BIS Committee
More Power Requested for Ultimate Investors
ShareSoc has issued a press release noting our submission to the Parliament BIS Committee Inquiry into Corporate Governance. It requests more power for ultimate investors. Here is a brief summary of the contents (the press release includes a link to our full submission).
We suggest that 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.
- Providing ...
Corporate Governance Inquiry Launched in Parliament
The BIS Select Committee of MPs has launched an inquiry into corporate governance focussing on executive pay, directors duties, and the composition of boardrooms. That includes worker representation and gender balance in executive positions.
It has been prompted by the recent comments from the Prime Minister and the Committees recent inquiries into BHS and Sports Direct where major failings were revealed in the way those businesses were run. The terms of reference for this inquiry are very broad - see this web ...
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