Proxinvest Survey on Audit in France
Proxinvest just released its new survey “The audit of French listed companies: a shareholder’s point of view” The research confirms that the insufficient rotation of audit mandates is a lasting problem: the length of audit mandates among the CAC 40 companies kept rising in 2013 up to 15 years on average. Proxinvest’s recommendation of a maximum tenure of 18 years or three mandates of six years is also ignored in 34% of the of the CAC 40 companies. A record tenure is observed at Carrefour where KPMG has been auditing the accounts for 46 years. Hopefully, thanks to the European Directive on Audit, such excessively long relationships should be avoided in the future. […]
New report of the French Financial Authority (AMF) on shareholder general meetings
The just released AMF implementation report on general meetings, is a welcome revision of the working report chaired by Olivier [...]
The Italian ECGS partner, Frontis Governance, published its third study on Directors’ remuneration in Italy
The third Frontis Governance’s report aims at identifying factors influencing the executive remuneration at Italian listed companies, as well as [...]
ECGS survey about “Board composition in Europe”
ECGS has presented the 2014 survey on the composition and remuneration of Boards of Directors [...]
Three questions to the Alstom CEO and Board on corruption, profit warning and the special spin-off bonus
After BNP PARIBAS fined for nearly $ 9 billion imposed for violations of US embargoes, it has been the turn [...]
Loïc Dessaint Best analyst for CG Research in the IRRI 2014 Survey
We are proud to let you know that Loïc Dessaint, the CEO of Proxinvest, won the [...]
