Thursday, May 12, 2005

F&C maps out future governance ‘hot spots’

F&C Asset Management, the leading global corporate governance specialist, has today issued its third Annual Voting and Governance Report. The report provides detailed analysis of how F&C voted across some 22,830 resolutions during 2004 as well as examples of the types of issues F&C faced, such as board structures, remuneration, capital structures, auditors and internal controls and shareholder resolutions.

”Our global governance approach is rooted in the principles of having a strong independent presence on boards, sound risk management, the need for appropriate incentives and above all transparency,” explained Karina Litvack, Head of Governance and Socially Responsible Investment at F&C.

”We also recognise that voting sensibly on a global scale means taking account of different legal and cultural legacies and balancing these against a context of changing shareholder expectations,” she said.

See full Press Release.