Is Huawei’s rise due to its corporate governance style?

Huawei’s unique corporate governance structure includes employee ownership and representation on the board: First, Huawei is a fully employee-owned, private company. All shareholders are employees although not all employees are shareholders. This is a most intriguing aspect. Employees are supposedly hired by the management, and yet they constitute the shareholder body. So there is an…

TriplePundit: ESG Engagement Wins More Boards’ Buy-In, But Lags in U.S.

Boards are facing increasing pressure from stakeholders to engage on ESG (environmental, social and governance) challenges as a matter of long-term viability. But despite all this renewed focus, a new report finds that while 46 percent of boards globally discuss sustainability issues annually, North American boards of directors lag behind their counterparts in Europe and…

New Zealand Prime Minister on ESG

New Zealand Prime Minister Jacinda Ardern wants the country’s financials to reflect a more holistic look at value and values: “Our vision is focused on higher living standards for New Zealanders. Achieving this requires growing the country’s human, social, natural, and financial/physical capitals which together represent New Zealand’s economic capital. Our vision is to be…

PIC struggles to improve quality of corporate governance

South Africa’s PIC pension fund adjusts its corporate governance priorities (emphasis added): More than half of the companies in which the PIC has a substantial investment ignore its views on the need for independent auditors.Almost half of them also ignore its view on what is, or is not, an acceptable remuneration policy, and a substantial…