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Results for governance much. Search took 0.43 seconds.
Paulson, Goldman Sachs and the four tiers of US Government
in Sox First, on July 18, 2009
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Hank Paulson's testimony before Congress raises serious questions about the governance of US government. His testimony, combined with the record quarterly profit of Goldman Sachs, confirms... ...tiers: executive, legislative, judicial and financial. The last tier explains why the banks have so much power and why they are propped up by US taxpayers. In his extraordinary testimony, as reported...
Directors warned about greenwash
in Sox First, on June 22, 2009
...out two years ago, I did a blog entry predicting that climate change would become a big corporate governance issue. Directors can get into all sorts of trouble for failing in their duty of care to s...
Neues CIO -Office bei der Metro Group
in Das CIO Weblog, on 17.06.09
...schweigt sich Metro aus. Ein Sprecher bestätigte jedoch gegenüber cio.de, dass Wolfram die IT-Governance und IT-Transparenz verantworten wird sowie für Koordination und Abstimmung zwischen den Vertrie...
More on the Satyam-PWC scandal
in Sox First, on May 27, 2009
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The implosion at Indian IT specialists Satyam raises many questions about corporate governance. As Madhukar Angur says in the Deccan Herald , the debacle suggests we have learned very little sin...
SOX and complacency
in Sox First, on May 5, 2009
...wn University law professor Ethan S Burger in this piece Today's Financial Crisis, Corporate Governance, and the Issue of Third-Party Liability . The problem, he says, is that corporate govern... ...y, the answer does not lie in stronger regulation. As he says, you can't regulate morality. too much regulation has the perverse effect of increasing systemic risk because it creates a system wher...
Chrysler's Italian job
in Sox First, on May 2, 2009
...xury car makers. Writing in Fortune, , automobile analyst Robert Glantz says Fiat won't have much to offer. He points out that Fiat is a marginal player in the auto industry outside Italy and t...
Fox says no to Obama
in Sox First, on April 29, 2009
So Fox has announced it won't screen Barack Obama's prime time news conference and will instead screen the scheduled drama Lie To Me. Variety magazine says it's a matter of economics. It's financially based, and not political, it says. Still, it is the first time a network h...
Swine flu and markets
in Sox First, on April 28, 2009
So world markets have been hammered by the swine flu outbreak with airlines leading the charge. The New York Times reports that countries are now tightening their borders and the World Health Organisation has just upped its pandemic flu alert level. But how serious will it get? And what does...
PowerPoint and TIFF file viewing
in Wangtam, on 2009-04-28
...ok Site Governance Vote
• Whatever Happened to the Top 15 Web Properties of April, 1999?
• Software That Copies DVDs Is on Trial
• Sugar on a Stick
• Paint.NET PSDPlugin
• Worio: Search Resu...
Big bonuses at imploding banks
in Sox First, on April 26, 2009
The banks are imploding but that hasn't stopped the bankers raking in massive bonuses. Just what they're being rewarded for is anyone's guess. The New York Times reports that six of the biggest banks set aside over $36 billion in the first quarter to pay their employees. This is s...
Googling future trends
in Sox First, on April 18, 2009
Can search engines predict economic trends? Yes they can, according to a new study which finds that the frequency with which people use certain phrases can predict trends like retail sales figures, car sales and house sales data. And because sites like Google are updated constantly, we can get t...
The long recession's impact
in Sox First, on April 17, 2009
...l afford luxury goods are preferring socially responsible brands. The Luxury Institute says , that much of it is tied up with the view that flaunting your wealth in this climate is bad taste and inse...
IPOs: don't blame Sarbox
in Sox First, on April 15, 2009
...em irrelevant in this market. As Reuters reports: "Fears about Sarbanes-Oxley, the corporate governance law many called onerous and said would drive IPOs away from U.S. exchanges, have also sub...
The new consumer
in Sox First, on April 10, 2009
Last year, I did a blog entry looking at the way consumer patterns have changed in the recession. The earlier this year, I did a piece looking at thrift chic, the latest trend where people are embracing frugality and a new conservatism. The lessons of the 1930s taught us that when an economy...
