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Showing 611 - 620 of 660 results for "shareholder"

International human rights law impacts Australian companies

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
Australian companies are exposed to risks stemming from human rights issues, and should be aware of international laws and frameworks creating obligations or pressure to set, implement and monitor human rights policies. Although there is not one set ...

ASA opposes Santos CEO $2m share grant

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
The Australian Shareholders' Association (ASA) has struck out at a proposal from Santos to grant AU$2m grant of performance shares to CEO David Knox, in addition to his normal base salary plus short and long term incentives. The company put the issue ...

CSA warns on timing of undirected proxy vote legislation

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 APR 2012  |  NEWS
... statement that they reviewed undirected proxies in the 2010 AGM season from the top five companies with the largest shareholder base. "Just these few companies accounted for over AU$2bn worth of lost shares," CSA said. "The impact of the loss of such ...

Fund manager: remuneration reports filled with "mumbo jumbo"

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 APR 2012  |  NEWS
Remuneration reports have become overly long and filled with legal jargon that is not easily understood, said Peter Morgan, founder of 452 Capital. Speaking at the Ownership Matters governance conference in Melbourne, Morgan told an audience of investors ...

Integrated reporting to provide analysis, innovation

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAR 2012  |  NEWS
... differentiate ourselves in the market, it's the way we build long term competitive advantage and it's also how we build shareholder worth over the long term." Bankmecu is one of three Australian companies taking part in the International Integrated Reporting ...

Proxy voting error results in Emeco AGM double-count

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2012  |  NEWS
A double-counting of proxy votes by a custodial shareholder that led to an initial, apparent vote of 26.4% against the remuneration report of heavy earthmoving equipment solution provider Emeco highlights flaws in the proxy voting system. Because of ...

ASIC renews call for better remuneration disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
The Australian Securities and Investments Commission (ASIC) say that companies can still improve their disclosures of executive and director remuneration. ASIC have reviewed a sample of 50 remuneration reports from ASX300 companies for the financial ...

AMP Capital, VFMC publish 2011 proxy voting record

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 FEB 2012  |  NEWS
Concerns over executive remuneration and incentive plans led institutional investors AMP Capital and the Victorian Funds Management Corporation (VMFC) to cast proxy votes against resolutions during 2011. Governance managers at both institutions also ...

Proposed disclosure measures for corporate bonus clawbacks

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2012  |  NEWS
Listed companies will be required to disclose to shareholders the steps they have taken to clawback bonuses and other forms of remuneration if they were the result of a material misstatement in the company's financial statements, under proposed legislation ...

Call for working group on shareholder resolution reform

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2012  |  NEWS
... group to lobby for changes to address what the managing director calls a lack of clarity around the process of putting shareholder resolutions to an annual general meeting (AGM). Trevor Thomas, managing director of Ethinvest, said that the working group ...