Hat tip to Broc Romanek's CorporateCounsel.net blog for alerting us to the trend in lawyers' pay. Not quite hedge fund manager territory but impressive nonetheless.Just three years out of law...

Merrill Lynch has shown the world that it's possible to get rich from failure, at least on Wall Street, with its announcement yesterday that after a loss of $2.2 billion last quarter following an...

Climate change will affect businesses enormously. But it's not just about risk mitigation. Climate change also opens new opportunities to develop new markets and strategies. Some interesting...

Over the last decade, big US corporations have been sued under the 200-plus year Alien Torts Claims Act (ATCA).The ATCA, passed in 1789, was one of the first laws passed by the new American republic....

Beware of charismatic leaders - they're much more susceptible to disastrous ethical lapses.That's the warning from Marianne Jennings, professor of legal and ethical studies in the Department...

One thing for sure: the conflict in Iraq has been a nice little earner for certain parties.Most recently, we have had the Los Angeles Times revealing US Secretary of State Condoleezza Rice fessing up...

Hat tip to my mates at Audit Trail who have pointed out that Sarbanes-Oxley has emerged as an issue in the run-up to the presidential elections.Over in one corner, we have reports of GOP front-runner...

One world, one set of accounting standards? Think again, it's not going to happen that quickly. There's a fair bit of resistance out there not to mention some unresolved issues.According to a...

With a looming Sarbanes-Oxley deadline for smaller companies, can smaller entities cope when there is an expected shortage of auditors? After December 15, between 13,000 and 14,000 companies will for...

Iraq remains vulnerable to fraud and mismanagement because no-one seems to know what the hell is going on there.A new report from the Special Inspector General for Iraq Reconstruction (SIGIR) found...

This week, I interviewed Brian Bacon, the head of international consultancy the Oxford Leadership Academy. Bacon has a client list that includes Ford, Ericsson, Coca-Cola, BP, Horwath International,...

Listed companies seem to have a knack of alienating investors and harming their share price by providing forecasts that are way off target, according to a global study.More than 70 per cent of...

Looks like Conrad Black has now got religion. Facing the prospect of being thrown in the slammer for fraud and obstruction of justice, Black is turning to God. Well, it worked for Paris Hilton after...

Back in July, I talked about research showing that the number showing that the number of securities class actions has fallen to well below average.Now we have more evidence showing the trend is...

Who does the company exist for? The shareholders or stakeholders such as employees, customers and suppliers?The answers are by no means clear if a new paper co-authored by Wharton finance professor...

Is there no end to the strange stories about Conrad Black?Unable to leave the United States, the convicted felon has taken to signing copies of his new book in Toronto.All done using digital and...

What impact does it have on CFOs when the company admits it has screwed up and makes a material weakness disclosure under Section 404? Not real flash, according to a new study.The study, The Effects...

There are some real doozies around but this one is too good to ignore.In Canada, a hedge fund manager Paul Eustace made the wrong call on US interest rates, lied to investors, lost $208-million,...

Average losses from fraud are on the rise, according to a new report. The PricewaterhouseCoopers study, Economic crime: people, culture and controls looked at 5428 companies in 40 countries, and over...