Under pressure by institutional investors, global funds including BlackRock, State Street and Vanguard are bolstering their corporate governance...
It's certainly very uncommon to have a clause like this,” said David Smith, head of corporate governance , Asia-Pacific, at Aberdeen Standard ...
Corporate governance advisory group Glass Lewis is advising shareholders to vote no for three Tesla board members up for reelection: 21st Century ...
The company's shares plummeted last week and were later suspended after ... of “questionable accounting practises” and poor corporate governance...
US short-selling firm Blue Orca Capital had accused the company of questionable accounting practices and poor corporate governance in a report, ...
The boardroom battle at Convoy Global Holdings, the troubled financial advisory firm at the centre of the biggest corruption investigation in Hong Kong in decades, has escalated after its second-largest shareholder accused the company ...
Forty six per cent of the Hang Seng Composite Index (HKCI) constituent companies are now in full compliance with the “ Corporate Governance Code” issued by the Hong Kong Exchanges and Clearing (HKEX) in January 2005, according to Grant Thornton Hong Kong's 2017 Corporate Governance ...
UBS, one of the largest wealth managers worldwide, is looking into recruiting an Asian to its board of directors , chairman Axel Weber said as he ...
Elliott is alleging corporate governance failings that have, it claims, “resulted in the entrenchment of management control over BEA at the expense of ...
The battle for control of the China Shanshui Cement Group has gotten a lot uglier as shareholders threw out the entire board controlled by chairman Zhang Bin and appoint a new set of officials. One group voted to oust the entire board and appoint new ...
The biggest movers on Forbes magazine's latest annual list of the world's richest people were women, who lifted their representation by 20 per cent from 138 to a record 172, compared with a 14 per cent rise in the overall number to 1,645. Sadly, on ...
The great and the good of Hong Kong society gathered at the Asia Society Hong Kong Centre to hear Mervyn Davies, Lord Davies of Abersoch, talk about the 21st Century Boardroom . But the real reason was to continue the 30% Club's assault on the ...
The key lies in adopting a system of modern corporate governance . Major state-owned enterprises should be the first to start by setting up a board of directors. Under its leadership, all senior managers including the chief executive should be hired through ...
An analyst has questioned corporate governance at Silver Base after the company reported an unexpected sharp drop in interim revenue. The liquor distributor admitted that some managers had left the company and some mainland stores had closed. Silver Base's share price fell 4.9 per cent to close at HK$2.31 yesterday, while the shares of Kweichow Moutai, which produces the Moutai liquor, dropped 7.3 per cent to 200.19 yuan (HK$249.18) on the Shanghai stock exchange. Wuliangye Yibin, which makes Wu
No company or organisation was good enough to win the highest prize in three of five categories of the corporate governance disclosure awards this year, the awards organiser, the Hong Kong Institute of Certified Public Accountants, said. Like last year, only two diamond awards, the top prize, were given. These two years saw the lowest number of top awards in its 13-year history, institute president Keith Pogson said. The largest number of diamond awards ever given in one year was four, said Pogs
Corporate governance has improved since 2009, according to a survey of 121 listed companies by the Hong Kong Institute of Directors and Hong Kong Baptist University. The average corporate governance score was 71.91 on a scale of 100, the same as in the previous survey in 2009. "The score has been more or less the same. But if you look at the content, this year has higher standards than 2009," said Stephen Cheung Yan-leung, the dean of the business school at Baptist University. "Corporate governa