Airlines in tailspin
in Sox First, on April 9, 2009
The airline industry goes from bad to worse. A crumbling global economy means fewer seats on planes declining profits for the world's biggest airlines. More details here .The big problem lies in their fixed costs. As Morningstar analyst Basili Alukos told reporters , it's a high fixed...
10 secrets of the downturn leader
in Sox First, on April 9, 2009
What are the secrets of the downturn leader? What sort of strategies are needed during a recession. I identify 10 of them in my piece here . The 10 secrets are communication, keeping up staff morale, maintaining or even increasing productivity, maintaining your own morale, looking at your ...
Who will buy Twitter? Google or Murdoch?
in Sox First, on April 7, 2009
Plenty of speculation at the moment that Google wants to buy Twitter. Or for that matter, Rupert Murdoch. Twitter's co-founder Biz Stone has left the markets guessing, playing it both ways , claiming the company wants to retain its independence but talks to other parties all the time. It&#...
Rest in peace, GM
in Sox First, on April 1, 2009
...ew York Times reports it will be a controlled bankruptcy, essentially splitting the company in two much like the "good" and "bad" bank model. That will see good assets like Chevro...
Japan's economic collapse
in Sox First, on March 30, 2009
The Japanese economy is sinking fast with the industrial output of the world's second biggest economy shrinking 9.4% . Last week, we had reports of retail sales in Japan falling 5.8% and Macquarie Securities has told Bloomberg that deflation has taken over again. Japan's finance mi...
G20 protest meltdown
in Sox First, on March 28, 2009
...d text message alerts to stay one step ahead of the cops. Police, for their part, aren't giving much away apart from letting the world know they'll be out in force and they'll also be empl...
Online connection boom
in Sox First, on March 28, 2009
There are lots of businesses that are cashing in on the recession and doing brilliantly. Not just pawnshops and discount stores but also alcohol, gaming and strangely enough, gardening supply specialists. Add to that the online dating business. Some businesses in that area have enjoyed double d...
Oil shock ahead
in Sox First, on March 28, 2009
Last week, I did a blog entry on the International Monetary Fund warning that there might be a small recovery next year if there are comprehensive and co-ordinated global policies, and if commodity prices remain low. So far, there's been no sign of global co-ordination. Add to that the r...
The greening of Disney?
in Sox First, on March 21, 2009
The Walt Disney Company seems to have stunned everyone with its latest corporate responsibility report which says it will aim for zero net greenhouse gas emissions and reducing indirect greenhouse gas emissions from electricity consumption. Anyone who has been to Disneyland would have to wond...
The seven deadly sins of executive pay
in Sox First, on March 18, 2009
...ay packages, it's worth looking at two interesting proposals. The first comes from corporate governance watchdog Regnan which has recommended capping "golden parachutes" and issuing s... ...opting an overly simple plan understood by everyone. Mercer also says companies mistakenly rely too much on budgets and strategic plans when setting pay schemes. The result is that executives can get ...
Mortgage fraud and AIG
in Sox First, on March 17, 2009
Mortgage fraud is on the rise, up 26% , and it's a serious problem. Fewer loans are being processed but there's more fraud, suggesting there is a real sickness in the system. It means people are getting more desperate. The increase in mortgage fraud is linked to other crimes like check...
Bank nationalisation on its way
in Sox First, on March 6, 2009
Whether you call it restructuring or nationalization, it's a play on words. The banks will have to be taken over to restore them back to health. As Financial Times columnist Martin Wolf says, "nationalisation" is just a synonym for restructuring. And when people say nationalisat...
Still in the dark on Steve Jobs
in Sox First, on February 27, 2009
...Last month, I did a blog entry slagging off at the Apple board and its total failure of corporate governance, keeping shareholders in the dark about Steve Jobs, his health and the likelihood or othe... ...duct in disclosing Jobs' health problems. That's not to say shareholders seem to care that much. According to that report, they even sang "Happy Birthday" for the boy who turned 54 ...
Inovis takes supply chain to social networking boundaries
in Supplychainer, on February 14, 2009
...nt platform, which manages the lifecycle of a business community, from onboarding to compliance and governance....
Compliance and Outsourcing
in The Outsourcing Weblog, on February 11, 2009
... problems appear in other critical, but ancillary functions such as disaster recovery, auditing and governance. As regulators become more aware of these issues, however, it is reasonable to expect tha...
