Enlightened shareholder value needs enlightened shareholders

Network for Sustainable Financial Markets has posted a new item, ‘Enlightened shareholder value needs enlightened shareholders, say NSFM participants and other experts’ In a letter published in The Times today NSFM participants Catherine Howarth, Steve Waygood, Jeremy Leggett, Charles Scanlan and Raj Thamotheram, along with other experts, have called for …

UK Companies Act Provides Guidance for Investment Fiduciaries

An article from Sustainable Financial Markets Posted: 20 Apr 2011 10:41 AM PDT Catherine Howarth and Christine Berry write: There’s a fundamental inconsistency at the heart of the UK corporate governance framework. Company directors’ duties under the Companies Act are based on the concept of ‘enlightened shareholder value’: the UK …