Corporate governance

The Volkswagen scandal is only the latest in a long line of auto failures, according to Esmé van Herwijnen, SRI analyst at EdenTree Investment Management

Major Sports Direct shareholder Crispin Odey has criticised the FTSE 100 firm's 14-month delay in appointing a finance director as a "big concern".

The bears are "sharpening their knives" for Japan despite encouraging signs in the longer term, the managers of the Ruffer investment trust have warned.

Nikko Asset Management is separating out its chairman and CEO roles, and has appointed ex-Nomura executive Takumi Shibata as director and chairman ahead of a planned IPO.

Alison Carnwath, the head of the Barclays remuneration committee that approved former CEO Bob Diamond's £17m pay package earlier this year, has left the bank.

A government-backed report on the UK's financial services industry is expected to call for an end to the requirement for companies to issue quarterly updates.

Poor corporate governance in banks must be "urgently" addressed as it can ultimately lead to their failure, said Financial Services Authority (FSA) chief executive Hector Sants.

The FTSE Group has launched a consultation on whether it should raise its minimum free float requirement from 15% to 25%.

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