Archive | Corporate Governance

America’s Most Trustworthy Companies

from Forbes One needs to look no further than the collapse of Bear Stearns to recognize the importance of analytical techniques that can help investors identify companies with aggressive or risky accounting practices. For such advice, we have repeatedly turned to Audit Integrity, a financial analytics company headquartered in Los Angeles. As far back as […]

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Putting The Moose On The Table

from Forbes The ongoing subprime lending debacle confirms a now familiar fact: CEOs that don’t deliver don’t survive for long. And top executives are under pressure not only from volatile markets such as housing, but also from other massive forces affecting business, including rapid globalization, the rise of new technologies, industry convergence, and competition for […]

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AIG’s Bad Accounting Day

from Fortune AIG’s unexpected announcement today about “material accounting weakness” in part of its portfolio has sent its stock careening down 11 percent in mid-day trading. In a Securities and Exchange Commission 8-K filing this morning, AIG said that based on new data inputs, the company has said it has revised sharply higher its pending […]

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The Right War To Fight?

from Forbes A decade has passed since McKinsey & Co. released a report declaring the onset of a “War for Talent.” Looking forward over a 20-year period, the McKinsey report identified shrinking numbers of 35- to 45-year-olds along with forecast economic growth as factors that would cause the supply of talent to fall far short […]

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Who’s Next?

from Forbes Much like investing, succession planning isn’t an exact science. It’s tied to uncertainty, which is why we’ll see it work seamlessly in some instances and fumble in others. It’s difficult to pick the right leader in the context of a situation that hasn’t actually happened yet. So we can’t necessarily blame the boards […]

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Boards ‘Serve Management, Not Shareholders’

from Forbes Corporate boards have forgotten who it is they’re actually serving, according to a new study. High-net-worth investors and financial advisers said corporate board members are too closely aligned with the interests of executive management teams, not shareholders, in a survey administered by independent research firm Affluent Dynamics. FTI, a global business adviser firm, […]

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Beware The Corporate Raters

from Business 2.0 About 20 years ago, a Stanford business school colleague and I launched an executive education program for board directors – one of the first in the United States to offer training in board management, executive compensation and the board’s role in setting strategy. Yet after just five years, we canceled the program […]

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Dell Talking Again After Audit

from BW.com Dell (DELL) shareholders had been investing under a cloud of uncertainty for a year as the world’s No. 2 PC maker conducted an accounting probe that choked off the flow of information. The struggling computer maker hadn’t held a quarterly conference call in 12 months, executives were absent from the speaking circuit, and […]

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Ex-Officers of Apple Await Suit

from NYTs Two former Apple executives expect to be sued this week by the Securities and Exchange Commission over the company’s backdating of employee stock options, several people involved in negotiations between the former executives and the government said yesterday. The move against the two would be the first fruit of separate investigations into Apple’s […]

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