Changes in the Balance of Power: The Board Versus CEO
There is no doubt that corporate boards operate under greater scrutiny. The trend is clearly to hold boards and individual members accountable.
View ArticleRenaissanceRe Promotes Fraser and James in Finance Team
James C. Fraser has been named SVP, chief accounting officer, responsible for oversight of forecasting, planning and analysis; controls, financial reporting and tax. He will report to Robert Qutub,...
View ArticleA Steep Revenue and Earnings Drop for Nokia
A surge in revenue and operating profit from the technologies segment partially offset this weakness, but it wasn't enough to prevent a steep decline in sales and profit. Here's what investors need to...
View ArticleHigh-profile collapses raise red flags
The collapse of two NZX-listed companies within a week raises serious questions about New Zealand's corporate governance standards, say some market watchers. Although the failure of Pumpkin Patch and...
View ArticleZimbabwe: 'Top Companies Promotes Transparency'
THE Top Companies Survey has been influential in promoting good corporate governance practices and transparency among listed firms, the Financial Gazette's chief executive officer, Jacob Chisese has...
View ArticleGhosts of boardroom are suddenly under scrutiny at Japan's firms
Pedestrians walk past signage for Sony Corp. outside the company's headquarters in Tokyo, on June 29, 2016. MUST CREDIT: Bloomberg photo by Kiyoshi Ota.
View ArticleGood corporate governance brings gains: TIP
Shares of companies that have good corporate governance records tend to post higher gains, according to Taiwan Index Plus Corp. , a wholly owned subsidiary of the Taiwan Stock Exchange . TIP, which...
View ArticleOpen letter to the new SEC chief
Now that the recent unpleasantness of the presidential campaign is behind us, tradition tells us that the new president appoints a new SEC chair. Congratulations on your selection! As you take office,...
View ArticleUPDATE 1-Cyrus Mistry says surprised by Tata's justification of his dismissal
MUMBAI, Oct 28 The war of words between Tata Sons and its ousted Chairman Cyrus Mistry ratcheted up a notch late on Friday, with Mistry stating he was surprised with reasons given by the Indian...
View ArticlePanasonic cuts profit outlook on strong yen, weak parts sales
Oct 31 Japan's Panasonic Corp cut its full-year outlook for operating profit on Monday due to a strong yen, lower sales of electronics devices and weaker demand for solar power systems. The consumer...
View ArticleBritish investment trade body calls on companies to disclose pay ratios
Oct 31 The Investment Association stepped up a campaign on Monday to persuade Britain's top companies to address concerns on boardroom pay by publishing a new set of principles it hopes will shape the...
View ArticleWestern Gate stirs to renew argument with Stock Spirits
Stirring after a five month ceasefire, a major shareholder in Stock Spirits has criticised the "ongoing poor corporate governance" of the distilling company after it cancelled an open day with...
View ArticleAbsence of women on boards harming businesses - Esua-Mensah
Companies will continue to miss out on talents and performance if they do not employ deserving women to sit on their boards and bring to bear required skills to enhance growth, Pearl Esua-Mensah,...
View ArticleGASB Proposes Implementation Guidance for Other Postemployment Benefit Plans
The Governmental Accounting Standards Board has issued an Exposure Draft of a proposed Implementation Guide that contains questions and answers intended to clarify, explain, or elaborate on the...
View ArticleSustainability Disclosure: A Matter of Public Trust
Public confidence depends on transparency and trust. And lack of transparency provides the opportunity for obfuscation, deception, and corruption that erodes and ultimately destroys public trust.
View ArticleFive Propositions Concerning The SEC Whistleblower Program
Congress, not the Securities and Exchange Commission, established the whistleblower program six years ago as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. As the program has...
View ArticleBlog: Should Non-GAAP Financial Measures Be Audited?
At a meeting yesterday of the PCAOB's Investor Advisory Group, two working groups reported on topics that might be of particular interest: non-GAAP financial measures and enhanced audit reports. There...
View ArticleKing IV tightens corporate remuneration
The King Committee on Corporate Governance in SA and the Institute of Directors in Southern Africa will this morning formally launch the King IV Report on Corporate Governance . The IoDSA owns the...
View ArticleNokian Tyres: Financial reporting schedule for year 2017
During the year 2017, Nokian Tyres plc will publish the year 2016 Financial Statement Bulletin, two Interim Reports and one Half Year Financial Report and as follows: The 2016 Annual Report will be...
View ArticleBlackRock, Vanguard, State Street are not passive on corporate governance
No longer the silent giants in the background, boards are now dealing with competing agendas from short termism of active managers and the long-term view of passive managers. The underperformance of...
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