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75% of ASX100 exposed to corruption in high-risk countries

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
Three quarters of ASX100 companies that operate in a sector or country deemed "high-risk" for corruption, up from 56% in 2006, and Australian companies lag US, UK and European counterparts in prohibiting the giving and receiving of bribes, according ...

Dean Paatsch launches new governance advisory firm

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2011  |  NEWS
... people who are going to come after us.... We're serious about positioning ourselves in the market. Expectations here are very high, and they compel high engagement with companies and it's incumbent on us to get a sustainable infrastructure up and running." ...

IGCC working group to engage with green finance banks

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
The Investors Group on Climate Change (IGCC)'s new Low-Carbon Finance Working Group will play a stakeholder role with "green" financing institutions both domestically and overseas, consulting with the institutions being established by governments to ...

Community finance draws eye of institutional investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2011  |  NEWS
... investment committee and presenting the proposal." Foresters' approach to assessing potential social enterprise projects requires high levels of due diligence and support throughout the process, Drew said. "It's high touch and costs a bit," she said. ...

Number of women on boards climbs slowly, ACSI finds

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2011  |  NEWS
... 2010 was almost entirely due to the exclusion from the sample of several companies that pay their chairpersons relatively high annual fees due to the fact these entities changed chairperson during 2010, including BHP Billiton, Commonwealth Bank and ANZ," ...

Miscommunication hampers institutional vote engagement

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2011  |  NEWS
Although directors, institutional share owners and proxy advisers are eager to engage, particularly in the context of the share voting process, there is a failure to communicate at key junctures with all parties, particularly during the annual general ...

Analysing the link between women directors and corporate returns

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 OCT 2011  |  NEWS
A recent report noted that ASX500 companies with women directors had a higher average return on equity over the past three and five year time horizons, but there is no clear answer as to why this incidence seems to exist. The report by the Reibey Institute ...

Microfinance a source of financial and social return

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
... investment strategy that can pick up on this very wide set of opportunities given the bottom billion thesis, but it has very high and complex sets of risks." Christian Super does not underestimate those risks. Christian Super had considered microfinance ...

ASX500 companies increase number of women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
An analysis of ASX500 companies shows that there are 235 women holding 307 directorship positions, and 233 companies have at least one woman on board. The research note authored by the Reibey Institute noted that women hold 9.5% of ASX500 board positions ...

Consumers doubt energy retailers' "green" credentials

RACHEL ALEMBAKIS  |  FRIDAY, 30 SEP 2011  |  NEWS
... sources of energy consumers would agree to use, solar, wind and hydro topped the list, but nuclear power came in surprisingly high, with 34% of respondents saying they would agree to use power derived from nuclear reactors. That figure was higher than ...