corporate governance

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  • European Compensation Developments: Financial Institutions and Beyond


    Authority Authority:
    Editor’s Note: The following post comes to us from Simon Witty and Kyoko Takahashi Lin , both partners in the corporate department at Davis Polk & Wardwell LLP, and is based on a Davis Polk client memorandum. Almost half a decade after the onset of the financial crisis, populist sentiment and the resulting ...
    1 week ago
  • Shell Censorship


    Authority Authority:
    Our arch-critic, LondonLad, who has been posting comments on our Shell Blog for many years under his current or former alias, mostly highly critical of our articles, has stated: “I genuinely salute the Donovan’s for inserting comments on the Blog from the likes of myself.” Unlike Royal Dutch Shell, we are ...
    1 week ago
  • Tidjane Thiam of the Prudential displays thick hide


    The Guardian - guardian.co.ukAuthority Authority: 984
    Well never forget the Prus elephant ads. But there seems to be quite a lot of investor amnesia about executive pay at the insurer Last year the insurance group Prudential hired an African elephant called Mala to front a new set of adverts. They were designed to encourage "more open discussion about saving for ...
    1 week ago
  • Economic malpractice: time for a moral crusade against tax scams | Observer editorial


    The Guardian - guardian.co.ukAuthority Authority: 984
    Tax is a collective obligation to build a decent society. Too many companies are avoiding their civic responsibilities Africa is on the crest of a global commodities boom. Mozambique and Tanzania are emerging as major exporters of natural gas; Guinea and Sierra Leone have iron ore; while in the Democratic Republic of ...
    1 week ago
  • Osborne to pressure tax havens


    The Guardian - guardian.co.ukAuthority Authority: 984
    Chancellor urges G7 finance ministers to join Britain in global fight against evasion George Osborne on Saturday warned Britains offshore tax havens that they will need to share more information on wealthy taxpayers as the UK seeks to extend a pilot for exchanging tax information across Europe. Overseas territories, ...
    1 week ago
  • G7 agrees action needed against tax evasion, says George Osborne


    The Guardian - guardian.co.ukAuthority Authority: 984
    Chancellor states importance of nations collective action over tax avoidance and evasion on final day of financial summit The G7 group of industrialised nations has agreed collective action needs to be taken to target tax avoidance and evasion, the chancellor George Osborne has said. Speaking at the end of the ...
    1 week ago
  • Regulation in a Global Financial System


    Authority Authority:
    Editor’s Note: Mary Jo White is Chair of the U.S. Securities and Exchange Commission. This post is based on Chair Whites remarks at the Investment Company Institute (ICI) General Membership Meeting, which are available here . The views expressed in this post are those of Chair White and do not necessarily ...
    1 week ago
  • Passive Investors, Not Passive Owners


    Authority Authority:
    Editor’s Note: The following post comes to us from Glenn Booraem, Principal and Fund Controller at Vanguard Fund Financial Services, and is based on a Vanguard publication by Mr. Booraem. About a year ago we restated Vanguards mission to read: "To take a stand for all investors, treat them fairly, and give them ...
    1 week ago
  • Nonprofit Tweets of the Week - May 10, 2013


    Nonprofit Law BlogAuthority Authority: 126
      Ill be on Nonprofit Radio today at 10:30 am PT / 1:30 pm ET talking with Tony about Dan Pallotta s viral video on TED, The way we think about charity is dead wrong . You can catch us live or on iTunes. Listen to Depeche Modes Wrong as you peruse this weeks list of tweets: Pro Publica : Announcing ...
    1 week ago
  • Five for Five


    Authority Authority:
    In the past five months, the NACD blog has received more than 15,000 views. Review the five most popular blog posts of the last five months to keep track of what directors find most important. NACD Directorship 2020: Sustainability, Stakeholders, and Performance Metrics – Capitalism, and the role of the director, ...
    1 week ago
  • Short-Termism of Institutional Investors and the Double Agency Problem


    Authority Authority:
    Editor’s Note: The following post comes to us from Paul Frentrop and Daniëlle Melis , a Professor and an Associate Professor, respectively, at Nyenrode Business Universiteit. The following post is based on an inaugural lecture by Professor Frentrop. Complaints that investors only look for short-term gains ...
    1 week ago
  • Stripping Jamie Dimon’s Chairmanship May Feel Good, But Won’t Fix What’s Broken


    Authority Authority:
    Way back in 2011, JPMorgan Chairman and CEO Jamie Dimon was on top of the world. TIME selected him as one of the 100 most influential people in the world, and even Charles Ferguson, director of the scathing, anti-Wall-Street documentary Inside Job praised his performance during the financial crisis: “Dimon had ...
    1 week ago
  • Jamie Dimon as Chair and CEO: A Conflict of Interest in Corporate Governance


    Authority Authority:
    Chairman of JPMorgan since 2006 and CEO a year longer, Jamie Dimon   faced a stockholder vote on May 21, 2013 on whether someone else should chair the bank’s board. Even as two shareholder advisory firms urged a split due to questions about the independence and qualifications of several board members, the ...
    1 week ago
  • Ernst & Young lobbies against tax transparency at Downing Street


    The Guardian - guardian.co.ukAuthority Authority: 984
    Top accountancy firms call for voluntary tax reform at odds with campaigners who want greater transparency for multinationals Top tax advisers at Ernst & Young, auditors to Google, Amazon and Facebook, have held a high-level lobbying meeting at Number 10, urging the prime minister not to support calls for ...
    1 week ago
  • Succession Planning at Walmart: Insiders Only Need Apply


    24/7 Wall St.Authority Authority: 494
    Since founder Sam Walton stepped down as the company’s CEO in 1988, Wal-Mart Stores Inc. (NYSE: WMT) has had three CEOs, all of whom had long experience with the company before nabbing the top job....
    1 week ago
  • Wal-Mart CEO Succession and Replacement Plan Identified


    24/7 Wall St.Authority Authority: 494
    Wal-Mart Stores Inc. (NYSE: WMT) may soon have the highest form of corporate governance issues on its hands: a change in the chief executive officer position. It appears that Wal-Mart has identified...
    1 week ago
  • CFTC Looks into Regulating Bitcoin


    24/7 Wall St.Authority Authority: 494
    The experiment behind the craze of the virtual currency Bitcoin may soon be coming to an end. The U.S. Commodity Futures Trading Commission (CFTC) is calling for regulators to look into whether...
    1 week ago
  • Corporate Governance Planning for Companies Going Public


    Authority Authority:
    Editor’s Note: Mary Ann Cloyd is leader of the Center for Board Governance at PricewaterhouseCoopers LLP. This post is based on PwC reports discussed below, titled "Going Public? Five Governance Factors to Focus on" and "Governance for Companies Going Public: What Works Best™," which are available here and ...
    1 week ago
  • Corporate Mobility and Regulatory Competition in Europe


    Authority Authority:
    Editor’s Note: The following post comes to us from Wolf-Georg Ringe , Professor of International Commercial Law at Copenhagen Business School. Is there a competition for corporate charters in Europe? Corporate and comparative scholars have been discussing the similarities between the Delaware-led competition in ...
    1 week ago
  • Delaware Fiduciary Duty of Disclosure Explained by Chancery


    Authority Authority:
    In re Wayport, Inc. Litigation , Cons., C.A. No. 4167-VCL (Del. Ch. May 1, 2013). Issue Addressed : Among the several issues addressed in this case, the most noteworthy is a fulsome discussion and restatement of the fiduciary duty of disclosure that directors and majority shareholders owe to other existing ...
    1 week ago

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