Viability assessments: is practice living up to expectations?
‘The most insightful stress testing disclosures describe the specific stresses that the board considered rather than simply outlining the process it had followed. Similarly, specific descriptions of the mitigating actions considered in stressed scenarios, are preferable to the general statement that mitigating actions have been assessed that many companies make.’
Proxy Season Review
‘Many companies are realising the advantages of engaging with shareholders in advance of meetings, but investors want qualitative, two-way discussions on remuneration, board composition and other governance related matters, not just a presentation of what to expect at the AGM.’