2020-11-24T17:21:00+00:00By Aaron Nicodemus
The world’s 250 largest companies are not doing very well in recognizing and measuring financial risks related to climate change, so we’ve got some advice to those who are behind the curve.
2020-11-16T18:27:00+00:00By Jaclyn Jaeger
Proxy advisory firm Institutional Shareholder Services released updates to its 2021 benchmark proxy voting policy, with the biggest changes this year addressing racial, ethnic, and gender diversity on boards.
2020-11-11T22:35:00+00:00By Aaron Nicodemus
Many compliance departments are not independent, but instead report to other departments. COSO recommends compliance be separated out into its own division, led by a chief compliance officer with an executive-level position.
2020-11-09T17:38:00+00:00By Dave Lefort
In a Q&A with Compliance Week, Volkswagen integrity chief Hiltrud Werner said that while compliance efforts “never have a finish line,” the company has made great strides since Dieselgate.
2020-11-05T20:44:00+00:00By Maria L. Murphy
Cyber-security risk oversight is the area with the greatest increase in audit committee disclosures in proxy statements, so you better make sure you’ve got a handle on understanding your responsibilities.
2020-11-03T16:40:00+00:00By Jaclyn Jaeger
As more states enact statutes that directly address diversity in the boardroom, corporate boards that have not already done so would be wise to begin strategizing their diversity efforts now.
2020-10-28T14:58:00+00:00By Aaron Nicodemus
The board of directors at Goldman Sachs Group will attempt to claw back approximately $174 million from a dozen current and former executives—one of the largest clawback attempts ever—in the aftermath of the 1MDB scandal.
2020-10-27T22:01:00+00:00By GRC Announcements
The International Compliance Association has relaunched its Specialist Certificate in Corporate Governance course designed to provide an understanding of the requirements and principles of good corporate governance.
2020-10-16T17:47:00+01:00By Jaclyn Jaeger
A new report assessing diversity disclosure trends among Canadian public companies also showcases several corporate standouts for chief ethics and compliance officers to benchmark their programs against.
2020-09-29T20:05:00+01:00By Jaclyn Jaeger
Experts offer best practices on how to ensure your D&I policies, training, and resources are sufficient at this social and cultural inflection point.
2020-08-28T16:51:00+01:00By Martin Woods
How we came to learn about the fraud allegedly perpetrated by Wirecard offers important lessons in compliance and corporate governance, writes financial crime expert Martin Woods.
2020-08-13T14:37:00+01:00By Compliance Week
A fresh podcast from the Theranos whistleblower and a new compliance association for Black practitioners get a round of applause from us this week, while a complicated case involving McDonald’s lands the company on both the “Nailed It” and “Failed It” lists.
2020-07-28T15:50:00+01:00By Jaclyn Jaeger
A revamped NAVEX Global report reinforces a long-held belief in the compliance industry that those companies that trust employees to behave ethically continuously work to improve culture.
2020-07-23T19:08:00+01:00By Jaclyn Jaeger
Found to be at fault for yet another wildfire last week, PG&E’s return from bankruptcy is off to a rocky start. A new reorganization plan at the company built around risk management and safety is key to avoiding a takeover by the state of California.
2020-07-09T19:36:00+01:00By Compliance Week
In the inaugural edition of our weekly “Nailed It or Failed It?” feature, we give TikTok and other tech companies a pat on the back and shake our heads at the actions of Starbucks and Luckin Coffee.
2020-07-06T21:26:00+01:00By Jaclyn Jaeger
Footwear and apparel giant Adidas is focused on improving its diversity efforts after its head of global human resources stepped down following controversial remarks on race that angered employees.
2020-06-24T14:34:00+01:00By Martin Woods
When a company does not rebut serious allegations of wrongdoing with litigation, the only response is to demand answers from the firm or take your business elsewhere, writes financial crime expert Martin Woods.
2020-06-05T16:07:00+01:00By Martin Woods
Anti-bullying should be at the top of your compliance agenda and should be supported by increased gender balance, writes financial crime expert Martin Woods.
2020-05-29T18:13:00+01:00By Martin Woods
A look at a recent court case against car manufacturer Volkswagen once again places the company in the spotlight but, perhaps more importantly, offers some lessons in how to live up to shareholder expectations of good governance that protects their investment.
2020-05-13T16:45:00+01:00By Aaron Nicodemus
Luckin Coffee, the China-based equivalent of Starbucks roiled by allegations of fabricating millions in 2019 sales, has fired its CEO and reshuffled top leadership as part of its ongoing internal probe.
2020-05-04T18:49:00+01:00By Jaclyn Jaeger
Tesla CEO Elon Musk is at it again on Twitter, this time with a comment he made about the electric car company’s stock price being too high.
2020-04-10T16:00:00+01:00By Jaclyn Jaeger
Glass Lewis and Institutional Shareholder Services both issued new policy guidance this week on how they intend to approach a variety of matters around the coronavirus pandemic, including executive compensation.
2020-03-16T17:11:00+00:00By Kyle Brasseur
The SEC has shared guidance to assist public companies, investment companies, shareholders, and other market participants affected by the coronavirus pandemic with their upcoming annual shareholder meeting obligations.
2020-03-11T20:17:00+00:00By Jaclyn Jaeger
Elizabeth Duke and James Quigley remained unwavering about accepting any sort of accountability in their oversight roles as former board members of Wells Fargo at a tense Congressional hearing Wednesday.
2020-03-09T15:39:00+00:00By Jaclyn Jaeger
Two Wells Fargo board members who were scheduled to testify at a congressional hearing this week in the aftermath of the financial institution’s fake account scandal have resigned.
2020-02-18T18:42:00+00:00By Jaclyn Jaeger
SeaWorld Entertainment disclosed in a recent regulatory filing it has reached a $65 million settlement to resolve a class-action lawsuit over allegations investors were misled about the impact of the 2013 documentary film Blackfish.
2020-02-12T21:07:00+00:00By Aly McDevitt
In the wake of an ongoing accounting probe and the resignation of two top finance executives, Spirit AeroSystems is facing a class-action lawsuit filed on behalf of shareholders.
2020-01-15T20:20:00+00:00By Jaclyn Jaeger
According to a Willis Towers Watson survey, the majority of U.S. publicly traded companies would not remain silent if given the opportunity by the SEC to respond to proxy advisor voting recommendations.
2020-01-14T20:30:00+00:00By Jaclyn Jaeger
Fund manager BlackRock announced several new initiatives with a focus on sustainable investing, including holding companies and boards more accountable where they are not making enough progress on sustainability-related disclosure.
2019-12-31T14:43:00+00:00By Jaclyn Jaeger
New York Governor Andrew Cuomo has signed legislation requiring a study to be conducted on the number of women directors who serve on each board of directors of domestic and foreign companies authorized to do business in New York.
2019-12-30T18:42:00+00:00By Jaclyn Jaeger
A new study from Protiviti and North Carolina State University not only highlights those risks companies should keep an eye on in the coming year—it also prompts leadership to explore whether or not they’re taking enough risks.
2019-12-18T20:51:00+00:00By Lori Tripoli
A Conference Board analysis of trends in shareholder voting and activism in Russell 3000 corporations demonstrates more shareholder savvy and creativity in pursuing social and environmental issues.