1. Articles in category: BoardNews

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    1. Electrical retailer Darty faces shareholder rebellion

      Electrical retailer Darty faces shareholder rebellion

      Company faces showdown with investors after admitting mistake over way it disclosed bonus for chief executive One of the year's biggest shareholder rebellions over boardroom pay could be on the cards at the electrical retailer Darty, which has admitted to a mistake over the way it disclosed a bonus for its chief executive. Darty faces a showdown with investors after its acknowledgement that an ...

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    2. Investing in Good Governance

      Investing in Good Governance

      By LUCIAN A. BEBCHUK The Rules columnist says that by 2001, the stock market seems to have learned to price how good-governance and poor-governance companies. Beth A. Keiser/Associated PressThe Rules columnist says that by 2001, the stock market seems to have learned to price how good-governance and poor-governance companies. Can investors generally beat the market by concentrating their portfolios on companies that practice good corporate governance? There

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    3. Directors more prepared to address shareholders' concerns

      Directors more prepared to address shareholders' concerns

      SINGAPORE: Shareholders are now more vocal at shareholders' meetings and airing their views at various platforms. This "new normal" has made it necessary for directors to be more prepared to address shareholders' concerns. This latest happening and the need to streamline the director's duties were among issues tackled during the Directors' Conference organised by the Singapore Institute of Directors (SID) on Wednesday. Much is taking place in Singapore's corporate governance landscape. Apart fro

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    4. Welcome 'Lakshmi' @work: Govt

      Ads by Google Share | Print Agencies : New Delhi, Wed Sep 12 2012, 15:49 hrs Hire woman Corporate Affairs Minister Veerappa Moily today pitched for better gender diversity in corporate India while citing studies that say firms with greater women participation at board levels perform better financially. "Diversity of the board contributes to the success of the company...Gender diversity is not just the right thing to do but also the bright thing to do,"" Moily

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    5. Savitr Capital Comments on Report from Glass Lewis

      TORONTO--(BUSINESS WIRE)--Savitr Capital, LLC (“Savitr”), a significant shareholder of Western Wind Energy Corp. (TSX Venture Exchange: WND) (OTCQX: WNDEF) (“Western Wind” or “the Company”), today responded to the report issued by Glass, Lewis & Co., LLC (“Glass Lewis”) regarding Savitr’s proposal to elect five new independent Board nominees (the “Savitr Nominees”) at the annual general meeting ...

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    6. Asian hedge funds need to rise to corporate governance challenge

      The topic of fund governance is moving quickly to the top of the agenda for investors in hedge funds. Institutional investors, now representing over 60% of the global hedge fund asset base, are in the driving seat when it comes to governance standards in alternative investment funds. In the wake of the 2008 financial crisis, they are asking managers to provide evidence that independent directors have been appointed to offshore fund boards, and that these directors are truly independent. As the A

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    7. Navistar takes umbrage at letter from Carl Icahn

      Navistar International Corp. fired back Monday at billionaire investor Carl Icahn after he made public a letter calling Navistar a poster child for abysmal business decisions and poor corporate governance and demanding four board seats for the company's largest shareholders. "(A)fter a year of dialogue, we are extremely disappointed that Mr. Icahn has chosen to pursue his unproductive tactics of threats, attacks, and disruption rather than continuing constructive engagement, particularly at this

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    8. Corpedia and Corporate Board Member Partner to Offer More Robust Governance Oversight Solutions

      NEW YORK--(BUSINESS WIRE)--Corpedia and Corporate Board Member, both NYSE Euronext companies, announce a partnership to provide corporate directors, chief compliance officers, general counsel, and executives with a robust, integrated suite of governance oversight solutions. The suite features director education resources and online training in key risk areas, comparative tools, and research and ...

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    9. Murdoch's reformation stops with governance

      By Jeffrey Goldfarb The author is a Reuters Breakingviews columnist. The opinions expressed are his own. The reformation of Rupert Murdoch looks to have reached its limit. The 81-year-old media mogul has moved to sensibly deploy capital and break up News Corp as part of a big turnaround since a British phone-hacking scandal rocked his empire. But two new board nominees look like the old Murdoch at work. Investors shouldn’t be so quick to forget the havoc an unconstrained emperor can wreak. Poor

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    10. The Savola Group Hosts the Second BDI Members Roadshow to Celebrate Five

      /PRNewswire/ -- Chairman of Saudi Capital Market to Deliver Keynote Address On Wednesday, September the 12th, GCC "Board Directors Institute" (BDI) will be held in Riyadh for the second meeting of their GCC Roadshow programme which highlights the importance of corporate governance and the effectiveness of Board of directors,  which kicked off in May in Manama, Bahrain.  The event is being hosted by The Savola Group, a diverse enterprise specializing in Foods, Consumer Retail, and Packaging. The

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    11. Procter & Gamble directors face own challenges

      As executives confront financial, operational and macroeconomic difficulties at the companies they run * Bloomberg * Published: 16:15 September 4, 2012 * Gulf News * Michigan: Procter & Gamble Co.’s directors are facing a time management challenge: monitoring Chief Executive Officer Robert McDonald’s turnaround plan while running their own companies. Until Angela Braly resigned as WellPoint’s top executive last week, six of the 10 outside directors

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    12. Palo Alto Attorney Douglas Y. Park To Present on Global Ethics and Compliance

      Palo Alto Attorney Douglas Y. Park To Present on Global Ethics and Compliance

      PRWeb Thursday, August 30th 2012 Logo Search VSM: _______________ Search Advanced Silicon Valley Corporate Governance Attorney Douglas Y. Park, PhD, a Partner at Rimon, PC, in Palo Alto will participate in a webinar on global ethics and compliance issues. Palo Alto, CA (PRWEB) August 30, 2012 On September 11, 2012, Douglas Y. Park, a Partner with the law firm Rimon, PC, will participate in a panel webinar on The Role o

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    13. Board room re-shuffle at Stagecoach worries corporate governance watchers

      Outgoing Stagecoach Chief Executive Sir Brian Souter has raised eyebrows with the decision to elevate himself to part-time chairman., writes Ecclesiastical’s Neville White The puffs of muted outrage were predictably swift. Hot on the heels of their losing the joint venture West Coast rail franchise to FirstGroup, a board room re-shuffle at Stagecoach had corporate governance watchers eyebrows twitching. For the second time, long serving founder and Chief Executive Sir Brian Souter has announced

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