1. Articles in category: BoardNews

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    1. The Savola Group Hosts the Second BDI Members Roadshow to Celebrate Five

      /PRNewswire/ -- Chairman of Saudi Capital Market to Deliver Keynote Address On Wednesday, September the 12th, GCC "Board Directors Institute" (BDI) will be held in Riyadh for the second meeting of their GCC Roadshow programme which highlights the importance of corporate governance and the effectiveness of Board of directors,  which kicked off in May in Manama, Bahrain.  The event is being hosted by The Savola Group, a diverse enterprise specializing in Foods, Consumer Retail, and Packaging. The

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    2. Procter & Gamble directors face own challenges

      As executives confront financial, operational and macroeconomic difficulties at the companies they run * Bloomberg * Published: 16:15 September 4, 2012 * Gulf News * Michigan: Procter & Gamble Co.’s directors are facing a time management challenge: monitoring Chief Executive Officer Robert McDonald’s turnaround plan while running their own companies. Until Angela Braly resigned as WellPoint’s top executive last week, six of the 10 outside directors

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    3. Palo Alto Attorney Douglas Y. Park To Present on Global Ethics and Compliance

      Palo Alto Attorney Douglas Y. Park To Present on Global Ethics and Compliance

      PRWeb Thursday, August 30th 2012 Logo Search VSM: _______________ Search Advanced Silicon Valley Corporate Governance Attorney Douglas Y. Park, PhD, a Partner at Rimon, PC, in Palo Alto will participate in a webinar on global ethics and compliance issues. Palo Alto, CA (PRWEB) August 30, 2012 On September 11, 2012, Douglas Y. Park, a Partner with the law firm Rimon, PC, will participate in a panel webinar on The Role o

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    4. Board room re-shuffle at Stagecoach worries corporate governance watchers

      Outgoing Stagecoach Chief Executive Sir Brian Souter has raised eyebrows with the decision to elevate himself to part-time chairman., writes Ecclesiastical’s Neville White The puffs of muted outrage were predictably swift. Hot on the heels of their losing the joint venture West Coast rail franchise to FirstGroup, a board room re-shuffle at Stagecoach had corporate governance watchers eyebrows twitching. For the second time, long serving founder and Chief Executive Sir Brian Souter has announced

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    5. The Institute of Company Secretaries announces 2nd Corporate Governance

      The Institute of Company Secretaries announces 2nd Corporate Governance

      Padma Vibhushan, Hon'ble Justice Shri M.N. Venkatachaliah, former Chief Justice of India inaugurated the 2nd ICSI Corporate Governance Week on the theme 'Good governance for sustainability' at Vivanta by Taj today. The week long event will culminate on 31st of August, 2012 and cover cities including Mumbai, Hyderabad, Kolkata and New Delhi. The core objective was to create awareness and disseminate the exclusive practices of corporate governance and conventional corporate responsibility in the s

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    6. Corporate reform law now a decade old

      No one lit candles on a cake and sang the birthday song, but the Sarbanes-Oxley corporate reform law hit the big 1-0 this summer. The corporate governance practices that followed have become so ingrained at companies that many people now take them for granted and perhaps have forgotten, if they every knew, where they originated. It can be said the reforms came from Texas. The widespread deception and spreadsheet trickery at Houston-based Enron Corp. came to light in late 2001 and destroyed the c

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    7. Essar Energy board in full support of Ruia family member

      Essar Energy, a London-listed subsidiary of Indian family business Essar Group, is confident about its corporate governance principles, despite being criticised by a UK lobby group. That’s according to a spokesman for the energy company, who told CampdenFB that the business’s governance structure was “robust”. “The eight-strong board of Essar Energy is comprised of a majority of five independent directors, plus non-family CEO in Naresh Nayyar and two Ruia family members,” he said. 

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    8. Conflicting research findings on corporate governance

      By The Independent on August 23, 2012 in Opinion Brett Chulu CORPORATE governance is a fairly young management discipline, especially in Zimbabwe. The country has experienced serious corporate governance challenges over the past 12 months and several hypotheses have been advanced to try to explain the causes thereof. They range from poor business strategy to weak management oversight and weak regulatory regimes. This article explores conf

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    9. Australian CEOs sacrifice bonuses, wary of powerful shareholders

      SYDNEY (Reuters) - Australian bosses, including Qantas's Alan Joyce and BHP Billiton's Marius Kloppers, are forgoing big bonuses this year as tough new laws on executive pay give more power to shareholders to sack them and their boards. Related Stories Sharp lenders considering $2.5 billion more in loans - media FTC clears Facebook's acquisition of Instagram Hain Celestial to buy Premier Foods ...

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    10. CalSTRS puts small caps under microscope

      Encouraging the widespread corporate adoption of a majority-voting standard, promoting diversity on boards and collaborating to improve the way funds report environmental performance are just some of the focuses of the CalSTRS corporate governance team. Anne Sheehan, CalSTRS’ director of corporate governance, talked exclusively with top1000funds.com about what the key issues are for the self-described “activist investor”. Sheehan’s team is fresh off the success of its program to encourage more s

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    11. Dragas on Board: The Rector who wouldn't go

      Dragas on Board: The Rector who wouldn't go

      Fear, distrust, sadness, anger. Welcome back to the University of Virginia. If you spent the summer on a desert island with no internet, you are in for a surprise. This isn't the same UVA you left at the end of last semester, and the storm didn't stop raging with the June 26 reinstatement of President Teresa Sullivan. "We are still in the middle of a crisis," visiting UVA Economics Professor Ed ...

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    12. Corporate Governance Failures And FCPA Violations

      Corporate Governance Failures And FCPA Violations

      Whenever I read about the latest enforcement action – whether it is FCPA, export controls and sanctions, health care fraud, off-label marketing, or False Claims Act – my first question is always what role, if any, did the board of directors’ play in the compliance failure? The buck starts and stops with the board of directors.  Compliance meltdowns do not occur unless the board is complicit by action or inaction.  If a board fails to exercise its duty of oversight, it is likely that officers and

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