governance Network (ICGN) and the International Integrated Reporting Council (IIRC) are coming together for a two-day conference convening over 350 pe...

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Getting The Message? 87% Of Pension Funds Say Executive Pay Is Too HIgh

Posted on December 1, 2016 at 3:45 PM

It's funny - except it isn't - how the gap between what the person on the street thinks and big business does not appear to be narrowing, despite all this talk about "re-establishing trust in business."


There is a lot of talk about on executive pay, with the launch of the UK government's consultation on corporate governance.


So, listen to ...

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UK Financial Services Loses Confidence In UK Economy

Posted on November 23, 2016 at 3:50 PM

Even before that #AutumnStatement.


The financial services industry’s confidence in the UK’s economic prospects has fallen to its lowest level since 2012 according to the latest Chartered Institute for Securities & Investment (CISI) survey.


An online survey done by the CISI had some 600 respondents. Of these, 48% were less optimistic about the outlook for the UK than 10 months ago, while 32% felt more optimistic - 20% were unchanged.

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UK: Powerful Voices Speak On Pay, Employees And Stakeholders

Posted on November 7, 2016 at 9:45 AM

Quietly, amid other events grabbing the headlines, there have been some interesting developments in UK corporate governance, by way of input to the government's BEIS Select Committee inquiry into corporate governance.


Both the independent regulator, the Financial Reporting Counc...

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FTSE350 Disclosure On Pension Obligations 'Inadequate To Assess Risk'

Posted on November 1, 2016 at 1:30 PM

Accounting disclosures of FTSE 350 companies with UK pension obligations do not provide sufficient information to allow stock market investors, as well as other stakeholders, to fully appreciate the scale and volatility of the funding position of the defined benefits (DB) schemes within their portfolios, according to research out today.


Analysis done by Lincoln Pensions, the advisory firm, on the latest released annual report of every FTSE 350 company with UK pension obligat...

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Business Urged To Adopt A Human Face: Focus On Mental Health

Posted on October 10, 2016 at 12:00 AM

Kudos to the UK's Institute of Directors for highlighting a very important issue in business - mental health.


Industry sectors vary on how seriously they take this issue,depending on many factors. But it is undeniable, I think, that financial sevices has been on Red Alert for many years. And then there's Brexit.


A new survey of IoD members - which amounts to more than 800 business leaders - reveals tha...

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