Corporate Governance

7 articles

UK Financial Reporting Council investigating PwC's audit of WH Smith due to inflated earnings disclosure.
Corporate Strategy

UK regulator probes PwC's audit of WH Smith over earnings

Britain's accounting regulator has launched a formal investigation into PwC's audit of WH Smith for the year the retailer disclosed inflated earnings in its North American business.

Rafael Montoya·June 9, 2026
A visual representation of the stark economic divide between a CEO in a boardroom and employees on a factory floor, highlighting CEO pay trends.
C-Suite Leadership

2026 proxy season: Analyzing 2025 CEO pay trends

In 2025, the median CEO pay ratio climbed to 219:1, meaning top executives earned 219 times more than their average employee, according to corpgov .

Siobhan O'Malley·June 5, 2026
A CHRO actively participates in a strategic board meeting, highlighting the importance of human capital in corporate decision-making.
Human Capital

CHROs must join boards to unlock true strategic value

Despite nearly 70% of public companies reporting increased CHRO engagement with their boards over the past three years, the prevalence of new directors with CHRO experience declined by over 30% in 202

Siobhan O'Malley·June 4, 2026
A gavel striking financial documents, symbolizing the FRC's fine against BDO for audit breaches at the collapsed NMCN construction company.
Corporate Strategy

FRC Fines BDO for Audit Breaches at Collapsed NMCN

Audit firm BDO has been hit with a £2 million fine by the Financial Reporting Council (FRC) for 'pervasive breaches' in its 2019 audit of collapsed builder NMCN.

Ethan Caldwell·May 28, 2026
Ousted BP chairman Albert Manifold exiting a corporate building, symbolizing his abrupt departure amid allegations.
Corporate Strategy

BP chair denies 'lies' about his conduct after ousting

Ousted BP chairman Albert Manifold publicly branded allegations about his conduct as 'lies,' just days after the oil giant announced his immediate departure over 'serious concerns' about his governanc

Siobhan O'Malley·May 28, 2026
BP headquarters at dusk with silhouettes of board members in a tense meeting, symbolizing a major leadership change due to conduct concerns.
Corporate Strategy

BP Removes Chair Albert Manifold Amid Conduct Concerns

After less than a year in the role, BP's board unanimously voted to remove Chairman Albert Manifold with immediate effect, citing "serious concerns" about his conduct, according to Reuters .

Rafael Montoya·May 26, 2026
Activist investor Corvex confronts Whitbread executives in a tense boardroom meeting, demanding the sale of the Premier Inn owner.
C-Suite Leadership

Activist investor Corvex urges Premier Inn owner Whitbread to sell

Whitbread's shares have plummeted over 18% in the last year, prompting activist hedge fund Corvex Management, which owns 7% of the company, to demand a full sale, according to Skift and Financial Time

Siobhan O'Malley·May 18, 2026