GRC News Update: Complying with Wal-Mart’s Employer Compliance Program and Corporate Governance News
Here is today’s roundup of interesting and important GRC news. Titles, excerpts, and links below.
How To Win The War When Working With Wal-Mart: One Law firm’s Story Of Complying With The “Roll-Back” King’s Employer Compliance Program
“Americans across the country are familiar with Wal-Mart for their “roll-back” prices and friendly service. What most people don’t know is that, after their immigration scandals in 2001 and 2003, Wal-Mart has lead the country in enforcing employer compliance with requirements of the Immigration Reform and Control Act of 1986 (“IRCA”). Since paying a record-setting $11 million to the United States Department of Homeland Security, Immigration and Customs Enforcement Division (“ICE”), Wal-Mart has become the reluctant leader in employer compliance programs. As anyone trying to sign a contract with Wal-Mart will tell you, it’s no walk in the park to meet their strict demands, but it is the way of the future for employment verification procedures.”
>>>read the entire article at ILW.com
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Corporate Governance Holds Japan Back
“Poison pills, a lack of independent directors, and a web of capital ties between business partners that ensures management performance goes unchecked — that’s corporate governance in Japan.
Speakers at the Japan Investment Summit this week warned that lax governance standards risk deterring foreign investors from the world’s second-largest equities market while also threatening the country’s long-term financial health.
Some help may be on the way.”
>>>read the entire article at Reuters
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Can Congress Cure Corporate Governance?
“On May 19, Charles Schumer, D-N.Y., and Maria Cantwell, D-Wash., introduced the Shareholder Bill of Rights Act of 2009 in the U.S. Senate. Arguably, it is one of the most significant efforts by Congress to reform the shareholder rights and corporate governance realm since the creation of the U.S. Securities and Exchange Commission more than 70 years ago.
The impetus for the bill is the current desperate condition of the U.S. economy and financial system. The body of the bill partly faults a “widespread failure of corporate governance,” and the lack of accountability of the members of corporate boards to shareholders for causing the loss of trillions of dollars in shareholder value held by millions of Americans in pension plans, 401(k) plans and direct investments. To cure these and other defects, the bill:…”
>>>read the entire article at Law.com
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US corporate governance reforms should follow Canada’s lead
“The United States remains one of the few Anglo-Saxon economies that does not adequately vet and review the directors of its public companies, despite a recent push for new rules, says a York University expert in corporate governance.
‘It is a noticeable omission in these latest reforms and the lack of proper governance has cost the US dearly in the past,’ said Richard Leblanc, a professor of Corporate Governance, Law and Ethics in York’s Faculty of Liberal Arts and Professional Studies in Toronto.”
>>>read the entire article at Exchange Magazine
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Bayer official pushes appropriate, ethical business behavior
“Since March, Melissa Cameron has served as ombudsman for Bayer Corp., the North American operations of German chemicals giant Bayer AG. In her role, Ms. Cameron acts as a resource to employees to help mediate disputes and provide answers about policies, ethics and corporate practices. Bayer has 17,000 employees in the United States and Canada, including 2,700 in the Pittsburgh region.”
This article is an interview with Cameron in which she discusses her role as ombudsman.
>>>read the entire article at Post-Gazette.com
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Tags: Bayer, Canada, Congress, corporate governance, employer compliance program, ethical business behavior, Melissa Cameron, ombudsman
Don’t let down your guard on E-Verify?
THIS IS NOT ABOUT LEGAL IMMIGRATION? IT’S ALL ABOUT—ILLEGAL—IMMIGRATION!
It’s our phone calls that can derail any thoughts of another AMNESTY? Fill their eardrums with public rage not to undermine E-Verify. WE WANT A PERMANENT FOR EVERYONE WHO COLLECTS A PAY CHECK! Today! As never before they are reacting and listening to millions of patriotic Americans and pro-sovereignty groups, in which E-Verify have become a solid foundation to identify and remove foreign labor. Taxpayers money should be spent on infrastructure, our own weak and sick, our veterans who are homeless, our unemployed and those who real immigrants who respect our laws. Until the inception of the Internet, Americans and legal residents had no way of communicating between ourselves. Now we can? Now we should use every means possible to elaborate, that we are well and truly seething, because they are siding with the globalists, money people, open border subversives.
We are not bigots because we love our country and don’t want to turn into a third world society. We do not want to live in an OVERPOPULATED, congested land. We have been paying for years–illegal immigrant’s support, instead of the procurers–the businesses that employ them. Our charged voices have set-off a chain reaction amongst the Washington political masses, because we actually turned the tables on the anti-sovereignty, pro-illegal immigration organizations. They are building the original border fence as originally planned, not faulty short-cuts? But we have enemies who have ignored their oath of office and plan to weaken any amendments. As with the 1986 immigration AMNESTY law that was never broken, but disrupted and never enforced. Now they want another AMNESTY or immigration reform package.
It was the politicians who caused the problem of between 13 to 20 million settling here and unable to support themselves. Lawmakers can now stew in their own juices, because we refuse–absolutely refuse, to be sold on another path to citizenship, as it will be yet another higher tax burden on taxpayers. California being just one of many Sanctuary States–that has produced massive budget deficit problems, cause by the huge influx of illegal poor living on state and federal welfare.
Senators and Representatives aides are unhappy with the constant bombardment from millions of Americans, but they are the bridge that must be crossed everyday? No respite, no retreat? Keep up the pressure, till their ears bleed? Keep up the invaluable rumblings in the beltway at 202-224-3121 THAT THE POPULATION IS MAD AND NOT GOING TO TAKE IT ANYMORE! Learn who your enemy is and who your friends at NUMBERSUSA, JUDICIALWATCH, CAPSWEB, HERITAGE FOUNDATION & AMERICANPATROL
ATTENTION! Because of the massive payments to illegal immigrants in California, their is a petition. Google–TAXPAYER REVOLUTION. Very few newspapers will mention this activist petition. When is the American flag going to fly again in the once Golden state?