FTSE Group (“FTSE”), the global index provider, announced the launch of the FTSE Developed ex Fossil Fuels Index Series, an innovative set of benchmark indices that excludes companies linked to exploration, ownership or extraction of (carbon reserves) fossil fuels. This ground-breaking launch is leading the way to implementation of a total exclusion model for fossil […]
This video uses a bicycle ride (perhaps a marathon?) to point out key milestones in UK corporate governance in recent years. I’d love to see something similar for the US but American’s should be able to relate to the UK experience. For more information download the FTSE 350 Corporate Governance Review 2013. (more…)
PLANSPONSOR.com reports, a provision in President Obama’s Fiscal Year 2014 budget that pertains to employee stock ownership plans (ESOPs) could result in a disincentive for offering the plans. The provision would eliminate Internal Revenue Code section 404(k), an incentive for ESOP creation and operation that permits a C corporation to deduct the value of dividends paid […]