A Conversation with Larry Guevel of Unisys
in The Outsourcing Weblog, on January 29, 2009
...s may call for an independent third-party to provide such services.
Our conversation then moved to governance issues - always a challenge with outsourcing deals. Mr. Guevel suggested that governance ... ...ng relationship. This includes costs of third-party consultants and attorneys, and can often eat up much of the earlier savings in a deal. Mr. Guevel noted that the market has noticed this and has mov...
A Wall Street Bailout?
in Eagle Par Birdie, on January 22, 2009
...y is Frank's view, in its essence.
Perhaps President Obama's commitment to transparency in governance will spread widely and envelop the USGA as well.
...
Satyam: do we need a global Sarbox
in Sox First, on January 21, 2009
...lled India's Enron, has raised a number of important questions. Not only about Indian corporate governance, which leaves a lot to be desired with The Hindu reporting that India is plagued by poo...
Keine Alternative zu einfacheSteuer.de: Angela Merkel verbrennt 112 Milliarden Euro
in Fachplaner-Weblog, on 14.01.09
© World Economic Forum Vorhaben über 200.000 Euro müssen europaweit ausgeschrieben werden. Das dauert ein viertel Jahr. Skepsis und nicht nur Zustimmung erntet die Bundesregierung unter Angela Merkel am 14. Januar 2009 für die Konjunkturmaßnahme-Pakete I und II. Angela Merkel: "Wir wolle...
A treaty for the Arctic?
in Sox First, on January 14, 2009
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The Arctic has long been neglected in terms of international governance and management but that's likely to change for two reasons. First, there is the prospect of rising tensions with yet to ...
Reshaping governance: interview with Lord Michael Hastings
in Sox First, on January 10, 2009
...ip and diversity Lord Michael Hastings from London. He proposed a radical shake-up of corporate governance around the world. Read on.
SOX FIRST: What should boards do that's different? Wha... ...al services regulatory bodies are going to beefed up by further legislation. They are going to have much more thought and insight into the financial investment trends, particularly the investment bank...
Corporate ethics and law
in Sox First, on January 10, 2009
... responsibility for one's own actions. He argues that this means changing the law and rules of governance where companies would be required to give stakeholders who don't own stock - like for...
Outsourcing safely
in The CIO Weblog, on January 9, 2009
Implicit in the conflation of agile operations with fragile support is a requirement that your users have access to services which are at once flexible and scalable and which are also efficient for your business to provide. When you put those three words together, the next thing you come to is i...
The relational company
in Sox First, on January 6, 2009
...proposal from the Relationships Foundation in Britain which would, if implemented, give corporate governance a radical overhaul in a way that we have never seen before. The foundation's paper ... ...but none of the responsibilities. Similarly, directors share some of the reward but don't carry much risk. Under its model, the company's owners, the shareholders, would accept responsibility...
FBI gets help from Lehman Brothers
in Sox First, on December 11, 2008
Not quite sure what this one says about the FBI, or for that matter Lehman Brothers, with FBI Director Robert S. Mueller, III announcing that it had hired an ex-IT executive at failed investment bank Lehman Brothers. Former Lehman vice-president Chad Fulgham has been tapped on the shoulde...
Fixing broken boards
in Sox First, on December 8, 2008
...ob. Consider, for example, the Lehman Brothers 2007 annual report . Go to the section on corporate governance, then read it and weep. "Lehman Brothers continues to be committed to industry best ... ...but none of the responsibilities. Similarly, directors share some of the reward but don't carry much risk. According to their paper, The Relational Company: Exploring a New Business Vehicle , th...
Dreadful US data package
in Sox First, on November 27, 2008
This Thanksgiving looks grim and there is every sign that it will be one very bad Christmas for retailers with the latest economic data coming through. Consumer spending fell 1% in October, the biggest slump in seven years. Orders for US-made durable goods fell 6.2% and orders for trans...
Citi slickers
in Sox First, on November 25, 2008
The Bush administration's bailout of Citigroup might be a sign of more to come, and that's a worry for everyone. Not just American taxpayers but right around the world. The most incompetent president in US history has announced that there might be more rescues. "We have made th...
