A hardball lawsuit brought by GM against a former director provides a valuable corporate governance reminder of the need to demand accountability for board-level breaches of confidentiality...
Ask most board directors and CEO’s to define cybersecurity and artificial intelligence in a board meeting and have them share their answers and you may well find that their depth of knowledge is too shallow in their duty of care responsibilities...
COVID-19 is proof that pandemics are a real and catastrophic risk for global economies and businesses. This crisis has shown that many businesses are under prepared for such global-scale disruptions, with those that lack agility and resilience most impacted. As businesses prepare for future systemic risks, they can no longer ignore environmental, social and governance (ESG) issues...
The recent rise of shareholder activism in Japan has boosted the stock price of Tokyo-listed IR Japan, a consultancy specializing in shareholder relations, elevating its CEO Shirou Terashita into the ranks of the world’s billionaires...
Are you keeping informed by reading on a regular basis, here are a few guide posts to help you speed up your AI learning as a board director, CEO or senior executive striving to advance your knowledge in the Intelligence Revolution - where AI is simply everywhere!...
It’s increasingly important for boards to confirm who they expect to act as a fiduciary, and with what powers and duties...
The role of the CISO has never been more appreciated by the boardroom because of Covid. As companies moved to work-from-home practices, hackers worked overtime to capitalize on the chaos, and the CISO was front and center with many corporate boards...
They were once the height of controversy. As recently as 2018, even progressive voices railed against quotas. In the winter of that year, The Economist warned that they “were no friend to women”. Quotas distract, its leader argued, “from the bigger challenge of helping women rise on their merits.”...
For the uninitiated, as of right now there are 4,322 private equity firms with over 92,494 portfolio companies listed in the Private Equity Info Database. While these portfolio companies are generally private, their boards often include independent board directors...
We read about it almost every day — that a diverse workplace environment improves performance. This phenomenon exists as a relatively recent development, as “diversity and inclusion” only came about as a term after WWII when then President Truman required the integration of the armed forces. Truman was roundly criticized for his decision, now considered bold and morally courageous...
During the Covid-19 pandemic, we saw over 3,600 corporations file for bankruptcy protection. These companies include iconic American brands, such as J.C. Penney, Hertz, J. Crew, Pier 1, Brooks Brothers and Neiman Marcus. Many of them attribute their dire situations to the virus outbreak...
Boards are facing increasing stakeholder demands to make environmental sustainability a permanent part of the governance agenda...
Environmental, social and governance (ESG) issues are increasingly taking center stage in corporate elections around the world and, with most of this year’s “proxy season” behind us, the outcomes on ESG-related proposals are striking...
You may buy a story stock, but you only make money when that story is backed up by profits. That reality may alter your opinion on the sustainability of your ESG-based investment...
Stacy Brown-Philpot is leaving the San Francisco-based gig worker marketplace that hires people to perform multiple duties for consumers...
The three lines of defense framework is a fundamental pillar of corporate governance structures and has been embraced by most, if not all, financial regulators and the institutions they regulate...
The deal is the latest move in a high-profile race for food delivery giants to become profitable through consolidation...
It was a big day in Wall Street today. Lemonade (LMND) rang the NYSE bell and was able to raise about $319 million with an initial public offering. Lemonade is a technology-driven renters and homeowners insurance startup, and the second public benefit corporation to file for an IPO...
Increasingly, women executives are realizing that it’s not enough to just make it to the C-suite – indeed, they’re also compelled to save seats for young women to follow in their footsteps...
ESG goals are important, but do we need a new framing to capture the true drivers of sustainability -- virtualization, electrification, and sequestration...
Son’s exit follows SoftBank’s announcement in May that Jack Ma, Alibaba Group’s main founder and one of the world’s richest men, would leave SoftBank’s board on that same date...
Additionally, overnight there is a new level of appetite for embracing digital tools. Many boards are now experimenting with digital dashboards and different aggregation tools to obtain improved analytics, and examine company performance through new lenses...
With the real estate sector in turmoil because of the coronavirus, everyone is looking for ways to cut costs and manage cash flow. Many firms have already cut executive salaries...
The board and management project as equal partners in reorienting the corporate business model to address social justice turmoil...