Filed in archive strategy
by leon on September 18, 2006
Most mergers end up as disasters. Studies shows that as many as 75 per cent fail to deliver value for shareholders.So why are so many mergers like groundhog Day? Why the same mistakes over and over...
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Filed in archive risk
by leon on September 18, 2006
Things are looking good but tread carefully. That's the warning that came out last week from the International Monetary Fund.Basically, the IMF has tipped strong economic growth continuing out of...
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Filed in archive SOX
by leon on September 16, 2006
So the trans-Atlantic slanging match has started over the pledge from Ed Balls, the economic secretary to the Treasury, to give Britain's Financial Services Authority, the City's main...
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Filed in archive corporate crime
by leon on September 15, 2006
This Q&A with Enron juror Wendy Vaughan in Inc magazine confirms the warning signs of a company going under.Vaughan, a small business owner from Katy, Texas, confirms that the systemic arrogance,...
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The Hewlett-Packard spy-pretexting fiasco will probably go down as a case study in flawed corporate governance.Here's a board that tried fixing a problem about a director leaking, and made a mess...
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Filed in archive strategy
by leon on September 14, 2006
Google has moved into philanthropy and, not surprisingly, the company is breaking new ground and killing a few sacred cows in the process.Google has set up a philanthropy to fight poverty, disease...
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Filed in archive SOX
by leon on September 14, 2006
It's an interesting question and the answer, I suspect, is yes and no.Corporate governance regimes around the world have been overhauled in the aftermath of the corporate scandals led by Enron....
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Filed in archive SOX
by leon on September 13, 2006
Just weeks after US Treasury Secretary Hank Paulson delivered his first big speech advocating unwinding parts of Sarbanes-Oxley, a new commission is formed to look at changing Sarbanes-Oxley.And...
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Filed in archive Accounting
by leon on September 12, 2006
Yes, we all know accountants are the real winners out of Sarbanes-Oxley. The changes in the law have been an El Dorado for beancounters, something I have written about here, here and here.But...
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Filed in archive Ethics
by leon on September 12, 2006
Whenever companies are hit by scandal, we are told they're just bad apples. Don't believe it. The problem is a lot more complicated than that and usually, these sorts of scandals are best...
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Filed in archive corporate crime
by leon on September 11, 2006
True to form, Conrad Black has gone for attack as the best form of defence.Facing up to 40 years in jail for plundering Hollinger International, the newspaper group he used to lead, Black told...
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Filed in archive Ethics
by leon on September 11, 2006
With Hewlett-Packard in turmoil over the dubious tactics used to used to access private phone records of board directors and journalists, HP chief executive officer Mark Hurd has put out a message to...
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Filed in archive risk
by leon on September 09, 2006
Last month I wrote about the lost laptop lunacy where I revealed that four out of five US companies had lost at least one laptop containing sensitive information over the past year and that most...
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Filed in archive executive pay
by leon on September 08, 2006
Someone's sure making money out of the war on terror and soaring oil prices!Last year might have been another monster year for corporate CEO salaries but guess what: oil and defense industry...
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Filed in archive corporate crime
by leon on September 08, 2006
Even after his death, Ken Lay continues to shape the debate over corporate crime and punishment.Prosecutors have asked the court hold off the late Enron chief's fraud and conspiracy convictions...
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Filed in archive executive pay
by leon on September 08, 2006
While Congress is looking into what it can do about options backdating and soaring executive pay, some interesting revelations have emerged in Australia about another options scam.ISS Australia has...
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Story of the week would have to be the revelations of Hewlett-Packard's chairwoman Patricia Dunn spying on the home phone records of the company's directors, as reported in full detail the...
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Filed in archive SOX
by leon on September 06, 2006
The Securities and Exchange Commission has come out in defence of the Public Accounting Oversight Board against the lawsuit challenging its constitutionality.The lawsuit, filed in February by the...
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Filed in archive Accounting
by leon on September 06, 2006
Everyone knows that Sarbanes-Oxley has been a licence to print money for auditors and accountants.And the latest figures from the CCH Public Accounting Report show that revenue growth rates reported...
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Filed in archive SOX
by leon on September 05, 2006
Whistleblowers are now regarded as a key issue in the post Sarbanes-Oxley world with the law specifically providing them with protection from discrimination.But how many organisations have methodical...
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