1. Articles in category: BoardNews

    9769-9792 of 10259 « 1 2 ... 405 406 407 408 409 410 411 ... 426 427 428 »
    1. Throwing Out Insiders Won't Fix Corporate Boards

      Throwing Out Insiders Won't Fix Corporate Boards

      Enron had quite an impressive board of directors. The 17-member group was almost certainly too big, but beyond that it met or exceeded most modern criteria for good corporate governance: company insiders were a tiny minority; the jobs of chairman and CEO were separated; the key role of audit committee chairman was held by a respected outsider who presumably understood accounting (at least, he taught it at Stanford). What could possibly go wrong? There's little or no evidence that the modern crit

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    2. Author Offers Cure for Lingering Crisis in Investor Confidence

      Author Offers Cure for Lingering Crisis in Investor Confidence

      Speaker at Corporate Governance Conference Says Shareholders Doubts Remain After Scandals Oct. 17, 2012 After witnessing a parade of corporate implosions, accounting scandals, stock option manipulations and executive compensation excesses, still-cautious investors need clear, honest communication from corporate managers and boards of directors to restore trust. But despite reforms, relationships between corporations and t

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    3. NACD Provides Action Steps to Advance Boardroom Diversity

      GlobeNewswire Tuesday, October 16th 2012 Search VSM: _______________ Search Advanced WASHINGTON, Oct. 16, 2012 (GLOBE NEWSWIRE) -- The National Association of Corporate Directors (NACD) today released the Report of the NACD Blue Ribbon Commission on the Diverse Board: Moving From Interest to Action, detailing the strategies directors and boards can implement to advance boardroom diversity in the evolving economic environment. The report w

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    4. Former Fancamp Chairman to Nominate Alternative Slate of Directors

      Highlights Fancamp's Record of Destroying Shareholder Value and Filing False Information with Securities Regulators By Marketwire . Article Rating: Rate October 15, 2012 08:59 PM EDT Reads: 188 * Related * Print * Email * Feedback * Add This * Blog This TORONTO, ONTARIO -- (Marketwire) -- 10/16/12 -- Mr. Robert N. Granger, Q.C., a director of Fancamp Exploration Ltd. (TSXV: FNC), and until recently its chairman, announced toda

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    5. The Summit Director & Officer Training Conference Announces Speakers

      Utah Policy 10/15/2012 | 38 views | 0 0 comments | 1 1 recommendations | email to a friend | print The Summit Director & Officer Training Conference is an annual forum dedicated to helping the boards of public, pre-IPO, and private companies improve corporate governance and best practices. Summit will be held at the Montage in Deer Valley, Utah on December 6-7, 2012. Registration is now open for this event. Now in its

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    6. Four Steps to a More Diverse Corporate Board

      The number one issue in corporate governance is the diversification of boards. Despite their claims otherwise, corporations are not doing a good job with diversifying boards. Boards are a self-selected and homogenous group. Nomination committees prefer people who are known to them or are drawn from within existing contacts. Furthermore, lack of turnover on boards slows any diversity initiatives. Furthermore, as a Spencer Stuart survey discovered, two thirds of corporate directors stated that the

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      Mentions: Board Diversity
    7. Shareholder Rights Make Progress

      Years ago, if you mentioned "corporate governance," most investors' eyes would glaze over. It's not difficult to imagine many proxy statements tossed unread into many trash cans, even though these documents represented important disclosures and, even more significant, shareholders' votes and ownership stakes in businesses. Somehow, the prevailing notion became that profit and share price were the only things that mattered in investing, and board composition, voting rights, and CEO pay issues wer

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    8. New Directors Strengthen Navistar's Corporate Governance, But Issues Remain

      Caving under pressure from the activist investors Carl Icahn and Mark H. Rachesky, Navistar International Corp. (NAV) recently strengthened the supervision of its senior managers by replacing three board members. But the truck and engine maker still has more work to do on its corporate governance. The former CEO Daniel C. Ustian and his team struggled against headwinds in recent years ranging from the economic crisis to production failures. As Navistar's stock price sank in the past year, Mr. Ic

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    9. O'Brien: Bad news for boards: That superstar CEO you just hired will probably fail

      'Executive Superstars, Peer Groups and Over Compensation! -- Cause, Effect, and Solution,' was released last month. Don't let the dry-as-toast title fool you. This report should be required reading for every person in Silicon Valley who sits on a board of any size. I found it particularly illuminating with so many of our largest companies either having tapped new CEOs in the past year (Hewlett ...

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    10. Multiple directorships lower effectiveness

      You are here: Home > October 12, 2012 in Business MULTIPLE directorships have been blamed for contributing to corporate governance failures among Zimbabwean companies. Report by Staff Writer CEO of the Depositors Protection Board John Chikura told a recent Institute of Chartered Accountants of Zimbabwe seminar that local companies still faced challenges in adhering to good corporate governance. “Good governanc

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    11. Board's Bonus Slight a Wake-up Call for Ballmer: Get Innovating

      Board's Bonus Slight a Wake-up Call for Ballmer: Get Innovating

      The board of directors at Microsoft did not award company CEO Steve Ballmer and other executives their full bonuses this year following lower-than-expected Windows sales and a failure to comply with European regulations. Ballmer received 91 percent of his base salary in bonus pay, totaling $620,000. Including salary, his total compensation for Microsoft's fiscal year 2012 is $1.32 million.

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    12. Research and Markets: Oecd - Board Member Nomination and Election

      )--Research and Markets (http://www.researchandmarkets.com/research/jzzvc8/board_member) has announced the addition of OECD Publishing's new report "Board Member Nomination and Election" to their offering. The nomination and election of board members is one of the fundamental elements of a functioning corporate governance system around the world and has accordingly been chosen as the theme for the fourth peer review by the OECD's Corporate Governance Committee. Four jurisdictions have volunteere

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    13. Avon's Corporate Governance Strengthens

      Avon Products, Inc. (AVP)'s embattled former CEO Andrea Jung said she'll step down as board chairman on December 31. The beauty company has taken several such moves toward restoring its credibility in recent months, and now has stronger corporate governance. While serving as both chairman and CEO, Ms. Jung came under fire for problems ranging from Avon's underperforming stock price to its overseas bribery investigation, which we had discussed here. In December 2011 Avon announced Ms. Jung's loss

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