Contents

More Power to Shareholders

UK Corporate Governance Review 2011

The FRC has published an analysis of progress made in implementing the UK Corporate Governance Code and the UK Stewardship Code, revised and launched, respectively, in 2010.

New Guernsey Corporate Governance Code

Philippines governance-based listing delayed

New sustainability database

Board evaluation – or not?

Helen Pitcher considers a new board evaluation initiative recently announced by the Institute of Directors.

Say-on-pay US style

Amy M Wood looks at the current situation with say-on-pay in the United States and argues that it is too early to draw any conclusions as to whether say-on-pay will ever materially affect the levels of executive compensation.

Risk and asset management 

Noël Amenc looks back on ten years of risk and asset management research.

When judgement fails

David Anderson puts forward some examples of poor director judgement taken from his board advisory practice and looks at the lessons to be learned from them.