All Boards & Shareholders articles – Page 10
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ArticleKudos to Business Roundtable for advancing ‘purpose of a corporation’
While some mock the true intent of the Business Roundtable’s newly revised “Statement on the Purpose of a Corporation,” others are lauding the fact that it brings social responsibility into the limelight.
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Cathay Pacific execs quit due to Hong Kong protests
Amid pressure from Chinese authorities after initially not penalizing employees for taking part in the Hong Kong pro-democracy protests, two top Cathay Pacific executives have tendered their resignations.
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Applied Materials appoints new board member
Applied Materials has appointed Yvonne McGill, currently chief financial officer and senior vice president of the Infrastructure Solutions Group at Dell Technologies, to serve on its board of directors.
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Warren’s next battleground: private equity firms
Under newly filed legislation, The Stop Wall Street Looting Act, firms would share responsibility for the liabilities of companies under their control, including debt, legal judgments, and pension obligations.
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IIA announces global chair and board for 2019-20
The Institute of Internal Auditors announced the election of a newly structured global board of directors for 2019-20.
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CAQ governing board elects new leadership
The governing board of the Center for Audit Quality (CAQ) has elected EY’s Kelly Grier and BDO’s Wayne Berson as its chair and vice chair, respectively.
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ArticleSFO appoints two non-executive directors
The U.K. Serious Fraud Office has appointed two new non-executive directors: Emir Feisal and Martin Spencer.
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ArticleIBE produces AI guidance for boards
The U.K. Institute of Business Ethics is offering a new guide for companies faced with the ethical challenges of artificial intelligence.
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ArticleSEC finally prevails with investment advice ‘best interest’ rule
The Securities and Exchange Commission has adopted rulemaking intended to enhance the quality and transparency of investor relationships with investment advisers and broker-dealers.
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How to handle an unpredictable CEO like Elon Musk
There are activist CEOs and rogue CEOs. And then there’s Elon Musk, whose name came up quite often in a Compliance Week panel discussion about what to do when a leader goes off the rails.
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ArticleExxonMobil governance as toxic as carbon footprint
The fact that ExxonMobil continues to think only about its bottom line and is indifferent toward the devastating global consequences of its actions demonstrates a corporate culture with no moral compass.
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ArticleSEC focus: Reduce burden while protecting investors
The SEC has stuck to its promise to focus on initiatives that can improve capital formation and lighten the regulatory burden.
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Braskem board approves $101M leniency agreement
Braskem has approved a 410 million reais (U.S. $101 million) leniency agreement with authorities for concealing its role in a bribery scheme involving Petrobras.
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ArticleCompanies prioritize director experience
New research from the Conference Board says that despite a desire for diverse skillsets, companies continue to value prior board experience in their director selection.
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GE shareholders still want new auditor, vote suggests
While the rancor appears to have softened a bit, General Electric shareholders are still signaling to the audit committee that they want a new auditor.
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Nissan to overhaul its governance structure
In a meeting this month, Nissan’s board of directors unanimously voted in favor of a transition from a company with statutory auditors to a company with three statutory committees.
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ArticleSEC charges GT Advanced Technologies with fraud
GT Advanced Technologies is in trouble with the SEC for misleading shareholders about its ability to provide sapphire glass to Apple for its iPhones.
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ArticleBed Bath & Beyond revamps board; shareholders revolt
In response to shareholder backlash, Bed Bath & Beyond has made several changes to its board, as well as a series of additional governance enhancements, but activist investors say the changes aren’t enough and issued a joint statement expressing their many concerns.
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Tesla to phase out four board members
Tesla disclosed in a filing with the Securities and Exchange Commission that four of its directors eventually will be phased out, reducing the size of its board to seven.
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ArticleAsk Amii mailbag: Keys to effective, engaging training
Executive coach Amii Barnard-Bahn tackles your questions on compliance training, conducting an ethics health check, and more.