WGPlus (Archive)

Some of them clearly are not worth their pay

Measures to strengthen the UK’s corporate governance framework and shareholder influence over executive pay have been outlined.  The paper sets out a range of options to address concerns around levels of executive pay, increasing representation of workers, customers, suppliers & investors in the boardroom, and whether our largest private companies should be subject to more rigorous corporate governance rules.

It calls on businesses, investors, workers and members of the public to give their views on what should be done to ensure that the UK’s corporate governance framework helps to deliver an economy that works for all and maintain our reputation as the best place in Europe to do business.
Researched Links:

BEIS:  Government launches review of corporate governance

IPPR:  Government must be bolder on top pay & corporate governance

FRC welcomes wide-ranging consultation on corporate governance

TUC hits out at “disappointing” plans to tackle corporate misbehaviour

CIPD welcomes first steps in repairing UK’s broken executive pay system

CBI: 'It's right that approaches to governance evolve'

There’s not enough ‘downside’ for management failure

FRC: Improved reporting of alternative performance measures welcomed but further enhancements needed

FRC welcomes the Hampton/Alexander report

CBI: Strengthening employees & shareholders voices right response on corporate governance

FRC: Companies should focus more on issues important to shareholders & wider stakeholders, says FRC in response to BEIS Inquiry

FRC: Culture to Capital - aligning corporate behaviour with long term performance

FRC: Revised UK Audit Firm Governance Code sharpens purpose & enhances transparency

FRC comments on Executive Remuneration Working Group’s final report

Leadership failures and personal greed led to collapse of BHS

Boards have a vital role and responsibility in understanding culture and how it affects employees, highlights new CIPD report

FRC: Revised UK Corporate Governance Code, Guidance on Audit Committees, and Auditing & Ethical

FRC: Quality of corporate governance in the UK remains high

The importance of corporate governance

AXELOS:  How to distinguish a change initiative and the best practice principles to deploy for governance

Governance, Risk and Compliance: Creating an Effective Business Case for a GRC Platform