Blog : BOARD TALK
Board Talk is about to announce a new sponsor or sponsors - details to be ironed out, never enough time.
A blog around the issues facing the boardroom...in the UK and around the world. I aim to reflect a wide-ranging set of views and kindle ongoing and much-needed debate. The aim is for more 'board talk' and less 'bored talk'.
July 28, 2013
"Thought provoking, insightful and challenging – Board Talk is now the ‘go-to’ commentary on boardroom issues'
Vanda Murray, OBE (and non-executive director, now Chairman Fenner plc - 2017)
Also on Facebook.com - look for @DinaMedlandWordsThatWork
|Posted on June 6, 2017 at 6:10 PM|
There is some good news, at least. The emphasis on environmental, social and governance (ESG) issues continues to grow despite Donald Trump.
FTSE Russell, the global index provider, has added 77 companies to its FTSE4Good index, with the largest number coming from the USA, which remains the largest contributor of companies to the index. It reveals in its June semi-annual review of the index that 31 companies have also been r...Read Full Post »
|Posted on May 17, 2017 at 1:30 PM|
It is extraordinary how UK boardrooms repeatedly manage to pass off cybersecurity as some sort of natural disaster that is outside their remit of accountability.
A timely message lands from Brussels making just this point - repeatedly explored by me in posts on Forbes - but in a different way.
The WannaCry globally-coordinated ransomware attack on 12 May 2017 should put the spotlight on...Read Full Post »
|Posted on May 17, 2017 at 11:20 AM|
Oops. That's a bit of a governance FAIL.
More than 50% of UK domiciled funds do not have any independent directors. For funds domiciled overseas, the proportion with no independent directors drops to 20%, according to a survey conducted by LCP, the consultancy.
In the survey of nearly 300 investment funds used by UK pension schemes, LCP found that despite the UK’s leading reputation for fund governance, the jurisdict...Read Full Post »
|Posted on May 15, 2017 at 11:55 AM|
Tell me again that the world is not changing in its attitude to climate risk. Investors have their ears to the ground and even the most reluctant to hear appear to be listening and willing to put pressure on business regarding the need for better corporate reporting on an issue that is increasingly being identified as a 'systemic risk.'
As we looked forward to another weekend and prayed for no 'news' to disrupt it, a climate risk shareholder proposal passed at a maj...Read Full Post »
|Posted on May 10, 2017 at 1:00 PM|
Ah, the theatre of corporate governance: it's the Volkswagen AGM tomorrow.
Hermes EOS, the stewardship and engagement team of Hermes Investment Management, recommends voting against the discharge of the management and supervisory boards of Volkswagen, as well as its revised remuneration policy.
"Our recommendation to vote against the discharge of th...Read Full Post »
|Posted on May 9, 2017 at 9:00 PM|
A new rule forcing Britain's listed businesses to give shareholders a second vote if a significant majority reject the company's pay report is called for today by the Institute of Directors.
Under the IoD’s proposals, if 30% of investors oppose the remuneration report at the annual meeting, the company would have to look again at its pay policy and give shareholders another vote. Despite a series of h...Read Full Post »
|Posted on May 9, 2017 at 12:00 PM|
|Posted on May 8, 2017 at 10:10 AM|
Firms owned by women and minorities manage only 1.1% of total assets under management, according to a new study of diversity in the $71.4 trillion dollar asset management industry. But it says that firms with diverse ownership are under-utilised by instiutional investors.
The study, which says it is the most in-depth to date on ownership diversity within the asset management industry, is accompanied by an initial analysis which found no statistically sign...Read Full Post »
|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 April 28, 2017 at 1:40 PM|
Corporate culture, M&A and sustainability are all in the spotlight at today's Bayer AGM.
Hermes Investment Management is drawing attention to its "wide-ranging sustainability-related concenrs about the pending acquisition by Bayer, the German life science company, of Monsanto, the US agricultural company best-known for genetic modification."
"Mergers can often have a negative impact on the overall value of a company, with the process complicated f...Read Full Post »