The Combined Code quotes Sir Derek Higgs “The use of an external third party to conduct the evaluation will bring objectivity to the process”.
Armstrong Bonham Carter's additional comments on the Financial Reporting Council's Progress Report and Second Consultation October 2009
Article by Tom Bonham Carter > 09 Oct 2009
> ABC believes there is still much to do to improve the transparency of Boards.

Armstrong Bonham Carter's response to Sir David Walker's review of the corporate governance in UK Banks and other financial industry entities
Article by Tom Bonham Carter > 01 Oct 2009
> ABC believes this review is currently at risk of making little beneficial impact on the corporate governance arrangements of Banks as it has not fully understood the reasons for the Bank boards' failures.

Radical way to halt sham of the AGMs
Article by Anthony Hilton, The Evening Standard > 24 Jul 2009
> The report by Sir David Walker in which he put forward a range of ideas to improve the governance of banks and the involvement of shareholders has had one unforeseen effect.

This corporate governance conundrum
Article by Tom Bonham Carter > 23 Jun 2009
> There is a fundamental problem with the current debate on how to fix the corporate governance failures that have beset our public listed companies. Namely, there is a lack of a definition of what is an effective Board.

The undercover boss
Article by Stefan Stern, The Financial Times > 08 Jun 2009
> Employee attitude surveys, brown bag lunches, focus groups, informal chats: managers try quite hard to find out what their staff are thinking.

A system battered, but not broken
Article by Sir Christopher Hogg, Financial Reporting Council > 18 Mar 2009
> While there is no assumption that the Code is fundamentally flawed or that a different regulatory framework for corporate governance could have alleviated the financial crisis, we are clear that the time is now ripe for testing the Code's content and application against the fresh thinking that the financial crisis must provoke.

Competent board directors and investors are more vital than new rules
Article by Tracy Corrigan, The Daily Telegraph > 19 Dec 2008
> The retreating tide of the financial crisis has already revealed the wreckage of some of the world's largest banks; now even less appetising debris is being exposed.

Boards should consider who really runs UK plc
Article by Andrew Taylor, The Financial Times > 27 Nov 2008
> Plunging financial markets may finally compel boards to do what critics of "fat cat bonuses" never could - get tough with lavish executive rewards.

Corporate brokers seize the moment to poach
Article by Brooke Masters, The Financial Times > 03 Oct 2008
> The current turmoil in the financial world is proving to be a big business opportunity for some City stockbrokers and investment banks to grab business from ailing competitors.

An expert hand behind the scenes
Article by John Willman, The Financial Times > 30 Sep 2008
> An outstanding chairman is someone who is never afraid to ask what might appear to be a silly question.

Absence of old hands prompts boardroom concern
Article by Brooke Masters, The Financial Times > 26 Sep 2008
> As the economy spirals downward, concern is mounting that many of the nation's largest companies are being led by people who have no experience of steering through hard times

Myners puts directors in the dock
Article by Chartered Secretary Magazine > 23 Sep 2008
> An influential City player is arguing that the banking crisis has been worsened by shareholders and banking directors failing to clamp down on excessive bonuses.

Plan to overhaul director guidance
Article by Jennifer Hughes, The Financial Times > 01 Sep 2008
> Company directors could be made to disclose any "significant doubts" over whether their business truly is a going concern under plans being drawn up by the UK's corporate reporting watchdog.

Groups rein in non-execs' pay rises
Article by Andrew Taylor, The Financial Times > 18 Aug 2008
> Pay rises for non-executive directors slowed again last year while companies expected them to do more to justify their fees, according to a study published today.

At last, some good news for leaders: you are not alone
Article by Stefan Stern, The Financial Times > 02 Jun 2008
> It used to be the Ewings who livened up the boardrooms (and saloon bars) of Dallas, but these days the Rockefellers provide all the dynastic entertainment on offer.


 


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T +44 (0) 20 7762 0020 / F +44 (0) 20 7762 3061 / info@armstrongbonhamcarter.com

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