Reputation is said to be hard won and easily lost. When reputation is damaged in a corporate environment, scrutiny by regulators and shareholders, particularly when it impacts on the bottom line and/or market value, will often increase.
Treasury’s Banking Executive Accountability Regime (BEAR) provides food for thought for every enterprise looking to ensure KMP manage resources in the long-term interests of the organisation.
The NZX has released the final version of its updated corporate governance code, including recommendations for increased disclosure of executive remuneration.
The Agenda is our must-read summary of issues concerning Boards of Directors and Government.
Egan Associates takes an in depth look at Board Discretion, providing pointers for remuneration committees on how to exercise discretion without risking an adverse remuneration report vote.