BEIS

Hard Hitting BEIS Report on Corporate Governance and Pay

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 ...

ShareSoc Requests More Power for Ultimate Investors

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. In summary: 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 ...