Filed in archive executive pay
by leon on November 17, 2006
American bosses continue to rake it in, with their average annual cash bonuses going up by close to half and total cash compensation up by about one-third, according to research released by the...
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Filed in archive Ethics
by leon on November 16, 2006
I have written about how organisations are designed to stop people from speaking out. I have written about how fear in the workplace and hierarchical organisations discourage whistleblowers. I've...
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Filed in archive Accounting
by leon on November 15, 2006
Now that they have roared back into power, one of the first things the Democrats have done is introduce legislation in the House and Senate extending the life of the Office of the Special Inspector...
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Filed in archive SOX
by leon on November 15, 2006
Silicon Valley venture capitalists will finally see Sarbanes-Oxley being wound back. They have been pushing politicians and regulators hard to water down the legislation, claiming it had resulted in...
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Filed in archive Accounting
by leon on November 14, 2006
With regulators in Britain warning companies to draw up contingency plans in case one of the big four accounting firms collapses, attention is again drawn to the unhealthy dominance of the big...
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Filed in archive Compliance
by leon on November 13, 2006
Might be something in the water! Or is it just the regulations?Employees on Wall Street are much more aware of the regulatory compliance culture and electronic monitoring of their email than their...
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Filed in archive corporate crime
by leon on November 13, 2006
With Conrad Black's fraud trial nearing, the revelations are now coming thick and fast with the release of London journalist Tom Bower's new book Conrad and Lady Black: Dancing On The...
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Filed in archive Accounting
by leon on November 11, 2006
When accountants start talking about getting innovative and radical, it's time to sit up.And when the world's six biggest accounting firms join forces and publish a report that calls for,...
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Filed in archive risk
by leon on November 10, 2006
Prepare for a new wave of bankruptcies over the next six to 18 months, experts are predicting.There are a number of triggers that could set off the wave of bankruptcies, reports CFO.com.While nearly...
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Filed in archive SOX
by leon on November 10, 2006
With Tuesday's thumping of the GOP signalling the beginning of the post-Bush era, expectations are running strong that Sarbanes-Oxley will now get its long-awaited overhaul.The Democrats will...
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Filed in archive strategy
by leon on November 09, 2006
With the UN conference on climate change now under way in Nairobi, with new reports of Rupert Murdoch having a change of heart on climate and now calling for a new global treaty, and with reports...
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Filed in archive Ethics
by leon on November 08, 2006
Beware of companies bearing gifts. Corporate social resonsibility is not to be trusted because it has built-in incentives for hypocrisy. Such is the warning from financier George Soros.Speaking at a...
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Filed in archive Ethics
by leon on November 08, 2006
Earlier this year, I did a blog entry attacking Body Shop founder Anita Roddick when she called for a consumer boycott of nestle products, despite the fact that Nestle was a major shareholder in...
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Filed in archive Ethics
by leon on November 07, 2006
Interesting findings from the Transparency International 2006 Corruption Perceptions Index (CPI).The CPI is based on expert opinion surveys of public sector corruption in 163 countries around the...
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Filed in archive strategy
by leon on November 07, 2006
Fascinating study from three academics looking at the relationship between political contributions and stock price. Michael Cooper from the University of Utah and Huseyin Gulen and Alexei...
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Filed in archive SOX
by leon on November 06, 2006
If the Democrats win control of one or both houses of Congress this week, what's the outlook for Sarbanes-Oxley?In a pitch for the business vote, Massachusetts Democrat Barney Frank says...
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Filed in archive SOX
by leon on November 06, 2006
Trust in institutions is in serious decline, writes commentator Sebastian Mallaby.It's a trend that only began in the noughties, says Mallaby. Trust in Government started declining from the time...
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Filed in archive Accounting
by leon on November 05, 2006
Earlier this week, I did a blog entry on the problems doing the accounting for Iraqi reconstruction.Now we have the extraordinary news that the Bush administration is closing down the Office of the...
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Filed in archive regulators
by leon on November 03, 2006
Pencil in March 26. That's when Citigroup has to deal with the lawsuit over insider trading and failure to manage its conflicts of interest.Citigroup is being sued by the Australian Securities...
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Filed in archive risk
by leon on November 03, 2006
A study on corporate security from the Conference Board and commissioned by the Department of homeland security has found some gaps in the way companies are approaching security. It also sends a...
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Filed in archive Accounting
by leon on November 02, 2006
We have talked many times how Sarbanes-Oxley has turned into an El Dorado for accountants. We've explored that here and here and here and here.Not content with that, the Big Four are now moving...
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Filed in archive Accounting
by leon on November 02, 2006
With the cost of the war in Iraq now at $2 trillion, and climbing, according to estimates from researchers including Nobel Laureate Joseph Stiglitz, it's alarming to read news reports of a US...
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