1. Articles in category: BoardNews

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    1. Fortune 500 Directors Emphasize Digital Communication Strategies ...

      Fortune 500 Directors Emphasize Digital Communication Strategies at the NACD Spring Forum Strategic Implications of Rapidly Changing Technological Environment Represent Unique Value WASHINGTON, Jun 19, 2012 (GlobeNewswire via COMTEX) -- The National Association of Corporate Directors (NACD) convened nearly 250 leading public company directors and corporate governance experts from around the world in New York City on June 11-12 to explore how new technologies and social media communications a

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    2. Corporate governance experts question Nalcor board picks

      Corporate governance experts question Nalcor board picks

      Corporate governance experts are criticizing four new appointments to the boards of Nalcor Energy and Newfoundland and Labrador Hydro. The new chairman of the boards is Terry Styles, a Stephenville businessman who runs a beer distribution company with 10 employees. Grand Falls-Windsor Mayor Al Hawkins and Happy Valley-Goose Bay Mayor Leo Abbass were also appointed to the boards, as was Erin Breen, a St. John’s lawyer with less than 10 years experience. Richard Powers heads the governance program

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    3. Should corporate governance be applicable to private companies?

      Investors opt for a private company structure as it has minimal compliances and disclosures Kumkum Sen / Jun 18, 2012, 00:19 IST The Adidas Group’s global acquisition of Reebok, which entailed the integration of Reebok’s Indian operations, was achieved in 2011. Reebok has been operating in India since 1991. With over 900 retail outlets in India, Reebok has operated exclusively on franchise models. It is assumed that one of the syner

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    4. Back to school for corporate governance

      Summer session is beginning at colleges and universities, and management experts say one of the offerings should be Corporate Governance 101. First in line to sign up, they say, should be Facebook Inc. and JPMorgan Chase & Co. In the matter of Facebook, one of the more significant recent developments involves the Nasdaq Stock Market, which stated June 6 that it would offer $40 million in cash and rebates to clients who may have suffered financially in the company’s initial public offering. On th

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    5. ISS Backs Two Starboard Nominees for AOL Board

      I.S.S. Backs Two Starboard Nominees for AOL Board By MICHAEL J. DE LA MERCED Article Tools * E-mail * Print * * Recommend * Share Close + Tumblr + Digg + Linkedin + Reddit + Permalink + Institutional Shareholder Services recommended late on Saturday that AOL investors vote for two of three board candidates named by Starboard Value L.P., an activist hedge fund. I.S.S., the biggest proxy advisory firm that advises shareholders on corporate governance matters, said that two of Starboard’s nominee

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    6. 'Social loafers' impede board reform, ex-chairman says

      'Social loafers' impede board reform, ex-chairman says

      The Sarbanes-Oxley governance reforms did little to prevent failures of major U.S. financial institutions because they didn’t scale down oversized boards stuffed with “social loafers,” former U.S. mutual fund executive Robert Pozen says. Mr. Pozen told a Toronto audience Tuesday that the sweeping changes legislated in 2002 were inadequate to prevent scandals or failures at companies such as Bear Stearns, Merrill Lynch, Lehman Brothers, Wachovia, . The changes required independent directors on bo

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    7. Sebi calls for giving more power to independent directors

      Sebi calls for giving more power to independent directors
      MUMBAI: Stressing the need to strengthen the powers of independent directors, Sebi whole-time member Rajeev Kumar Agarwal today said good corporate governance is the surest way to protect the interest of shareholders. "An independent director is in a position to exercise unbiased judgement on issues which may be related to competing interests, on issues where the interest of the management or promoters is coming in the way of minority shareholders. Here, an independent director is best placed to
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      Mentions: Congress
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