New QCA Audit Committee Guide Published
The new and updated Quoted Companies Alliance (‘QCA’) Audit Committee Guide (2019) has been published and seeks to assist audit committee members and, in particular, the audit committee chair, to be effective in their roles. It sets out our views of best practice and is a companion to the Quoted Companies Alliance Corporate Governance Code (the QCA Code).
GC100 and Investor Group publish Directors’ Remuneration Reporting Guidance 2019
On 22 July 2019, GC100 and Investor Group published its revised Directors’ Remuneration Reporting Guidance. The guidance is designed to assist companies and their investors in the interpretation of the regulations. Following the implementation of the revised Shareholder Rights Directive (SRD II), the guidance has been updated to include the following changes:
2019 Dream Bigger Report: Funding Ambition
Read Dream Bigger: 'Funding Ambition' Report, the second report in the largest ever study into the sentiment and mindset of the UK scale-up community, to find out what drives scale-up founders.
The FRC Sets Out Its Transition Pathway
The Hampton-Alexander Review is an independent review body which builds on the excellent work of the Davies Review to increase the number of women on FTSE 350 boards. The review has a joint focus to improve women’s representation at board level and in senior leadership positions two layers below the board and continues to adopt a voluntary business-led approach.
New CEOs face bumpy ride and shorter shelf life
Chief executives whose predecessors were highly successful and long-serving are likely to find that they have shorter tenures, worse performance outcomes and are more often forced out of office than the CEOs they replace.