Index December 2003
Comment
Media companies require governance shake-up
Richard Northedge
Why is it that media companies think that corporate
governance does not apply to them? Other businesses companies obey the rules out
of fear or self-interest, but newspaper and broadcasting companies think they
are different. More >>
Governance
Hollinger International
Lord Black admits receiving unauthorised fees
Speculation about possible sell-offs of newspapers,
including the Sunday and Daily
Telegraph papers in the UK, surrounds Lord Black's media company after
directors admitted receiving unauthorised payments hitting a company already
struggling financially. More >>
Auditing Practices Board
Standards proposed to improve ethics of auditors
The
Institute of Chartered Accountants in England & Wales (ICAEW) has welcomed
the five exposure drafts of proposed ethical standards on the integrity,
objectivity and independence of audits issued by the
Auditing Practices
Board. More >>
Transparency directive
EU ministers approve quarterly reporting
The Council of
European Union economics and finance ministers
has reached an agreement on the proposed
transparency directive after
the requirement for quarterly reporting became the sticking point.
More >>
BSkyB
Rupert Murdoch shows strength at AGM
BSkyB’s AGM last month was attended by more
institutional shareholders than usual but the company's board got its way
with all the resolutions, including the appointment of chairman Rupert
Murdoch's son James as chief executive. More >>
NXT
Manifest exposes bad practice
Manifest identified bad practice at SmallCap company
NXT,
a developer and licenser of audio technologies and equipment last
month. More >>
Freeport
Investors reject remuneration report
Investors
in Freeport, the retail and leisure
site developer, rejected the remuneration report at the company’s AGM (13
November). More >>
Retirement by Rotation
Manifest research reveals non-compliance
Manifest research has revealed that a number of companies still do not
comply with the Combined Code recommendation that all directors should
retire at least every three years. More >>
Governance in brief.....
Government calls for active ownership
Trade & Industry secretary Patricia Hewitt called on institutional shareholders to
be active owners at the recent Hermes Stewardship and Performance Seminar.
More >>
CSR in brief.....
Hewitt welcomes Accounting for People report
Trade & Industry secretary Patricia
Hewitt has welcomed the publication of a
report on how companies can make
the most of their workforce by evaluating human resources on a more
strategic, corporate level. More >>
Conferences
Topical governance and CSR-related conferences.
More >>
December, 2003
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