Filed in archive SOX
by leon on November 30, 2007
Earlier this month, I did a blog entry explaining why Sarbanes-Oxley was unlikely to get overhauled in the near future. Simply put, businesses and auditors are getting used to it and getting rid of...
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This week's extraordinary decision by the Securities and Exchange Commission to let companies deny shareholders access to annual proxy ballots is another victory for the bosses and companies like...
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Filed in archive corporate crime
by leon on November 29, 2007
Instead of 24-30 years in jail, Conrad Black might only be looking at four and a half years, if a secret pre-sentencing report is given any weight.The document, reports The Times, claims the scope of...
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Filed in archive Ethics
by leon on November 29, 2007
First the good news. The number of formal ethics and compliance programs is on the rise. And companies with well-implemented programs are doing more reporting.The bad news, according to a new survey,...
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Filed in archive strategy
by leon on November 28, 2007
Like globalisation and information technology, climate change is transforming business, society, politics, workplaces, careers and management. In fact, it might in the end have an even bigger impact...
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Filed in archive markets
by leon on November 28, 2007
The Abu Dhabi Investment Authority's $7.5 billion bailout of Citigroup, for a near 5 per cent stake, has been portrayed as an expression of confidence in Citigroup, a real win-win which at least...
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Filed in archive Ethics
by leon on November 27, 2007
Wal-Mart continues to come in very low on the Corporate Equality Index 2008 which assess companies on how they go about treating their gay, lesbian, bisexual and transgender (GBLT) workers. Criteria...
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The fallout from the Enron trial continues. The case was so big, the malfeasance so horrifying in its depth and pathology, that one suspects the fallout will be around for some time. It resulted in...
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Filed in archive markets
by leon on November 26, 2007
There is nothing wrong with making bags of money from private equity. But questions are being raised about who actually makes the profits.The Financial Times reports that a new study, based on data...
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Filed in archive SOX
by leon on November 26, 2007
The supply chain is never the sexiest of topics. But it's become absolutely critical in a global economy where consumers have more power and where pressures for accountability are growing. So...
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Filed in archive regulators
by leon on November 23, 2007
Heads are rolling after the massive blunder that has seen the two computer discs carrying the private information of 25 million child benefit claimants in Britain going missing. And the Chancellor of...
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Filed in archive markets
by leon on November 23, 2007
Which way for the US economy? As reported in the Knowledge@WP Carey series, Dr. Ken Mayland, president of Ohio-based ClearView Economics maintains that the supposed threats to the US economy are...
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Filed in archive Ethics
by leon on November 22, 2007
In the past, I have done blog entries looking at the difference between morality and ethics and questioning why business schools have failed to address this issue.Now it's good to read a report...
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Filed in archive Ethics
by leon on November 22, 2007
Here is a list of frequently asked questions you get at leadership training workshops focusing on ethics. Having come along to a few of these to help out, I'm always struck that the same...
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Filed in archive markets
by leon on November 21, 2007
Investors might have lost a fortune with Wall Street's top banks writing off billions in trading losses related to the credit crunch, sparked by by defaults on sub-prime mortgages. Even Swiss Re,...
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Filed in archive regulators
by leon on November 21, 2007
Five years on, and cost is still the big issue surrounding Sarbanes-Oxley. Non-compliance with Section 404 spells disaster for companies with massive falls in the value of the stock.But the corporate...
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Filed in archive markets
by leon on November 20, 2007
The subprime meltdown is the latest example of flawed logic that resulted in a bubble and house of cards. I mean, what were these people thinking? You have people with no proof of income being able...
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Filed in archive Compliance
by leon on November 20, 2007
Earlier this year, I did an entry looking at how the virtual world of Massively-Multiplayer Online Role-Playing Games needs regulation. Obviously police are waking up to this with revelations about...
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Filed in archive risk
by leon on November 19, 2007
With Barclay's Bank, Britain's third biggest bank, joining the growing list of banks taking multi-billion hits on subprime and with Goldman Sachs warning that leveraged investors may need to...
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With serious questions around the Securities and Exchange Commission's plans to revamp board election, as reported in The Wall Street Journal, it's worth looking at alternative proposals to...
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