This week’s extraordinary decision by the Securities and Exchange Commission to let companies deny shareholders access to annual proxy ballots is another victory for the bosses and companies like General Motors and Bank of America to block democracy.
Sphere: Related ContentMore signs that companies are learning the ropes of Sarbanes-Oxley with fewer reporting material weaknesses and making restatements. That means it’s less likely to get overhauled.
Sphere: Related ContentInstead of 24-30 years in jail, Conrad Black might only be looking at four and a half years, if a secret pre-sentencing report is given any weight.
Sphere: Related ContentEthical misconduct is on the rise and has now reached pre-Enron levels. During the past 12 months, more than half the employees surveyed said they had seen ethical misconduct of some kind. And more than two in five didn’t report what they had observed as one in eight experienced some sort of retaliation.
Sphere: Related ContentLike globalisation and information technology, climate change is transforming business, society, politics, workplaces, careers and management. In fact, it might in the end have an even bigger impact that IT and global forces.
Sphere: Related ContentA new study shows bosses are less than enthusiastic about Gen Y
Citigroup has been reduced to junk bond status with the Abu Dhabi Investment Authority’s $7.5 billion bailout
Wal-Mart continues to come in very low on the Corporate Equality Index 2008 which assess companies on how they go about treating their gay, lesbian, bisexual and transgender (GBLT) workers.
Sphere: Related ContentA new study shows that Enron taught us one thing: companies that fail to look after their employees are in bigger danger of liability for bad behavior. That’s what happens even if they look after shareholders.
Sphere: Related ContentAverage private equity returns have underperformed the market. And the evidence suggests private equity firms mislead investors by overstating their profits.
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