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| A government sponsored review into UK equity markets established in 2011 and led by Professor John Kay.
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| The review was established to ask how well equity markets are achieving the following core purposes:
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| | | * [[Normative statement]] |
| 1. Enhancing the performance of UK companies by facilitating investment and enabling effective governance and decision making in support of long-term profitability and growth; and
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| 2. Enabling investors to benefit from this corporate activity in the form of returns from equity investment.
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| The review was designed assess to what extent equity market participants are excessively focused on short-term outcomes to the detriment of the core purposes (1. and 2. noted above) and if so, what actions should be taken to address this problem.
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| It therefore examines the incentives, motivations and timescales of the following participants in the equity markets – end investors, pension funds, advisers, fund managers, the market and company boards – and also the relationships between them.
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| The Kay Report published in July 2012 was welcomed by the UK Government in its response of November 2012. The Report is undergoing Commons Select Committee scrutiny.
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| == See also ==
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| * [[Corporate governance]]
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| * [[Equity]]
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Revision as of 14:20, 23 October 2012
Statements of fact, which are capable of proof or disproof.
See also
