Hermes Responsible Ownership Principles

Hermes Ownership Principles address a simple question: What should owners expect of listed companies and what should these companies expect from their owners?

The expectations set out in this document are derived from Hermes extensive experience as an active and engaged shareholder. This experience suggests that there are a number of reasons companies fail in their primary goal of delivering long-term value. Our experience suggests there are good central management disciplines which will greatly increase the likelihood of value delivery.