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Blog : BOARD TALK

No Room For Complacency At The AGM

Posted on December 23, 2016 at 1:30 PM

2016 is drawing to a close - and good riddance, say some of us.


Has anything really changed when it comes to corporate governance n the UK ? Will the pre-occupations of Brexit put everything else on the backburner ? What was that last estimate for Brexit becoming Brexit....

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UK plc Starts To Focus On Real Diversity/Shareholder Engagement Slides -Report

Posted on November 18, 2016 at 1:40 PM

The topic of wider diversity - beyond gender - is at last beginning to move to centre stage in the UK's listed businesses, according to a report just out. A review of the annual reports of some 308 FTSE 350 companies finds 76% of companies mentioning aspects of board diversity other than gender - up from 56% in 2015.


This annual corporate governance review from professional services firm Grant Thornton UK LLP comes soon after the UK government-sponsored review by Sir John Pa...

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A Quieter Year On Pay Does Not Mean Lack Of Shareholder Concern

Posted on July 26, 2015 at 4:20 PM

Is Amber the new Blue ?


It is surprising that 40% of FTSE 100 companies received an amber IVIS report in 2015, given that they are working within the policies approved by shareholders last year, says Linklaters, the global law firm. 


Most remuneration reports were approved with a substantial majority, and only one report ( Intertek plc ) was rejected, it reveals in its snapshot o...

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A First In EU Law: Shareholders Don't Own Companies

Posted on May 25, 2015 at 6:10 PM

For a country fixated on whether it should stay in or out of the European Union, the UK is remarkably good at missing all sorts of exciting events taking place within it. 


Even two Bank Holidays can't account for the fact that an important vote around shareholder rights appears to have occurred without making much of an impression on the media. The lawyers have picked it up, however.

 

"In a strong signal about the importance of fostering sustainable an...

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Good Judgement And Better CorpGov: CBI to UKLA

Posted on November 5, 2013 at 11:45 AM

Things are looking up a bit. At the CBI's annual conference yesterday, there was much talk about business and trust. And the UK's Financial Conduct Authority (FCA) has strengthened the rules for a London listing.


At the CBI conference we were treated to some good conversation, including ...

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October Reforms And Spotlight On UK Boardrooms

Posted on October 2, 2013 at 5:45 PM

October has arrived quietly - and with it brought signifiicant reforms of UK company law of interest to its boardrooms.


"Shareholders of around 900 UK quoted companies will now, as a result of government reforms, be better prepared to hold companies to account. They will now have access to clearer information on the pay of top executives and will be able to exercise their new legally binding vote on executive pay."


In fact, any remuneration poli...

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High Praise For UK Corpgov & Boardrooms

Posted on June 14, 2013 at 1:45 PM

Gerhard Roggemann has a lot of experience of boardrooms - in the UK and Europe.


If you click on the link above you will find his Bloomberg Business Profile. It also helpfully tells you "This person is connected to 89 board members in 7 different organizations across 15 diff...

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RemCo : Changing Faces & Time To Rethink

Posted on April 27, 2013 at 2:45 PM

It comes as little surprise that the role of RemCo (remuneration committee) chair is now viewed as the most challenging of the committee chair roles in the boardrooms of UK plc. Its only equivalent perhaps, is chair of the risk committee at a financial services company. 


Significant research from headhunters Hedley May leads to these conclusions - and others - that may tangentially be of particular interest to those...

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Fairness Matters: Shareholders Flex Their Muscle

Posted on April 4, 2013 at 8:50 AM

The AGM season for UK plc is almost upon us - and boardrooms everywhere are doubtless hoping that the inclement weather will continue long enough to prevent any nasty attendances and upsets....


PIRC, the UK stewardship group, has produced a little primer with data on UK AGMs that might reassure those who have nightmares about 'Return Of The Shareholder Spring.'


Here are some of the figures from FTSE350 com...

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Decline In Financial Data Provided In Annual Reports

Posted on April 3, 2013 at 8:25 AM

Does less financial data automatically assume less transparency ? If so, we are in trouble. On the other hand, it could be that more is known, but less is shared- which is even worse.


Chairmen and CEOs in the FTSE100 provided seven percent less financial data and eight percent less forward-looking financial data in annual statements over the last five years. 

 

Metapraxis, the business analysis com...

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