CEOs Bank Big Bonuses As Oil Companies Go Bankrupt
Ka-ching
Read more...Category Archives: Corporate governance
CalPERS Out of Control: Stunningly High Number of Personal Trading Violations, Yet Board Ignored the Misconduct
CalPERS yet again manages to exceed expectations in a bad way.
Read more...Hissy Fit by CalPERS Board: Falsely Blames Margaret Brown for Staff Leaks of CIO Meng’s $1 Billion Giveup, Public Opposition to Staff Coup
Sports fans, it seems hard to believe, but the CalPERS board has sunk to a new low with an extended display of incompetence and pique.
Read more...CalPERS Staff Seeks to Strip Board of Remaining Authority Even as Press Exposes Multi-Billion Cost of Lack of Supervision; Elected Board Members Thumb Nose at Public by Seeking to Be Paid for Doing Almost Nothing
CalPERS staff is up to more dirty tricks. Push back by e-mail in public comments. Bad press already has them on the back foot.
Read more...RJ Eskow: 7 Rules for the Boeing Bailout
As the world struggles with the pandemic, Boeing should be seen as the vector for a parallel epidemic. It’s Patient Zero in an epidemic of corporate failure. As we change the way we live our lives, corporations like Boeing should change the way they are run. Corporate mismanagement made this crisis worse and, if it doesn’t change, will make the recovery more difficult.
Read more...How McKinsey Got Greedy
How McKinsey put money over its once vaunted firm values.
Read more...Why No Retired Generals Oppose America’s Forever Wars
How generals promote top-level groupthink.
Read more...There is No Economics Without Politics
Debunking the pretense that the economics discipline is neutral or objective.
Read more...“The UN Is Being Turned into a Public-Private Partnership”: Harris Gleckman Explains Stealth Takeover by World Economic Forum
Lynn Fries speaks to Harris Gleckman about the growing corporate influence over our global governance system – and what can be done to stop it.
Read more...The Boss on Board: Mafia Infiltrations, Firm Performance, and Local Economic Growth
Italian firms infiltrated by the Mafia are disproportionately in the utilities and financial services sectors and that infiltration has a strong negative effect on local long-term employment growth.
Read more...Announcing the First Winner of the Archie McCardell Award for Truly Horrendous Management: WeWork
Introducing serial leading company wrecker Archie McCardell, and noteworthy successors to him, with WeWork as a first object lesson.
Read more...What Gandhi Believed Is the Purpose of a Corporation
Gandhi had a well-developed view on corporate goverance and influenced business leaders.
Read more...We Can’t Rely on Corporations to Reform Themselves – We Must Challenge Their Power
Corporations cross their hearts and swear that they’ll care about more than executive and director pay and stock prices.
Read more...Two Horrid Wall Street Journal Stories Show What a Malefactor Amazon Has Become
The Wall Street Journal reports ghastly stories about product safety from third party sellers at Amazon, and the ugly office politics of software development
Read more...Under Bloomberg Pressure, CalPERS Coughs Up BCG Report on Private Equity, Confirming Criminal Abuse of Open Meeting Law; Board President Henry Jones Casually Leaks Confidential Information
A peek into how CalPERS abuses confidentiality when public agencies are supposed to be public.
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