Gouging with the bailout?
in Sox First, on November 24, 2008
The problem with Paulson's $700 billion bailout is transparency. The auto industry begging for money raises some important question: why are some industries being propped up and others left to die? Why has it changed from buying up the toxic mortgages that started the meltdown to throwing a ...
Do we get depressed?
in Sox First, on November 24, 2008
...apitalism is under assault from self-inflicted wounds, and Germany, Italy and Japan (Russia, not so much) are working with the United States to cope with a common problem. Back then, we were Cursed ...
Sox First birthday
in Sox First, on November 21, 2008
...th marks the third anniversary of Sox First. Three years ago, I was invited to write about ethics, governance and Sarbanes-Oxley. Being an Australian, the irony was not lost on me. Since then, I'... ...ily discipline has changed my life and career. For the better. To everyone out there, thank you so much. It's been fantastic and I owe you all a debt of gratitude....
Automakers heading nowhere
in Sox First, on November 19, 2008
...s a big challenge, rather than ignore it and battle over an issue that is merely a consequence of a much larger problem."
...
The Siemens saga rolls on
in Sox First, on November 19, 2008
The Siemens bribery saga rolls on with two former managers confessing their crimes and likely to receive suspended sentences. The pair took the illegal payments and established a secret accounting system, using sham contracts for payments into slush funds. But it won't stop there. The Inte...
CTO of the United States
in The CIO Weblog, on November 8, 2008
...appeal to the thought of him leveraging similar advantages in distributed (no, not distribut ive ) governance. So, tell me: what do you see as the role of national CTO, and who would you choose for it... ...Vint Cerf have been mentioned (although it's unlikely that either Ballmer or Schmidt would see much appeal in the role over their existing positions helming the battling juggernauts of Microsoft a...
Shooting up with AIG
in Sox First, on October 20, 2008
It's bad enough that AIG presented a completely false picture of its finances in its 2007 annual report , including a sign off from the world's biggest audit firm PricewaterhouseCoopers that everything was above board. So what then do we make of this News of the World report detailin...
Corporate governance takes a back seat
in Sox First, on October 20, 2008
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Further evidence that US regulators are not at all interested in fixing the corporate governance mess that helped speed up the meltdown. As part of the $700 billion bailout package, the US Treasu... ...s. Which means of course that Treasury can't check if executive compensation is encouraging too much risk-taking. And let's not forget that these are the same directors who allowed, some would...
Keeping the CIO relevant
in The CIO Weblog, on October 13, 2008
...inions thereof.
First, from Gartner, we hear that CFOs are likely to start gaining ground on the governance ladder and supervising CIOs more and more commonly. This probably isn't too surprisin... ...ressing budgets and have the incentive to take some radical steps to do so, however, this becomes a much more pressing problem for CIOs. If you combine the two reports, you can see the death spiral de...
Supply chain video: Forrester expert discusses best practices in Vendor Management
in Supplychainer, on October 13, 2008
...ps do is contracting and pricing. However, the most successful VMOs have cracked the code on vendor governance - tiering suppliers, building executive relationships, and reviewing vendor performance s...
How global warming will change corporate governance
in Sox First, on September 24, 2008
...re than two years ago, I did a blog entry on how climate change would turn into a major corporate governance issue. Now it's heading that way with pressure on the Securities and Exchange Commis...
CIOs marginally worse off under CFO
in The CIO Weblog, on August 25, 2008
...tionship Defines Your Job Only At The Margin" based on results from the research firms 2007 IT governance survey finds that businesses in which the CIO reported to the CFO had IT departments whic... ...or no centralized IT planning, with consequently fewer centralized management tools.
It may not be much, but it echoes my own observations, and reinforces the need for businesses to get the CIO out f...
Barbara Amiel and Conrad Black: delusion city
in Sox First, on August 10, 2008
...rpetrated on shareholders but instead attacks old friends who let them down and the "corporate governance racketeers" who she claims "could teach Al Capone a lesson or two". In th... ...holding their noses at the antics of the Clintons until they got another winner. Obama isn't so much a winner as someone who relieves the whites of their guilt complex vis-a-vis the blacks, as lon...
The corporate governance "zoo"
in Sox First, on August 7, 2008
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Corporate governance is increasingly like a zoo! That's one insight that has come out of the 2008 International Corporate Governance Network (ICGN) conference recently held in Seoul, Korea. ...
