Blog : BOARD TALK
|Posted on May 3, 2017 at 11:45 AM|
If you are going to stand out, it is best not to do so for all the wrong reasons.
Britian is proud, with good reason, of being a world leader when it comes to standards of corporate governance in business. At the moment the country is in the middle of a review of corporate governance reform which has been inspired by very real events in some of our publicly listed businesses - and in the face of new challenges. Theresa May, the Prime Minister, has championed the importance o...Read Full Post »
|Posted on December 15, 2016 at 10:45 AM|
|Posted on November 22, 2016 at 1:15 PM|
On centre stage in London at #CBI2016 the talk all seems to be around 'bargains' for better corporate governance. It's an interesting idea from the UK's Conservative government that is instantly ethically flawed.
Are we now resorting to paying people by barter for good behaviour? As well as perhaps, changing what words mean in a post-truth world.
The U.K. Prime Minister, Theresa May, hasRead Full Post »
|Posted on September 20, 2016 at 12:05 AM|
Companies face "a wake-up call to review their cultures" before they can win back broad support from society, business leaders will be told at a conference at Mansion House today, in the City of London.
Sir Win Bischoff, Chairman of the Financial Reporting Council (FRC) will tell delegates at the regulator’s conference, ‘Culture to Capital: aligning corporate behaviour with long term performance’, that companies must establish a culture that fos...Read Full Post »
|Posted on August 3, 2016 at 11:15 AM|
This morning we have the UK energy regulator Ofgem's report - with the much vaunted protection (from April next year) of four million pre-pay customers by an interim price cap. Ah, progessive capitalism I hear you say: protecting the vulnerable. Alas, no - that's a headline-grabbing sop to corporate governance.
To quote Stephen Green (yet again),Read Full Post »
|Posted on June 6, 2016 at 9:30 AM|
Investors and regulators keep talking about corporate culture, and how important it is to setting the tone of a business. What about executive pay ? When total variable pay represents more than 58 times salary and is stratospherically unrelated to what the average employee earns, surely something is very wrong on culture.
This week advertising giant WPP holds its AGM - on Wednesday, June 8. TheRead Full Post »
|Posted on June 1, 2016 at 9:55 PM|
I like headlines when they say it all. The one on this blog today refers to the current standard of human capital reporting by FTSE 100 companies. Because if business = its people, then companies need to join up the dots between that, transparency and disclosure. Except that sadly, they are either not aware, or not proactive in sharing their intelligence, it seems.
A third (30%) of FTSE 100 companies are withholding relevant information from their annual reports and painting...Read Full Post »
|Posted on May 13, 2016 at 11:00 AM|
The UK Committee of Public Accounts has spoken and everyone should be listening hard.
Yet again we grapple with the terminology on where culpability lies and how we change corporate behaviour. But Britain's PPI mis-selling scandal is a textbook case on what is wrong: when business does not serve consumer and societal interest, veering off on a pur...Read Full Post »