New BAE boss Ian King has vowed to improve the company's ethical standards in the wake of the Woolf Report into the company's ethics following allegations of bribery and corruption, and the...

Interesting piece in The Economist about a new business model in Asia where multiplayer online games rely on a strategy where the the company gives away the software as a free download and lets users...

The world is in the grip of a water crisis and government corruption is making it worse, according to a new Transparency International report.According to the report, corruption adds significantly to...

The business-friendly US Supreme Court has once shown that persistence pays off. Especially when it's coming from the big end of town.The Supremes have cut the 1994 $5 billion punitive damages...

Conrad Black has lost his appeal against convictions for fraud and obstructing the course of justice. That means he will now almost certainly serve the six-and-a-half prison sentence handed out to...

Call it a sign of the times. Disturbing piece in Newsweek about how businesses are now paying $10,000 a month for so-called "psychic consultants" , to provide advice and help build...

The International Accounting Standards Board which is now looking into fair value (relax, they are not expected to come up with anything final before 2011), has been attacked lately.Earlier this...

For the fifth time, the Securities and Exchange Commission has decided to give smaller companies another year stay of grace before complying with the audit requirements of Sarbanes-Oxley. But...

About 10 years after the OECD Anti-Bribery Convention, and it looks like the battle against corruption is going nowhere.According to a Transparency International report, has found that more than half...

Jeff Skilling got a sentence twice as long as other Enron convicts. Enron's former chief executive is now serving 24 years in the slammer but he has an appeal underway.Now there are suggestions,...

It's hardly news but almost six years on, and corporate America still hates Sarbanes-Oxley.According to the National Survey of CEOs on Business Ethics, by Georgia State's Center for Ethics...

The Siemens bribery scandal gets wider and wider.Now we have reports that the bribe money was distributed through a German company owned by three banks. Needless to say, the banks have all since...

Big day for arrests.First, we have the arrest of the two former Bear Stearns hedge fund managers Ralph Cioffi and Matthew tannin on charges of conspiracy, securities fraud and wire fraud as part of...

It had to happen. When markets are troubled, big government steps in.us treasury Secretary Henry Paulson will be pushing to give the Federal Reserve more power over markets. His speech, strategically...

Some striking revelations from Congressman Henry Waxman. chairman of the House Committee on Oversight and Government Reform.In this letter to the US Department of Defense's Inspector General,...

Last week, I looked at how European auditors were on the way to getting limited liability.Now it looks like their US counterparts are going to get the same thing with reports that the Securities and...

Two lawsuits with potentially massive consequences.Buffalo-based M&T Bank is suing Deutsche Bank for $82 million, claiming for $82 million, claiming Deutsche Bank fraudulently sold M&T...

Two former Bear Stearns hedge fund managers Ralph Cioffi, and Matthew tannin, now face the prospect of criminal charges, reports Bloomberg.Given the fallout from the battering the investment bank...

It had to happen. Writing in the Harvard Business Review blog, Andrew Winston talks about the rise of the "conflicted consumer", the one who will buy products that are environmentally or...