Index April 2002
Governance
US corporate governance
Bush Steps Into Corporate Responsibility Debate
US President George W Bush has proposed a 10-point plan to improve corporate responsibility in America and protect its shareholders in response to his government’s work responding to the collapse of energy giant, Enron.
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ACCA
Accounting standards miss their mark
The indictment of accounting firm Andersen LLP alleging obstruction of justice when members of staff shredded documents related to the bankrupt energy giant Enron was the latest round of bad news for the auditor now struggling for its own
survival. More >>
Shareholder activism
Perspectives on government efforts
While the present Labour government has given its backing to business it has not been afraid to impose more responsibilities on companies as well as their shareholders.
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Manifest On-Line
Proxy poll data boost to voting platform
Extra information has recently been added to Manifest On-Line, the
governance database which forms part of Manifest’s Research and Electronic
Proxy Voting Services. More >>
ICSA
Guidance note highlights chairman’s obligations
Under the show of hands system used by the majority of UK-quoted companies at shareholders’ meetings, it is commonly assumed that the proxy poll votes lodged prior to the meeting “don’t count”. But, as highlighted by this recent
ICSA Guidance Note, chairmen of companies facing a request for a poll are legally obliged to comply with the demand.
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Corporate Social Responsibility
BP
Oil giant called to account on Alaska
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.
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Institute of Business Ethics
Principles Make Good Business Sense
While the
Institute of Business Ethics (IBE) began as a faith-based group of top bosses it believes it now makes a good case for having a principle-based approach to running a company.
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FTSE4Good
Index Gets Bigger
The FTSE4Good index has expanded the number of
participants following a review in March 2002. More >>
Business in the Community
CSR index to be launched
Business in the Community is to launch a corporate social responsibility index building on the Business in the Environment’s annual index of environmental engagement.
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Trades Union Congress
Research shows stress claims rise
Recent surveys by the
TUC show that more are more people are reporting to their trade unions that they are suffering from stress while people are working longer hours .
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April 2002
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