Filed in archive markets
by leon on October 18, 2007
Have just finished reading Supercapitalism by Robert Reich, former US president bill clinton's Secretary of Labor. Reich will always be known as the liberal outsider in what tried presenting...
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Filed in archive Compliance
by leon on October 18, 2007
A few years ago, carbon trading was seen as a niche business. Not any more. There is now a growing recognition that it is set to become the world's biggest commodity market. Potentially, it could...
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Filed in archive markets
by leon on October 17, 2007
So Bear Stearns shares are up after it was revealed that China Citic Group wants to buy a stake in the troubled US investment bank. Let's forget for a moment about the flawed business models that...
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Filed in archive Accounting
by leon on October 17, 2007
Internal audit teams are being stretched more than ever and they are having trouble finding the right people to fill the gaps, according to a new report.Ernst & Young's Global Internal Audit...
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Filed in archive risk
by leon on October 16, 2007
The rule of thumb with risky investment is that it cuts both ways. The present new opportunities for big gains but there is also the danger of being wiped out. It applies to all sorts of financial...
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Filed in archive executive pay
by leon on October 16, 2007
Loading up CEOs with options leads to riskier performance, according to new research.A study, Swinging for the fences: the effects of CEO stock options on company risk-taking and performance , found...
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Filed in archive Accounting
by leon on October 15, 2007
Earlier this year, I looked at some of the problems the Public Company Accounting Oversight Board has doing its job.These include, for example, the amount of time that passes between the PCAOB...
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Filed in archive Ethics
by leon on October 15, 2007
How hard is it for companies to use their action on climate change to win over consumers? Just about impossible, if new research from The Climate Group is anything to by.Research of consumer...
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Filed in archive Ethics
by leon on October 12, 2007
When ethics scandals hit, it tends to be the fault of certain individuals inside the organization. More often than not, they have allowed their own personal values to infect the organization.So how...
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Filed in archive strategy
by leon on October 12, 2007
How can we tell whether a company will keep innovating? Check the language of the CEO, according to a new study.In their paper, Managing the Future: CEO Attention and Innovation Outcomes, the...
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Filed in archive Accounting
by leon on October 11, 2007
Earlier this month, I looked at Judge Lewis Kaplan raising important questions about the way the US Government was abusing its powers in the prosecution of alleged wrongdoers. Kaplan made...
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Filed in archive SOX
by leon on October 11, 2007
Last year I raised the question: Is Sarbanes-Oxley choking innovation?. The fundamental issue here is whether SOX is encouraging inaction over action and paralysis by analysis.Added to this debate is...
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Filed in archive Accounting
by leon on October 10, 2007
The good news is that over the last decade, more than 50 per cent of accounting graduates have been female. The bad news is that they are not moving into senior level position at the same rate as...
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Filed in archive executive pay
by leon on October 10, 2007
Corporations are not really doing that well when it comes to explaining to investors how executives are compensated and what exactly they have to do to earn their bucks, says the Securities and...
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Filed in archive SOX
by leon on October 09, 2007
Sarbanes-Oxley has limited impact because its penalties are relatively weak when compared to other statutes, says Lisa Nicholson, Associate Professor of Law at the University of Louisville.In her...
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Filed in archive risk
by leon on October 09, 2007
Early last year, i did a blog entry looking at the views Massachusetts Institute of Technology's Professor Yossi Sheffi. He argued that many companies struggle with risk management because...
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Filed in archive corporate crime
by leon on October 08, 2007
The pompous greed-head might be facing decades in jail, he might be barred from returning to the country of his birth, but convicted crook Conrad Black has shown he has an extraordinary ability to...
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Filed in archive risk
by leon on October 08, 2007
Do one or two of your employees have very close relationships with vendors? Do any key employees have outside business interests that might conflict with their job duties? Do any appear to dominate...
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Filed in archive SOX
by leon on October 06, 2007
Will they recommend changes to Sarbanes-Oxley or not?That's the million dollar question with Treasury Secretary Hank Paulson announcing the make-up of the Treasury Advisory Committee on the...
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Interesting take from the global spin merchants at the Brunswick Group on how to deal with shareholder activists.As detailed by Alan Rappeport in CFO.com, the group has provided 10 tips for handling...
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