Well, who'd have predicted that (answer: pretty much everyone):

The #Tories look likely not to bring froward promised reforms in the regulation of the #audit sector & associated #corporategovernance rules;

apparently there is 'no political will' for reform, despite the shredded reputation of the UK Big Four (and some of the smaller auditors) after a string of scandals, mistakes & wilful deception here & abroad.

Of course, the #accountants will be claiming that voluntary measures are better.

Next was an intriguing conversation with **Dirk Jenter** on how to become a CEO at the **Stanford GSB**. The data on who tends to become CEOs in large organizations was particularly interesting, and the discussion was further confirmation for me that CEO comp and corporate governance more broadly is fundamentally broken https://www.youtube.com/watch?v=zhK3cdhtf8c (3/6) #compensation #HR #CorporateGovernance #ESG

A company's health is reflected in its #financialstatements. Mastering the art of #financialreporting as well as analysis, combined with a sound knowledge of #corporategovernance, can significantly enhance a #financeprofessional's value and bestow a unique advantage to those who want to assess businesses. Here's a unique learning opportunity from #IIMAhmedabad to help you master three crucial aspects of corporate financial health in four months.

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The corporate taxation and conflict-of-interest drama
"Because it really showed that this isn't just a couple of 'bad eggs'. This is the culture of the organisation in Australia."

https://www.abc.net.au/news/2023-05-23/pwc-in-the-firing-line-as-afp-gets-involved/102376954
#Consulting #Tax #CorporateGovernance #Culture

What is going on here?

https://theguardian.com/business/2023/may/02/green-investment-funds-pushing-money-into-fossil-fuel-firms-research-finds

#Investmentfunds #Financialinstitutions #Corporategovernance #Ethicalmoney

Seeking input from #lawfedi folks on how #nevada and #delaware compare in terms of D&O liability and whether there's been enough change on the Delaware end recently to cause reorganizations in Nevada. All opinions/theories welcome.

Also, anyone know how to access some sort of list of Nevada corporations or see which have reincorporated there (without paying a fortune through the state's portal)? Is anyone else tracking data on this?

#law #corporategovernance #corporatelaw #litigation @law

Jesus fucking Christ. Stupidity as... something. #politics #investing #climateChange #corporateGovernance https://www.axios.com/2023/04/20/companies-are-laying-low-on-esg-as-backlash-intensifies

C6 Bank’s Climate Tool to Track CO2 Emissions From Customer Transactions Prompts Debate on Future of Banking - On April 13, a C6 Bank customer in Brazil shared screenshots of his online bank ac... - https://news.bitcoin.com/c6-banks-climate-tool-to-track-co2-emissions-from-customer-transactions-prompts-debate-on-future-of-banking/ #braziliandigitalfinancialinstitution #climatechangesolutions #customertransactions #financialinstitution #sustainablebehaviors #corporategovernance #mastercard

Sunny upsides of investing in #China. Has the City come under with an #ESG metric for your office being raided and your due diligence staff being kidnapped by the authorities? #CorporateGovernance #China https://nitter.hongkongers.net/SamGoodman22/status/1639271404271988742#m

Latinos are the nation’s largest ethnic or racial minority — 18.9% of the population; in California, 40%. So why are there so few Latinos in boardrooms? “We remain a blind spot for corporate America.”
LA Times Margot Roosevelt

https://t.co/cH3OPFBaio

#diversity #Business #Latinos #corporategovernance

#Hindenburg research group (named after the zeppelin) has made explosive claims about the financial viability of the #Adani conglomerate. For those paying attention, the timing has been alleged as suspicious as #Adani seeks a 2nd public offering to raise capital, but most alarming to most I would think, is H'berg's claim that even if you completely ignore all other allegations against the group, take their own word for it. Their own financial disclosures are dramatically over priced and ludicrously leveraged with enormous debt.

