“Say on pay” legislation has been introduced in several countries but Australia's version, namely the “two-strikes” rule, is unique in that it empowers shareholders to vote on a board spill if the compensation report of a public company receives 25% or more dissenting votes for two...

Cross-region and cross-sector asset allocation decisions are one of the most fundamental issues in international equity portfolio management. Equity returns exhibit higher volatilities and correlations, and lower expected returns, in bear markets compared to bull markets. However, static...

Assesses the occupational pension scheme, as it has evolved in the UK, from the perspective of the providing employer. Analyses a variety of objectives that employers may have when sponsoring an occupational scheme and details the results of a survey of 66 private sector organizations which...