Strong support for including executives’ share options in the profit and loss account was also found in the survey of over 200 institutional investors in 31 countries. The survey was conducted by McKinsey, the consultancy firm, in April and May.
More than three-quarters of investors said they were prepared to pay a premium for well-governed companies citing the quality of a company’s corporate governance, including the effectiveness of boards of directors, as the most important factors when looking to invest.
Ninety percent of those interviewed backed a single set of accounting standards, but they disagreed over whether it should be international accounting standards or US GAAP.
Investors in Western Europe, Asia and Africa favoured IASs, while North Americans wanted US GAAP.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned