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Shareholder relations

Find out more about shareholder relations

In this section

Top 5 stories of shareholder activism

Whistleblowing and shareholder responses to corporate governance failings were on the agenda at the 2018 AGM season. Here are the top 5 corporate governance stories of recent weeks.

Making a statement

David Craik investigates how people in the real world view financial statements and considers what it might take to make them more user-friendly.

Voting for AGM format change

January 2017: Are Annual General Meetings in their current physical format immune to digitalisation? LSCA Business Board member Vincenzo Leporiere investigates.

Guidance and reports

Special Report 65 - Smart Reporting

This special report will be a handy go-to guide – we take you through the latest techniques and thinking behind the new smart world with which CFOs, and aspiring CFOs, must contend.

Financial Reporting Disclosures: Market and Regulatory Failures

This report looks at the sources of this unhappiness in financial reporting disclosures and what can be done about it. The report argues that the current degree of dissatisfaction is to a large extent a predictable outcome of the regulatory framework. But this framework is itself a response to failures in the market for financial reporting information. And both market and regulatory failures in part reflect the inherent limitations of financial reporting. In this brief summary of the report, we concentrate on the regulatory issues.

Activist Investors

Shareholder activism in UK quoted companies continues to be an important and topical issue. The context of this research is the investment scene in the UK and within this context over the last two decades it is clear that considerable change has taken place. The research report covers a variety of topics and provides an overview of some of the positive and negative implications of activism.

Sustainability: the role of accountants

Sustainability presents some key challenges and opportunities for accountants. This Information for Better Markets report identifies a number of ways in which operation of various mechanisms for enhancing sustainability offers challenges and opportunities that are directly relevant to the role of professionally qualified accountants.

New Reporting Models for Business

The report is aimed at an international audience of all those who are interested in the future of business reporting and it serves three main purposes: 1. to provide a cohesive summary of some of the key proposals for new reporting models in recent years, including some of ICAEW’s own work; 2. to analyse the proposals from a change management perspective to offer new insights into the challenges they confront and to identify questions for discussion and research concerning the future of business reporting ; and 3. to identify fundamental issues so that ICAEW can set priorities for further work and longer-term research in business reporting.

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Shareholder activism and investor relations

Chapter 5 discusses shareholder engagement, relations and communications, shareholder rights and meetings.

The rise of shareholder accountability

This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. This section comprises four chapters on the subject of shareholder relations and shareholder activism.

The Non-executive chairman: toward a shareholder value maximization role

This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. This chapter explores the key responsibilities, characteristics , experience and skills of a high-performance non-executive board chairman as well as communication with shareholders and addressing the concerns of activist shareholders.

Communications with stakeholders

An essential source of reference and route map for the position of Non-executive director. Contains case studies and checklists throughout. Chapter 11 of the handbook deals with shareholder relations with reference to the UK Corporate Governance Code and UK Stewardship Code. Disclosures and transparency, and Corporate Social responsibility are also covered

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Getting serious about ESG risks

The article offers information on the environmental, social and governance (ESG) approach of a company for risk management. Topics discussed include making adjustments to the risk management strategies for applying ESG approach; maintaining partnerships with senior executive leaders, finance, investor relations and corporate communications to assess and mitigate ESG risks.

Evolving investor relations

The article deals with the growing influence of passive investors which may prompt companies to develop a new approach to board governance and investor communications

When replacing an audit committee member, does financial expertise matter to investors?

The article reports on the study which reveals that financial expertise of audit committee member is important to investors. Topics mentioned include the importance of financial expertise on audit committees in the improvement of audit committee effectiveness in financial monitoring duties, the internal auditing management, and the role of audit committee to financial statements management. Also mentioned are the role of audit committee in decision-making and the financial reports quality.

Preparing for the 2018 US proxy and annual reporting season - are you ready?

Guidance for companies preparing for the 2018 US proxy and annual reporting season, which will be the first time that CEO pay ratio disclosure will be required.

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Useful links

Guidance on directors duties: section 172 and stakeholder considerations

This guidance aims to provide practical help to directors on their performance of the section 172 duty - to act, in good faith, in a way that you believe 'would be most likely to promote the success of the company for the benefit of its shareholders as a whole'.

Navigating the stakeholder agenda: tackling the reporting challenge

Guidance designed to help companies and their boards show they have due regard for the stakeholders under section 172 of the Companies Act. Looks at what companies are currently doing and gives framework to help companies stakeholder engagement and how this should be reflected in the annual report.

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