This is all pretty damning for the good burgher's who have money sloshing about the place to invest (H'berg declare their own short position on Adani) however I'm primarily interested about that bloody big hole in the ground they have in the #Galilee Basin they seem to fill with stolen water and the enormous amounts of #coal they want to extract and burn in the middle of a #climatecrisis

Whither our public services to cope with the collapse of this giant, however welcome that may seem from the outside. Whither our corporate regulators trying to keep up with such eye-popping corporate chutzpah. Just another day in the mega-mining extraction industry. #KeepItInTheGround

#CorporateGovernance #IPO #climatechange

https://hindenburgresearch.com/adani/

Harvard Law School Forum on Corporate Governance has a new paper:

How Twitter Pushed Stakeholders Under The Bus

https://corpgov.law.harvard.edu/2023/01/24/how-twitter-pushed-stakeholders-under-the-bus/
#Twitter #ElonMusk #HarvardLaw #CorporateGovernance #Business

Blizzard fires WoW Classic lead developer after he protests (ridiculous) employee evaluation policy - Take a principled stand, get your ass fired. This is some rank BS. This guy was their top developer on a significant title. Corporate myopia at its best. https://www.pcgamer.com/blizzard-fires-wow-classic-lead-after-he-protests-employee-evaluation-policy/ #wowclassic #Wow #blizzard #gaming #gamingnews #gamingcommunity #videogames #humanrelations #corporategovernance

I’m a lifelong Leeds United #lufc supporter but until recently I’ve always respected how Everton #evertonfc went about their business. A club of that size appointing a complete novice manager is just stupid. A bigger question iwho owns the club, with The Guardian raising questions that the owner could be a sanctioned oligarch. Zero #corporategovernance.
https://www.theguardian.com/football/2023/jan/15/questions-mount-over-alisher-usmanovs-links-with-everton-fc?CMP=Share_iOSApp_Other

> multinational
> makes chemical products popular with #children, and that are likely to come into contact with skin
> does not include whether #toxic or non-toxic on products
> has no #MSDS on website
> signals virtues on website.

We silently add #multinational to #deathcult list.

#toxicity #virtueSignalling #eu #australia #usa #negligence #transparency #corporateGovernance

> multinational
> makes chemical products popular with #children, and that are likely to come into contact with skin
> does not infer #toxic or non-toxic on products
> has no #MSDS on website
> signals virtues on website.

Silently adds company to #deathcult list.

#toxicity #virtueSignalling #eu #australia #usa #multinational #negligence #transparency #corporateGovernance

The Ford Pinto is another example of #corporategovernance failure. Prior to launch of the pinto in the early ‘70’s Ford’s engineers realised that the location of the fuel tank made the car susceptible to bursting into flames if struck from the rear. The fix was cheap but would have meant delaying the launch. Ford calculated that it would be cheaper to settle potential lawsuits with the public than repair the problem. It’s estimated that 500 people died because of this decision.

Revealed: Exxon made ‘breathtakingly’ accurate climate predictions in 1970s and 80s. #corporategovernance isn’t the most exciting topic but good Corporate Governance is so important. Here is an example of individuals being party to a decision that will negatively affect their own offspring, not to mention the planet. Shame on Exxon who knew the science but briefed against it. https://www.theguardian.com/business/2023/jan/12/exxon-climate-change-global-warming-research?CMP=Share_iOSApp_Other

Southwest Airlines is one more demonstration of our government's absolute abdication of overseeing corporate governance.

Why did the Board of this airline allow management to put off modernizing their essential IT systems for purposes of quarterly profit (and executive bonuses)?

Our government is supposed to be overseeing this. This Board should be held accountable.

(Tesla, too.)

EVERYTHING we see as "corporations doing bad things" comes down to this.

#corporategovernance #Southwest

Ook dit doen we al #FNV. We zijn schragende partij van de monitorcommissie #corporategovernance. Die de besturingscode maakt voor beursgenoteerde bedrijven. Die is bindend, en daarom (😳) komen aanscherpingen maar met moeite tot stand. Want stel je voor dat werkgevers hun visie moeten waarmaken. Maar goed: er is een aanscherping en dat is winst.