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    The Hermes Principles of Corporate Governance

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    Saumya Goel
    The document discusses an asset manager called Hermes that manages funds for 200 clients including a large BT pension scheme. Hermes seeks to improve the performance of companies it invests in by being an interested and involved shareholder that puts its clients' interests first. As an example, Hermes engaged with Premier Oil in the mid-2000s on corporate governance issues which helped double the company's share price. The document asks how this reflects Hermes' corporate responsibility stance and what more institutions and companies can do to improve corporate responsibility.

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    The Hermes Principles of Corporate Governance

    Uploaded by

    Saumya Goel
    52 views7 pages
    The document discusses an asset manager called Hermes that manages funds for 200 clients including a large BT pension scheme. Hermes seeks to improve the performance of companies it invests in by being an interested and involved shareholder that puts its clients' interests first. As an example, Hermes engaged with Premier Oil in the mid-2000s on corporate governance issues which helped double the company's share price. The document asks how this reflects Hermes' corporate responsibility stance and what more institutions and companies can do to improve corporate responsibility.

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    this is a CSR case study

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    The document discusses an asset manager called Hermes that manages funds for 200 clients including a large BT pension scheme. Hermes seeks to improve the performance of companies it invests in by being an interested and involved shareholder that puts its clients' interests first. As an example, Hermes engaged with Premier Oil in the mid-2000s on corporate governance issues which helped double the company's share price. The document asks how this reflects Hermes' corporate responsibility stance and what more institutions and companies can do to improve corporate responsibility.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    52 views7 pages

    The Hermes Principles of Corporate Governance

    Uploaded by

    Saumya Goel
    The document discusses an asset manager called Hermes that manages funds for 200 clients including a large BT pension scheme. Hermes seeks to improve the performance of companies it invests in by being an interested and involved shareholder that puts its clients' interests first. As an example, Hermes engaged with Premier Oil in the mid-2000s on corporate governance issues which helped double the company's share price. The document asks how this reflects Hermes' corporate responsibility stance and what more institutions and companies can do to improve corporate responsibility.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 7

    Fund managers

    200 clients
    BT pension scheme

    Interested and involved shareholders Clients interest first

    Example: Premier Oil Extended engagement in mid-2000

    Share price doubled

    Hermes seeks to improve company performance by asking companies to address corporate governance matters effectively; Hermes helped Premier Oil to improve its share price by engaging with it on corporate governance issues.

    How does this reflect the corporate responsibility stance of the company? What more can institutions do to improve the corporate responsibility approach within companies? What more can companies do to integrate responsibility into governance agendas?

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