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Greenwash and the US Chamber of Commerce campaign Title: Greenwash and the US Chamber of Commerce campaign
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Filed in archive Ethics by leon on December 17, 2007

These are extraordinary times. After weeks of stonewalled talks, there has been a breakthrough deal at the climate change negotiations in Bali.Still claiming it was a world leader, the the US - the...

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Easing up on corporate crime Title: Easing up on corporate crime
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Filed in archive corporate crime by leon on December 16, 2007

Earlier this year, I did a blog entry explaining that the fight against corporate wrongdoing always eases up when there is a stock market bubble.The Economist confirms that argument in the piece...

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Siemens: the scandal that won't go away Title: Siemens: the scandal that won't go away
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Filed in archive corporate crime by leon on December 15, 2007

Less than a week after Siemens announced that Hannes Apitzsch was its new finance chief, the company has suddenly revoked the appointment because of concerns about a union funding scandal.Meanwhile,...

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Personality test problems Title: Personality test problems
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Filed in archive strategy by leon on December 14, 2007

More and more companies are now using personality testing to predict job performance. And personality testing is now a huge industry.But a new study, reported here, suggests that the link between...

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Strategic corporate reputation Title: Strategic corporate reputation
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Filed in archive corporate reputation by leon on December 14, 2007

I have talked about how corporate reputation risk is on the rise. This is a high risk area because it can take years to build up a reputation, and it takes no time to destroy it.The problem is...

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Six keys for more effective charities Title: Six keys for more effective charities
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Filed in archive corporate governance by leon on December 13, 2007

Last week, I did a blog entry talking about the problems charities and other non-profit agencies face with governance.Now a new book Forces for Good by Leslie Crutchfield and Heather McLeod Grant...

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PCAOB action Title: PCAOB action
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Filed in archive Accounting by leon on December 13, 2007

Big week for the Public Company Accounting Oversight Board. Earlier in the week, it sent a warning to the Big Four accounting firms by pinging Deloitte $1 million for violating audit standards. The...

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Headlines and CEO pay Title: Headlines and CEO pay
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Filed in archive executive pay by leon on December 12, 2007

The media spends a lot of time bagging CEOs for outrageous salaries and perks. But a recent study suggests the media might be just as much to blame.The study by University of Colorado researchers,...

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Ethical double standards Title: Ethical double standards
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Filed in archive Ethics by leon on December 12, 2007

Worrying Deloitte survey suggests that teenagers claim they are ethical but are still prepared to lie and cheat to get ahead.While most teens surveyed (71 percent) said they felt fully prepared to...

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Bribery update Title: Bribery update
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Filed in archive corporate crime by leon on December 11, 2007

Interesting developments in the two big corporate bribery cases, Siemens and BAE Systems. The heat is on both companies and despite their best efforts, it's not going away.First to BAE and we...

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Mao and Chinese CEOs Title: Mao and Chinese CEOs
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Filed in archive strategy by leon on December 11, 2007

The breakaway success of the Chinese economy is one of the most remarkable economic stories of the last decade. No-one could have predicted that a communist state would have turned into one of the...

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News flash: Conrad Black to get between six to eight years in jail Title: News flash: Conrad Black to get between six to eight years in jail
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Filed in archive corporate crime by leon on December 10, 2007

In the lead-up to his sentencing, an unrepentant Conrad Black declared that jail would be a bore. Now he has just discovered he will have up to eight years of boredom behind bars.Judge Amy St Eve has...

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Corruption on the rise Title: Corruption on the rise
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Filed in archive Ethics by leon on December 10, 2007

About one in 10 people around the world had to pay a bribe in the past year and reported bribery has increased in some regions, such as Asia-Pacific and South East Europe. Bribery is particularly...

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White collar crime professionals Title: White collar crime professionals
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Filed in archive corporate crime by leon on December 10, 2007

Why do law, accounting and consulting firms break the law? Why is it that some firms go off the rails when others manage to stay on the straight and narrow?Some interesting insights from some Dutch...

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Cliche crunch Title: Cliche crunch
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Filed in archive markets by leon on December 09, 2007

Lost in all the talk about "subprime", "credit crunch" and "securitization"? William Safire says part of the problem is the way cliches are used to numb us into not...

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Future scanner Title: Future scanner
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Filed in archive strategy by leon on December 08, 2007

Want to take a look into the future to plan your future strategy? That's anyone's guess. But Memebox.com now offers the Future Scanner, a vaguely Digg-tool that gives some hints of future...

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Iraq's accounting black hole Title: Iraq's accounting black hole
PermaLink: http://www.soxfirst.com/50226711/iraqs_accounting_black_hole.php

Filed in archive Accounting by leon on December 07, 2007

Several weeks ago, I did a blog entry highlighting how Iraq was an accounting black hole that's vulnerable to fraud and corruption.Now we have revelations from CBS that $1 billion of military...

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PCAOB's global inspections Title: PCAOB's global inspections
PermaLink: http://www.soxfirst.com/50226711/pcaobs_global_inspections.php

Filed in archive Accounting by leon on December 07, 2007

The public company Accounting Oversight Board has a proposed policy statement that would allow it to rely hand over to its international counterparts inspections of non-US audit firms going over the...

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Coke's inside man gets up Title: Coke's inside man gets up
PermaLink: http://www.soxfirst.com/50226711/cokes_inside_man_gets_up.php

Filed in archive corporate governance by leon on December 06, 2007

So Coca Cola has announced that it's President and Chief Operating Officer Muhtar Kent will succeed Neville Isdell as chief executive.For the record, it's worth noting that in the 1990s, Kent...

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Business worried about climate change Title: Business worried about climate change
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Filed in archive risk by leon on December 06, 2007

How things have changed.Executives expect environmental issues, including climate change, to affect shareholder value far more than any other societal issue during the next five years. Their concern...

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Kick the Kringle Title: Kick the Kringle
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Filed in archive Ethics by leon on December 06, 2007

Interesting campaign being run out of Australia which could give some lessons for offices all over the world in the lead-up to Christmas.The Kick the Kringle campaign, run by Our Community which is...

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