Chinese IPOs - From Riches Back to Rags in New York
in China Venture News, on August 2, 2008
...umber of factors seem to be involved - from the bears on the market to the Sarbanes-Oxley corporate governance law. You can read the details at PE Hub .
© AlixanaEuphoria
...
Carl Icahn and SOX
in Sox First, on July 31, 2008
All eyes will be on Yahoo this Friday with the company's annual shareholder meeting. The meeting was supposed to be showdown between founder Jerry Yang and activist investor Carl Icahn until they signed a truce last week but the pressure is still on. Oil billionaire T. Boone Picken...
Board witless
in Sox First, on July 21, 2008
...n the audit committee of Bank of America.". All this suggests is that the system of corporate governance, which is supposed to provide a set of checks and balances, has failed abysmally.
...
The audit cartel
in Sox First, on June 4, 2008
...e accountancy bodies and regulators individualize the problem, blaming company directors, corporate governance practices and slack accounting standards. This deflects attention away from organizationa...
Big Oil wins again
in Sox First, on June 1, 2008
...anti-trust break-up of Standard Oil. Those descendents wanted Exxon Mobil to improve its corporate governance by splitting the chairman and CEO roles, now held by Rex Tillerson. They also wanted the ...
Carl Icahn 将正式卷起新 Yahoo 收购风波
in Wangtam, on 2008-05-17
刚刚已经提及， 亿万富翁 Carl Icahn 上周谋得 Yahoo 董事席位，意欲发动代理权争夺战 。然后 Carl Icahn 在随后发给 Yahoo 的信中确认，他已经发动了旨在促成微软收购 Yahoo 的代理权争夺战。 Carl Icahn 已经提名了十位 Yahoo 董事候选人，希望用他们取代现有 Yahoo 董事会，以推动 Yahoo 接受微软每股 33 美元、总价值 475 亿美元的收购报价。 Carl Icahn 还在写给 Yahoo 董事会主席 Roy Bostock 的信中披露，他已经收购了 5900 万股 Yahoo 股票，并在寻求清除来自国美国联邦贸易委员会的反垄...
SOX and backdating
in Sox First, on April 11, 2008
...said about Sarbanes-Oxley stopping backdating. But is that true? Has it actually improved corporate governance? Under Sarbanes-Oxley, all high-level executive stock option grants and exercises made o... ...
Much has been said about Sarbanes-Oxley stopping backdating. But is that true? Has it actually improved corporate governance? Under Sarbanes-Oxley, all high-level executive stock option grants an...
Chinese stock market pains
in Sox First, on April 9, 2008
...ears until you got your money back. There are also some profoundly troubling issues with corporate governance in China. As the ISS RiskMetrics says in a new report , the Chinese market has big risks...
SOX-related boardroom changes and share price
in Sox First, on April 2, 2008
...sed the Sarbanes-Oxley Act in 2002, US companies were forced to overhaul their systems of corporate governance. A Raft of changes were introduced. Auditors were required report to audit committees...
Woolworths moves to SOA in its supply chain
in Supplychainer, on March 29, 2008
...lities in the region, B-Eye Network reported. Woolworths is also investing in an SOA registry and governance platform to underpin its overall corporate move towards service-oriented architecture (SO...
Climate change and banks
in Sox First, on March 13, 2008
...they have a long way to go, according to a report from the Ceres investor coalition , Corporate governance and climate change: the banks . On the plus side, the report found that the banks had is...
Confidence tricks
in Sox First, on March 11, 2008
...e at firms where fraud did not occur. Just as importantly, these firms did not have the standard of governance that would counteract their tendency to commit fraud. Also firms that had overconfident, ...
Tackling Groupthink: red flags and solutions
in Sox First, on March 11, 2008
...aq. But it also happens on company boards and when it does happen, it's a failure of corporate governance. So what are the warning signs of Groupthink? They can be summed up as follows: 1. Sel...
Accounting supremo questions
in Sox First, on March 7, 2008
...irman will be increased. The idea is to make it more nimble and less cumbersome. But the corporate governance watchdogs at RiskMetrics have other ideas. In their case , they argue that it robs the...
