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...“We’ll be proposing that we have a seat on the board of directors. We believe that we have a unique ability to understand the production system . . ....
...the production system” to the 13-person board....
...ISS’s position centres on a long-standing and controversial practice in Germany’s two-tier governance system: the fact that top executives often join a company’s supervisory board at the end of their operational...
...As one of the cleanest modes of transport, a good train network is a boon for the green transition too. Yet, few places have mastered the art of managing and modernising their railways....
...Debates on the details of the UK tax system are welcome, but the tweaks both parties have been jostling over are piddling compared to the scale of the public finance challenges facing the future government...
...The Financial Stability Board, which includes the world’s leading finance ministers, central bankers and regulators, said on Wednesday that after assessing a series of recent market panics, many funds and...
...Its highly discretionary system places an unreasonably high burden of proof on projects to satisfy a mass of stakeholders and regulations before they can proceed....
...“Each time we work with cork we try to develop the system slightly differently,” he adds....
...Where there is a convincing rationale, investors should grant boards some flexibility. The less desirable elements of the US system should not be copied....
...Putin’s most formidable opponent, Alexei Navalny, died in an Arctic gulag — or was killed, in effect, by the system — a month ago....
...view of the climate system about 40 years ago....
...This has the added benefit of giving mayors a stronger stake in the success of their local areas....
...Erdoğan controls virtually all levers of the state after replacing the parliamentary system with an executive presidency through a contentious constitutional referendum in 2017....
...Governments neither can nor should provide most of the trillions in additional investments needed, and the EU’s bank-heavy financial system cannot mobilise private, long-term risk capital at the required...
...Some western democratic systems, in the US, the UK and elsewhere have been showing signs of strain. But there is an ever wider gap between Modi’s pro-democratic rhetoric and the reality....
...The US Treasury secretary Janet Yellen also last week raised concerns over the impact of falling property valuations on the banking system....
...Under Germany’s two-tier governance system, the supervisory board is not involved in day-to-day decisions but oversees and challenges the work of the executive board....
...A two-phase election system has also been introduced, with shareholders having to vote on each individual board candidate in a second voting round, even if the outgoing board’s slate emerges as victorious...
...Skills shortages and a complex planning system also hinder the implementation of projects. Britain remains one of the most centralised and geographically unequal economies in the OECD....
...First, he should begin fixing unnecessary complications and cliff-edges in the tax system. While bigger tax reforms are necessary, small adjustments at this Budget are still worthwhile....
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...The Taskforce on Nature-related Financial Disclosures has been developing reporting systems that would track companies’ impacts on nature, including water usage....
...Waiting to board a flight recently, I witnessed a stark example of a phenomenon at the heart of The Unaccountability Machine....
...While western politicians are right to prepare their publics for more dangerous times ahead, they have so far shown little sign that they are capable of taking the actions necessary to stabilise the system...
...In a “worst-case scenario”, pre-tax profits could drop to just a third of the level set the previous year, it said....
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