Last Friday afternoon, moments after the resignation of Yoshiro Mori as president of the Tokyo Olympics committee, a board member of one of the games’ largest sponsor companies texted me a terse Japanese proverb: “A lid has been placed on the thing that stinks...
Executives raise fears with ministers as premiums to cover serving on boards double and may climb further...
Morgan Stanley’s chief executive, James Gorman, will receive $33m in total compensation for 2020, a 22 per cent increase over 2019’s $27M...
French group under pressure to replace chief executive over ‘disappointing’ share price...
The Wirecard affair, the latest in a series of corporate scandals in Germany, raises an important question. Why does Germany find it so difficult to protect investors? Those outside Germany who admire the Rhineland model for its seemingly enlightened form of capitalism ought to examine the Wirecard collapse in detail...
When Janus Capital and Henderson Global Investors agreed a deal in 2016, it was touted as being transformative for the two struggling midsized asset managers...
Questions over benefits of pushing for any deal between two underperforming asset managers...
Premiums were already rising because of an increase in class actions when coronavirus struck...
The US Department of Labor has been accused of bowing to pressure from corporate lobbyists after it proposed “draconian” rules that critics argued would undermine shareholder democracy...
Companies that rank highly on corporate social responsibility measures are more likely to be the target of hedge fund activism, academic research has found...
When RWC’s Japan Active Engagement team started work more than 15 years ago, “activism” was associated with high-profile attempts by mainly foreign investors to force change at Japanese companies through ownership...
One of the most influential shareholder advisers has called on US companies to disclose the ethnicities of their directors and senior executives, as pressure builds to diversify the upper echelons of corporate America...
Businesses that have championed inclusion are under pressure to make good on diversity pledges...
Swedish group bets on potential for new management to turn round struggling education group...
Could board directors and executives have anticipated the pandemic? Yes, responded Louise Pentland, an executive at PayPal, the payments company, and a non-executive director of Japan’s Hitachi, during a recent webinar...
In the pre-coronavirus world, Kimberley Lewis spent much of her working life trying to lift executives’ sights from day-to-day pressures to the ways they could become better, more responsible corporate citizens...
US regulator rethinks plan to force advisory firms to submit voting recommendations to companies...
Hedge fund chief bets on stockmarket recovery after profiting from coronavirus sell-off...
Occidental Petroleum has deployed a “poison pill” to prevent a hostile takeover, a day after hedge fund investor Carl Icahn almost quadrupled his stake in the US oil producer and called for its chief executive to be fired...
HSBC has appointed Jamie Forese, formerly a top executive at Citigroup, as a director, adding an experienced US banker to its board as it seeks to turn round its struggling North American business...
