Boardroom Flash Vol. 1/2018 SEC activities relating to CG Code adoption in information disclosure form
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Policy Alert
SEC activities relating to CG Code adoption in information disclosure form
After the Corporate Governance Code or CG Code was announced in March 2017, a series of seminar on the topic have been organized by the Securities and Exchange Commission for listed companies, discussions with representatives from MAI and Thai Company Secretary Club and financial advisors have been done. In addition, public hearing on CG Code was also conducted on September 15, 2017. Here is a summary of views over CG Code from the following activities. (More details click)
CG News Update
World's Largest Investor to Companies:
You Must Give Back
In his annual letter to public company CEOs, BlackRock Inc. Chairman and CEO Laurence "Larry" Fink said they "must contribute to society" or risk losing BlackRock's support, states Inc.com (Jan. 16, Canal). New York-based BlackRock ranks as the world's largest money manager and biggest investor in public companies. The letter, sent Tuesday, called on the chief executives of companies in which BlackRock invests to better articulate their long-term strategies with regards to how each contributes to... (More details click)
10 New Year’s Resolutions for Your Firm’s Corporate Governance
IT World Canada (Jan. 2) columnist Betsy Atkins asks: "What should your board of directors do to kick off the New Year?" To answer her question, she offers 10 resolutions to hone a company's corporate governance for 2018. They include: "rethink board committees," "do an inside/out activist review of the company," "accelerate board refreshment and diversity," "address environmental, social, and governance (ESG) issues," and formulate a crisis management plan.... (More details click)
The above summary appeared in Directors Daily, a publication of the National Association of Corporate Directors (NACD), nacdonline.org, in the United States. NACD, along with Thai IOD and other leading director organizations, is a member of the Global Network of Director Institutes. Quoted with permission from NACD.
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