So six out of 10 directors want Sarbanes-Oxley scrapped or overhauled according to Korn/ferry International's latest Board of Directors Study. The directors say the regime has made boards too...

Top New York class action law firm Milberg Weiss Bershad Schulman is in the gun. Bloomberg reports that prosecutors have told two of its partners, Steve Schulman and David Bershad, that they can...

Welcome to Dumbsville.First, a red-faced H&R Block, which helps millions of people do their taxes, comes out with the embarrassing news that it messed up its own tax bill and that it owes another...

With the growing push by shareholder activists to change the rules so that directors would need a majority of votes to join boards, BusinessWeek poses the question: Should Directors Be...

Moves by a Securities And Exchange Commission advisory panel to exempt 80 per cent of companies from having their internal controls certified have come under fire from former SEC heavies, Paul...

Last year, US Chamber of Commerce president and chief executive Thomas J. Donohue gave an address calling on all publicly traded companies to stop offering quarterly earnings guidance, saying these...

With KPMG still fighting to hose down trouble over its tax shelters the firm has been dragged over the coals again. This time, the Securities and Exchange Commission is taking action over two of its...

So David Edmondson, who admitted to lying about his academic credentials, has quit as RadioShack chief executive.CV fraud is not uncommon.Interestingly, his resignation announcement did not mention...

Attention shifts to the Securities and Exchange Commission's Advisory Committee on Smaller Public Companies which meets today.Sarbanes-Oxley seems to be unravelling with the committee's draft...

radioshack is in damage control, now that it's closing down stores after announcing its fourth quarter profit plunged 62 per cent.But not surprisingly, most of the focus is on the lies that CEO...

Interesting account from Lynn Brewer, an Enron whistleblower, about the problems she faced bringing wrongdoing to light.One of the big problems, she says, is not just about confronting the resistance...

The latest Trust Barometer put out by global public relations giant Edelman is a sobering read for business and government.Tracking views of 2000 opinion leaders around the world, it found trust in...

IBM's Global Security Intelligence has warned that there will be a big shift in cybercrime this year. Along with mobile devices, instant messaging from botnets, blogging-led security leaks,...

With the Enron trial now underway, the question arises how so many experts were fooled about the worthless company's purported financial success before it went belly-up. Management guru Gary...

With the SEC is tightening rules on executive compensation, an exercise aimed at creating greater transparency regarding company compensation policies, it's probably worth taking a look at the...

Want your daily fix on the Enron trial? The best coverage I have seen is coming out the Houston Chronicle. Apart from the news stories, check out the Chronicle's daily blog Enron: Trial Watch and...

In Australia, the AWB-oil for food inquiry has claimed its first major scalp with the head of the AWB Andrew Lindberg resigning in the wake of allegations made in the UN report by former U.S. federal...

Kenneth Starr, who shot to Fame as the prosecutor in the White House Monica Lewinsky case, is part of a legal team challenging the constitutionality of the Public Company Accounting Oversight Board...

The prosecution deal the Government struck with KPMG for it to avoid prosecution over dodgy tax shelters is coming under scrutiny.Yes, these things are inevitable when the lawyers move in. Still, the...

By Viagra!! With Yahoo and AOL planning a service that will charge businesses to send email , claiming the fee would help reduce fraudulent and spam email, Charles Kraeuter of Forbes has a...

Last month's World Economic Forum was told that concerns about offshoring were overblown and that for the first time in our history, you don't need physical proximity to be successful....