The BEIS Commons Select Committee have today published a strongly worded report on Corporate Governance after its recent hearings on the subject. Here are some of the key points they make:
They agree with the Prime Minister that high levels of executive pay need to be tackled "for the benefit of society as a whole". They forcefully recommend that Long Term Incentive Plans (LTIPs) should be abolished as soon as possible because they create perverse incentives and are often a way ...
PRESS RELEASE 83 25/10/2016
ShareSoc (the UK Individual Shareholders Society) has today submitted its written evidence to the Business, Innovation and Skills Committee inquiry on corporate governance.
The goal should be to get more power back to the ultimate investors. This can be achieved by:
Ensuring that individual shareholders can exercise their rights, even if their shares are held in nominee accounts.
ShareSoc, if sufficiently well resourced, can play a role by ensuring that individual shareholders are educated about their rights and ...