Index May 2002
Comment
Fund managers
must speak out sooner
Karen Talbot
The withdrawal of the resolution proposing the executive share scheme at
Prudential has revealed the problems of collective consultation and relying
on the word of the institutional investor trade bodies.
More >>
Governance
Directors' privacy
Government gives protection from violence
Directors whose work results in threats of violence or intimidation now have the right to more privacy.
More >>
Shareholder activism
Fund managers say legislation will lead to litigation
Fund managers believe legislation would not be the right approach to encouraging shareholder activism instead suggest a voluntary approach.
More >>
Non-executive director review
Government seeks to widen pool of talent
Derek Higgs, has been appointed by the Secretary of State for Trade and Industry, Patricia Hewitt, and the Chancellor Gordon Brown, to head the government-initiated review into the role and effectiveness of non-executive directors.
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ICSA
New guidelines on abstention published
The Institute of Chartered Secretaries and Administrators (ICSA) has released four new guidance notes covering terms of reference of board committees and proxy voting instructions.
More >>
IRRC
Trade Unions boost shareholder activism in US
Trade union pension funds are being increasingly active shareholders in the US according to analysis by the Investor Responsibility Research Center (IRRC).
More >>
IRRC
Investors’ security risks analysed
The terrorist attacks of September 11 last year has made investors, particularly in America, believe addressing security concerns must be part of their risk assessments according to US-based corporate governance experts, the Investor
Responsibility Research Center (IRRC). More >>
Corporate Social Responsibility
Shareholder resolution
WWF motion gains 11% support
Corporate governance and corporate social responsibility issues coincided at the BP’s AGM on 18 April.
More >>
SRI
Client demand pushes fund managers
The Social Responsible Investment (SRI) market continues to grow among institutions according to the environment and sustainability services team of Deloitte & Touche.
More >>
CDFA
New body to boost regeneration
A new body has been formed to boost investment in the poorest areas of the UK.
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Forge Group
Government supports financial sector CSR guide
The government has given support to guidelines being developed to help the financial services sector manage and report on corporate socially responsibility (CSR) issues.
More >>
ACCA
Five firms win prizes for sustainability reporting
Scottish Power, CIS, BT, Shell International and the Co-operative Bank were the winners of the 2001 Association of Chartered Certified Accountants’ UK Awards for Sustainability Reporting announced in April.
More >>
Unocal
US firm challenged on human rights
International co-operation has been achieved among trade unions who are urging institutional investors to support a shareholder resolution in the US.
More >>
May, 2002
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