Alphavalue has been tracking changes in governance aspects over the past 20 years. An analysis of the group with the worst governance metrics in 2019 – a time when ESG was all the rage – reveals limited progress in this area and underperformance in share price. Divacons Report We have carried out a retrospective assessment of governance scores. Although ESG (Environmental, Social and Governance) criteria no longer attract the interest…
“On 9 July, we will hold the final meeting of the expert group that has been involved in drafting the code (a group comprising issuers, investors, etc.), and afterwards we will meet with companies and other stakeholders who have not been involved in the drafting process, to hear their views and enable us to put it out for public consultation before the end of the year. The aim is for…
The percentages of Spanish family businesses with no plans to raise capital from third parties or list on the stock exchange over the next decade (49 per cent and 67 per cent, respectively) are well above those recorded across all the countries analysed (36 per cent and 45 per cent, respectively), according to KPMG’s ‘2026 Family Business Report’. Reported by Consejeros Editorial Team The percentages of companies with no plans…
Fernando Rodríguez López de Andújar | Isabel perez Nivela is vice-president for legal affairs at Coca Cola European Partners, the bottling company that last year had a turnover of 10.6 billion euros (-11%) and was already listed in Amsterdam. so “taking advantage of brexit, which forces us to have a European market of reference, we have domiciled (Coca-Cola EP) in Amsterdam, whose stock exchange is quadrupling its business volumes since the brexit agreement. Amsterdam also has other prerogatives for long-term shareholders, such as allowing loyalty shares and other corporate governance issues that are not allowed in london. there you almost have to apologise for having a dominical chairwoman, even if she is appointed by a shareholder with more than 30% of the capital”.
Fernando Rodríguez López de Andújar | Alberto Alonso Ureba, professor of commercial law, has sat on the board of several Spanish listed companies -endesa, zeltia and siemens gamesa – and is one of Spain’s most renowned experts on corporate governance.
April 14, 2015 | UBS | Could family ownership help explain the performance of stocks? Is it an advantage or a disadvantage? What does the historical performance of family-owned companies tell us?