We have talked many times about how Sarbanes-Oxley has turned into a goldmine for accountants.The other lot that's made big gains are the lawyers. Sarbanes-Oxley means we're now seeing more...
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While heads have rolled in response to the financial crisis, boards of directors have remained relatively unscathed.As the Financial Times points out, there is a real shortage of director talent when...
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Directors pay is going up, according to a new study from the Corporate Library.Directors' pay has gone up 12 per cent and the explanation given is that it's because of the increased workload....
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Following the uproar over the scandals linking corrupt to corrupt politicians, and corporate money finding its way into the pockets of both parties, company directors say they want disclosure. But...
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Sitting on a dysfunctional board is soul-destroying. But what are the pathologies? Some good insights from Beverly Behan at BusinessWeek in her piece Boards Behaving Badly.Types she identifies are...
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Compared to the CEO, most company directors aren't paid that excessively. The fees are comfortable, but generally it's not excessive.But a handful of companies are paying their outside...
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How much protection do directors have if climate change lawsuits come in?That's an important question raised in this paper, Global Warming - Will There Be Exposures For Directors And Officers And...
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I have talked about climate change liability risks for company directors here and here. Climate change has all the potential of turning into a major corporate governance issue.Jeffrey Smith and...
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Earlier this year, I looked at how an Australian regulatory authority, the Takeovers Panel, was moving to address conflicts of interest that occur in private equity takeovers where managers and...
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As expected, most companies in the US are continuing to fill their board rooms with the same sorts of people: white, male and mostly in their 50s. According to a new report, Women on Boards: Missed...
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While the Bush administration has gone for a hands-off approach to hedge funds and private equity, as reported last week in the International Herald Tribune, the Australian regulatory authority has...
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With at least 140 companies including UnitedHealth and Apple saying they are being examined by federal authorities or are reviewing the way they timed their stock-option grants, the role of company...
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Breaking the glass ceiling is not easy. According to one study, it would take women 40 years to catch up to men in the corporate world. That's assuming everything remains static on the other side...
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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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The gene pool of directors is shallow. Companies are now under pressure to recruit from a broader base. But how do you train directors? Apart from having the right skills, what do you need to do to...
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Women's progress up the corporate ladder is so slow that it would take them 40 years to catch up with men, according a new Catalyst study.The study found that average growth in the percentage of...
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Enron has shaken the corporate world to its foundations. The trial is over but directors and managers are still asking what lessons are to be drawn from the debacle. Chances are the questions will...
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What do Bob Geldof and Nick Mason (drummer and percussionist with Pink Floyd) have in common?They are both company directors and part of a trend now to recruit celebrity directors, according to the...
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Wiretaps on mobsters are one thing. But the US Justice Department's antitrust division will be extending them into boardrooms under the Antitrust Investigative Improvements Act of 2005 introduced...
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