The principal corporate governance campaigns of the past decade have reached a plateau in terms of both investor commitment and implementation. These issues are not by any means going away.
In the coming years, the pressure on corporate Boards will reach new levels. Enforcement agencies are scouring investigations and sources of information to bring civil and criminal cases against Board members.
Governance, risk management and compliance (GRC) efforts are often spread across an organization. Each department takes a different approach with its own systems, technologies and tools to engage in risk management activities.
In business, corporate governance is often equated with proxy voting, shareholder rights, and board directors’ oversight duties. But its fundamental purpose is to ensure that an organization is effectively directed and controlled, which is a significant undertaking (to put it mildly).
We live in an age in which a more complex, interconnected business landscape and more frequent and severe natural and manmade disasters has set the stage for cascading business interruptions…
What can companies do now to prepare for a potential proxy access shareholder proposal?
The issue of proper corporate governance has taken a major step forward in the last few years, as government agencies worldwide are passing more and more regulations to ensure that company executives take a greater responsibility for the ethical management of their organizations. This influx of concern can easily be traced to events such as […]
by Matha Doran
The spectacle of scandals in the US and Europe turned up the heat on the growing reform movement, both in trying to harmonize accounting standards and corporate governance.
This article by Steven Barth and Joshua Agen of Foley & Lardner discusses some of the corporate governance issues that boards of directors may confront in addressing the risks and opportunities arising out of this “new normal.”
Richard Perkey, a consultant at Russell Reynolds Associates, believes that many financial services company Boards were ill-prepared for the credit crisis. He offers up his prescription for how corporate boards can be more well-equipped in the future.