Governance News from Manifest - ISSN 1745 - 1132

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<< April 2002 >>

Index January - March 2002

 

Governance

Enron collapse
Audit belongs to shareholders

The involvement of auditors, Andersen in the collapse of energy giant Enron has given impetus to the US Securities and Exchange Commission’s (SEC) drive to improve the regulation of accounting firms. More  >>

P&O bid
Vote count lasts into the early hours

Despite the strength of the institutional voting power demonstrated on Thursday 14th February, only 58% of all possible votes were brought into play to effect an adjournment of the EGM that would have paved the way for the merger of cruise companies P&O Princess Cruises and Royal Caribbean Cruises. More  >>

Concert Parties
Manifest calls for rule clarification

In late December 2001, Manifest received a number of calls and enquiries about our position on concert parties in the context of the Takeover Panel Rules. More  >>

Custody & shareholder rights
Jargon demystified

When it comes to efficient voting, the custody arrangements of your portfolios can make or break peak season. More  >>

 

Corporate Social Responsibility

CSR: The Business Case
Boots & Anglian Water put their view

BP is once again in the spotlight during the UK’s peak season for annual general meetings because of a shareholder resolution, a rare event in the UK proxy calendar. More >>

 

Jan-Mar 2002