Don Quijones: After a String of Corporate Scandals and Collapses, “Big Four” Accounting Giants Face Breakup in the UK
The Big Four accounting firms desperately need to be reformed. But are UK regulators up to the task?
Read more...Category Archives: Corporate governance
Elon Musk’s Two Great Virtues
Elon Musk can conjure up wonderful images of the future. In the here and now, can he even produce cars (batteries? solar panels? anything?) on schedule? What is going to happen to Tesla?
Read more...Whistleblower Woes: Retaliation
SEC makes record whistleblower award, while meanwhile an Ethics and Compliance Initiative survey reports retaliation rates for reporting of corporate misconduct have doubled.
Read more...What Is CalPERS Trying to Hide? Plans to Eliminate Transcription of Board Meetings, A Giant Step Backwards in Transparency and Accountability
CalPERS plans to take a big step backwards in terms of governance and credibility via getting rid of transcription of board meetings, when the cost is a pittance compared to the benefits.
Read more...Trump SEC Fails to Pursue Aggressive Deregulatory Agenda (Albeit from Previous Pathetic Baseline)
WSJ reports Trump SEC has failed to pursue an aggressive deregulatory agenda; legislation necessary to disable securities framework further.
Read more...More Power to the Workers: Seymour Melman on Extraction by the Military, Managers, and Finance
Why workers are the nexus of production and prosperity.
Read more...Why Are Profit-Making Factories Closing Across England?
The curious case of England’s closing factories shows the need for industrial strategy to counter rampant short-termism.
Read more...Indirect Effects of Unfair Employer Behavior on Workplace Performance
Bad bosses hurt performance! Who’d have thunk it?
Read more...CalPERS’ Three Card Monte: Makes Unheard of Benchmark Change to Hide Expected Poor Private Equity Performance to Help Staff at Expense of Beneficiaries, California Taxpayers
Yet again, CalPERS is trying to use optics and dodgy reporting to cover up for real problems.
Read more...Will Big Data Eat Hollywood’s Lunch?
Hollywood relies ever more heavily on repetitive content.
Will firms like Netflix, Facebook, Amazon, and Google swallow it whole?
CalPERS CIO Ted Eliopoulos Handing Off Most of His Job Duties. So Why Isn’t He Taking a $500,000 Pay Cut?
In a remarkably cheeky move, CalPERS CIO Ted Eliopoulos is fobbing off his main job duties on a subordinate. Will the sleepy board react?
Read more...SEC Punts on Unfinished Dodd-Frank Agenda, Thus Avoiding Congressional Review Act
The biannual statement of the SEC regulatory agenda quietly deep sixes some long-pending measures, saving them from CRA challenge.
Read more...One-Month Anniversary of the Grenfell Tower Fire: Status Update
The current state of play at Grenfell Tower, with a question yet to be answered.
Read more...Taking on Trump’s Agenda: Nine Tough Questions for SEC Chair Nominee Jay Clayton on the Eve of His Confirmation Hearings
Risk your rice bowls! My riposte to pearl-clutching white shoe lawyers calling on Trump SEC nominee to denounce Trump visa ban.
Read more...CalPERS Tries to Hide Its Dirty Laundry, Threatens Most Effective Board Member: “Quit or Else”
CalPERS has managed to descend to a new low. Its strategy of trying to sweep fundamental problems under the rug has reached the point that the rug is not just lumpy but also starting to move. The latest shocker (and it is shocking) is that the board has launched a plan to strip JJ Jelincic, […]
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