Academic paper from the Weinberg Center for Corporate Governance at the University of Delaware describes how an industry’s particular characteristics help explain its corporate governance.
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Posted inFrom the Archive
FASB And SEC Hint At Option Expensing Delay
Both the Securities and Exchange Commission and the Financial Accounting Standards Board hinted last week that the proposal to expense options may be delayed. The first comments came from SEC Chief Accountant Donald Nicolaisen, who said last week that he was open to the idea of giving companies another year before they would have to […]
Posted inAccounting & Auditing
Comparing Audit, Non-Audit Fees; Comparison Of Costs In Three Major Cities
Every Tuesday, Compliance Week provides subscribers with a downloadable spreadsheet of all auditor changes during the previous week. The spreadsheet, which also includes year-to-date information, is valuable, but recently subscribers had been requesting additional depth on information about audit and non-audit fees. Chicago, New York & San Francisco At right are two different spreadsheets we […]
Posted inBoards & Shareholders
Despite Events, Director Term Limits Not Catching On
July 9 is a seminal moment for Houston-based Stewart & Stevenson Services Inc. On that day, no member of the Stewart and Stevenson families will play a significant management role in the 102-year-old company’s power structure for the first time. In addition, Donald Stevenson will no longer serve as a director after 29 years. As […]
Posted inFrom the Archive
Deloitte Touche Tohmatsu Names Rohr New CFO
Rohr Global accounting firm Deloitte Touche Tohmatsu recently promoted Jeffrey Rohr to CFO of Deloitte Touche Tohmatsu, which includes its U.S. member firm, Deloitte & Touche. Rohr has served as a regional manager of the U.S. firm’s Midwest practice in Chicago since 1995, and succeeds the retiring Bill Fowler, who has been CFO for nine […]
Posted inFrom the Archive
$14.5b American Electric Power Names Secretary, GC
Columbus, Ohio-based American Electric Power announced that John Keane would join as SVP, general counsel and secretary, assuming responsibility for all corporate legal affairs and supervision of AEP’s legal department. Keane is the former president of Bainbridge Crossing Advisors, a corporate/financial services company focusing on best practices in governance and SOX compliance, and before that […]
Posted inFrom the Archive
FASB Issues Draft For Measurement Of Fair Value
The Financial Accounting Standards Board issued a proposal on fair value measurements last week, in response to constituents’ requests for improved guidance on the subject. The 109-page document is intended to establish a framework for measuring fair value that would apply to financial and nonfinancial assets and liabilities, thereby making the measurements more reliable and […]
Posted inFrom the Archive
KeyCorp Alum Joins LexisNexis As Compliance Officer
Maynard News and business information services company LexisNexis Group recently announced that Angela Maynard would assume the role of vice president and chief regulatory compliance officer in its U.S. division. Maynard, a former senior vice president and chief privacy executive at KeyCorp, will lead the Dayton, Ohio, company’s regulatory compliance organization, and provide regulatory advice […]
Posted inData Privacy
Q&A With Chief Compliance Officer At $1.9b Scotts Co.
This profile is the latest in a series of weekly conversations with executives at U.S. public companies who are currently involved in establishing and developing compliance programs. An index of previous conversations is available here. So, is it true that you once showed Scotts’ chief executive pictures of other CEOs doing the perp walk for […]
