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Learning the Sarbox ropes Title: Learning the Sarbox ropes
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Filed in archive SOX by leon on November 30, 2007

Earlier this month, I did a blog entry explaining why Sarbanes-Oxley was unlikely to get overhauled in the near future. Simply put, businesses and auditors are getting used to it and getting rid of...

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Shareholder rights wronged Title: Shareholder rights wronged
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Filed in archive shareholder activism by leon on November 30, 2007

This week's extraordinary decision by the Securities and Exchange Commission to let companies deny shareholders access to annual proxy ballots is another victory for the bosses and companies like...

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Shorter jail term for the "spiritual" Conrad Black? Title: Shorter jail term for the "spiritual" Conrad Black?
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Filed in archive corporate crime by leon on November 29, 2007

Instead of 24-30 years in jail, Conrad Black might only be looking at four and a half years, if a secret pre-sentencing report is given any weight.The document, reports The Times, claims the scope of...

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Ethics danger signals Title: Ethics danger signals
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Filed in archive Ethics by leon on November 29, 2007

First the good news. The number of formal ethics and compliance programs is on the rise. And companies with well-implemented programs are doing more reporting.The bad news, according to a new survey,...

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Climate change changes Title: Climate change changes
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Filed in archive strategy by leon on November 28, 2007

Like globalisation and information technology, climate change is transforming business, society, politics, workplaces, careers and management. In fact, it might in the end have an even bigger impact...

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Citigroup junk Title: Citigroup junk
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Filed in archive markets by leon on November 28, 2007

The Abu Dhabi Investment Authority's $7.5 billion bailout of Citigroup, for a near 5 per cent stake, has been portrayed as an expression of confidence in Citigroup, a real win-win which at least...

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Wal-Mart scores low on corporate equality Title: Wal-Mart scores low on corporate equality
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Filed in archive Ethics by leon on November 27, 2007

Wal-Mart continues to come in very low on the Corporate Equality Index 2008 which assess companies on how they go about treating their gay, lesbian, bisexual and transgender (GBLT) workers. Criteria...

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Enron, stakeholders and the consequences for corporate governance Title: Enron, stakeholders and the consequences for corporate governance
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Filed in archive corporate governance by leon on November 27, 2007

The fallout from the Enron trial continues. The case was so big, the malfeasance so horrifying in its depth and pathology, that one suspects the fallout will be around for some time. It resulted in...

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Private equity: who makes money? Title: Private equity: who makes money?
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Filed in archive markets by leon on November 26, 2007

There is nothing wrong with making bags of money from private equity. But questions are being raised about who actually makes the profits.The Financial Times reports that a new study, based on data...

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SOX squeezes supply chains Title: SOX squeezes supply chains
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Filed in archive SOX by leon on November 26, 2007

The supply chain is never the sexiest of topics. But it's become absolutely critical in a global economy where consumers have more power and where pressures for accountability are growing. So...

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Darling regrets Title: Darling regrets
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Filed in archive regulators by leon on November 23, 2007

Heads are rolling after the massive blunder that has seen the two computer discs carrying the private information of 25 million child benefit claimants in Britain going missing. And the Chancellor of...

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Subprime panic sets in Title: Subprime panic sets in
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Filed in archive markets by leon on November 23, 2007

Which way for the US economy? As reported in the Knowledge@WP Carey series, Dr. Ken Mayland, president of Ohio-based ClearView Economics maintains that the supposed threats to the US economy are...

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Training moral leaders Title: Training moral leaders
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Filed in archive Ethics by leon on November 22, 2007

In the past, I have done blog entries looking at the difference between morality and ethics and questioning why business schools have failed to address this issue.Now it's good to read a report...

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Questions from ethics classes Title: Questions from ethics classes
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Filed in archive Ethics by leon on November 22, 2007

Here is a list of frequently asked questions you get at leadership training workshops focusing on ethics. Having come along to a few of these to help out, I'm always struck that the same...

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Subprime pay packages Title: Subprime pay packages
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Filed in archive markets by leon on November 21, 2007

Investors might have lost a fortune with Wall Street's top banks writing off billions in trading losses related to the credit crunch, sparked by by defaults on sub-prime mortgages. Even Swiss Re,...

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GAO slates SEC, again Title: GAO slates SEC, again
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Filed in archive regulators by leon on November 21, 2007

Five years on, and cost is still the big issue surrounding Sarbanes-Oxley. Non-compliance with Section 404 spells disaster for companies with massive falls in the value of the stock.But the corporate...

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Keeping up with the Joneses: bubbles and herding behavior Title: Keeping up with the Joneses: bubbles and herding behavior
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Filed in archive markets by leon on November 20, 2007

The subprime meltdown is the latest example of flawed logic that resulted in a bubble and house of cards. I mean, what were these people thinking? You have people with no proof of income being able...

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Virtual theft, real world law Title: Virtual theft, real world law
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Filed in archive Compliance by leon on November 20, 2007

Earlier this year, I did an entry looking at how the virtual world of Massively-Multiplayer Online Role-Playing Games needs regulation. Obviously police are waking up to this with revelations about...

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Subprime everywhere Title: Subprime everywhere
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Filed in archive risk by leon on November 19, 2007

With Barclay's Bank, Britain's third biggest bank, joining the growing list of banks taking multi-billion hits on subprime and with Goldman Sachs warning that leveraged investors may need to...

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The Wizard of Oz and corporate governance Title: The Wizard of Oz and corporate governance
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Filed in archive corporate governance by leon on November 19, 2007

With serious questions around the Securities and Exchange Commission's plans to revamp board election, as reported in The Wall Street Journal, it's worth looking at alternative proposals to...

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Curveball questions Title: Curveball questions
PermaLink: http://www.soxfirst.com/50226711/curveball_questions.php

Filed in archive shareholder activism by leon on November 18, 2007

When I attend annual meetings, I am often struck that no-one asks hard questions. The kind that make the CEO and directors squirm.PricewaterhouseCoopers has put out a list of questions to ask at...

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