Filed in archive
Compliance
by leon on November 30, 2005
The latest figures from AMR Research show that companies will spend $6 billion on Sarbanes-Oxley compliance in 2006. That's pretty pretty much in line with what was spent last year. Still, nobody ...
Filed in archive
Accounting
by leon on November 29, 2005
Jack Ciesielski's Analyst's Accounting Observer (AAO) blog draws our attention to a piece in the Wall Street Journal about a "liability cap" agreement between Sun Microsystems and it...
Filed in archive
corporate governance
by leon on November 28, 2005
Suddenly big business wants to get close to shareholders. A fight has broken out with the Business Roundtable, which represents big time CEOs, calling on the Securities & Exchange Commission to fo...
Filed in archive
Ethics
by leon on November 27, 2005
Minnesota's Corporate Directors Academy, a project of the Caux Round Table and the Hendrickson Institute for Ethical Leadership at St. Mary's University of Minnesota, has started producing dir...
Filed in archive
corporate crime
by leon on November 27, 2005
Accused of working in a scheme designed to loot more than $80 million from Chicago-based publishing company Hollinger, Conrad Black has called the charges a "massive smear job" and has predi...
Filed in archive
corporate governance
by leon on November 27, 2005
Why is a corporation like a stray cat? Both need owners, according to corporate governance champion Bob Monks. In this Business Ethics magazine interview, Monks says institutions are not doing enough ...
Filed in archive
Accounting
by leon on November 24, 2005
The Government has walked away from its star case on corporate malfeasance by closing the books on accounting firm Arthur Andersen and deciding not to retry the case. "Why would you charge a comp...
Filed in archive
Accounting
by leon on November 23, 2005
Britain's Financial Services Authority has warned that the dominance of the so-called Big Four accounting firms, and the problems regulating them, could present problems for market confidence. In ...
Filed in archive
boards of directors
by leon on November 22, 2005
A former board member of Enron, Raymond Troubh has positioned himself as a champion of corporate governance reform. He wants a radical overhaul of the way boards operate. His proposals include closer ...
Filed in archive
Ethics
by leon on November 21, 2005
The ethics industry has been booming ever since the US Sentencing Commission ruled that one of the things courts had to take into consideration when bringing bad companies to book was whether they had...
Filed in archive
executive pay
by leon on November 20, 2005
The backlash against those appalling golden parachute payments for executives is gathering momentum. The DealLawyers blog alerts us to those moves in Congress forcing companies to ask their owners (i....
Filed in archive
Accounting
by leon on November 19, 2005
Not a great month for accountants. First KPMG's woes continued with a senior US tax official blasting the firm for putting "profits over professionalism" with the abusive tax shelters in...
Filed in archive
boards of directors
by leon on November 18, 2005
Bosses of basketcase companies are being thrown in the slammer but where do the directors of these bad businesses go to? An analysis of companies like Enron, WorldCom, Adelphia, Global Crossing, Waste...
Filed in archive
SOX
by leon on November 17, 2005
Red tape or a chance to drill deep and find opportunities? That's the choice thrown up by Section 404 of Sarbanes-Oxley which holds managers responsibile for internal controls and requires auditor...
Filed in archive
boards of directors
by leon on November 15, 2005
A new study suggests bosses and boards have over-reacted to the parade of corporate scandals. Many it seems are forgetting about strategy. The study classifies boards into two categories: "invest...
Filed in archive
Compliance
by leon on November 14, 2005
The costs of SOX compliance. Some businesses still say they are burning money. In the beginning, there was talk of it being an initial one-off cost, but the latest from AMR Research says compliance ov...
Filed in archive
Compliance
by leon on November 12, 2005
One of the most striking features in corporate scandals in recent years is the role of email. When Morgan Stanley was ordered earlier this year to pay $1.45 billion to billionaire financier Ronald Per...
Filed in archive
boards of directors
by leon on November 12, 2005
Women coming into the workforce now tend to be better educated than men. They are also better at multi-tasking and, more often than not, are the ones who make all the major consumer decisions for hous...
Filed in archive
boards of directors
by leon on November 12, 2005
How many company directors are babes in the wood? Naive passengers who don't ask the tough questions. The latest edition of Boardroom INSIDER gives some tips on what to look out for on a company&#...
Filed in archive
SOX
by leon on November 12, 2005
Like it or not, Sarbanes-Oxley is here to stay and greater scrutiny means that demands for transparency and appropriate corporate governance are only going to increase. It was tough enough when compan...
Filed in archive
by leon on November 11, 2005
I am Leon Gettler. I am a senior business journalist at The Age, a leading Australian broadsheet newspaper. I specialize in writing about management issues which covers a range of areas including stra...
