Chapter 14. SH rights engagement Flashcards
1
Q
Who does the UK Stewardship Code apply to?
A
Assets owners, managers and service providers
2
Q
What rights do SH have?
A
Ownership and the transfer
Equal treatment
Share in the profits
Attend meetings and vote
(>5% - require the directors to call a general meeting and propose a resolution to be voted on at the AGM)
Enfranchising indirect shareholders
3
Q
What is Responsible Investment?
A
Refusal to invest in companies regarded as unethical (for example alcohol and gambling stocks).
4
Q
What is Socially Responsible Investment
A
Unethical companies excluded
Investors encourage companies develop positive CSR
approaches by their investment preferences: issuing CSR guidelines and engaging with companies on CSR issues.
