A Charitable Trust dedicated to thought leadership and best practice in governance
|
FGRE's Mission
- FGRE's mission, through thought leadership and education, is the development and promotion of the highest standards of effective and ethical governance in the UK and globally – for financial institutions, companies and not-for-profit entities.
- This mission is achieved through conducting relevant applied and interdisciplinary research and education, either singly or in collaboration with others, all of which is aimed at being of practical value. A key part of this is collaboration with and support of governance research and education in universities and business schools.
The aims and benefits of FGRE's work
- FGRE's output is of value particularly to members and potential members of governing boards and to investors.
- With a view to benefiting economies and society by encouraging and supporting best practice, FGRE aims to influence public policy and regulation relevant to governance.
|
- o - o - o - o - o - o - o - o - o - o - o - o |
FGRE Update
Presentation of Report
“An Investigation into Stewardship”
in Brussels – 6 th September 2011
The Centre for European Policy Studies and the European Capital Markets Institute hosted a debate on “corporate governance reform in the European Union” at which the Report – An Investigation into Stewardship – was presented by the co-authors, Dr John Mellor and Charles Cronin.
For Dr Mellor's speech please go to Reports and Comment page.
- o - o - o - o - o - o - o - o - o - o - o - o |
Response to Green Paper on
“The EU corporate governance framework”
18th July 2011
Dr John Mellor (founder of FGRE), and Charles Cronin, the principal authors of the Stewardship Report referred to below, have submitted their Response to the EU Green Paper on corporate governance.
For the Response (in pdf file) go to Reports and Comment page.
- o - o - o - o - o - o - o - o - o - o - o - o |
An Investigation into Stewardship
Engagement between investors and public companies:
Impediments and their resolution
FGRE, with support from CFA Institute and in cooperation with Centre for European Studies and European Capital Markets Institute, launches a report into Stewardship.
A group including leading investors and academics have published its report investigating the impediments to stewardship. Co-authored by Charles Cronin, CFA, and Dr. John Mellor, founder of FGRE, the report is the first of its kind to interrogate stewardship across the investment chain by collecting input from senior: fund trustees, pension fund consultants, lawyers, fund managers, governance specialists, and chairmen of leading British companies.
Stewardship, an overarching aspect of corporate governance, concerns investors taking an ownership interest in their investments. Fundamental to good stewardship is constructive dialogue between investors and corporate management. The conclusion of the report is that, save for a handful of exceptions, the quality of investor/corporate managment dialogue is poor.
The report has focused on three key impediments to stewardship
• Lack of direction by asset owners in investment mandates.
• The notional cost of stewardship and corporate engagement.
• Cultural and structural barriers in the investment management business.
The report identifies that asset owners (pension fund trustees and other investment fund directors) have a key role to play in directing institutional investment behaviour through the mandates they give to fund managers.
For the Report (in pdf file), full Press Release and Issue Brief go to Reports and Comment page .
- o - o - o - o - o - o - o - o - o - o - o - o |
A company limited by guarantee No. 4396150 and Registered Charity No. 1124053 ( England and Wales )
September 2011 |
