Indirect Effects of Unfair Employer Behavior on Workplace Performance
Bad bosses hurt performance! Who’d have thunk it?
Read more...Category Archives: Corporate governance
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, […]
Read more...Bill Black: CalPERS Seeks to Destroy Its Most Effective Director
Bill Black describes how an attack against a CalPERS trustee violates the board’s and the general counsel’s fiduciary duty.
Read more...Bill Black: A Letter to Warren Buffett and Charlie Munger about Hiring Proven Whistleblowers
Whistleblowers have all the ideal characteristics to create “a board culture that drives effectiveness and company performance.” Why not make them directors?
Read more...Trump Selects Jay Clayton, S & C Partner, to Head SEC
Trump’s choice to head the SEC, prominent corporate lawyer Jay Clayton, is much more of a mainstream pick than many of his other appointments so far.
Read more...Why Has CalPERS Given Chief Investment Officer Ted Eliopoulos a $135,000 Gift Via a Bonus That Violates His Bonus Formula?
CalPERS flagrantly violated its procedures by granting its CIO, Ted Eliopoulos, a bonus greatly in excess of the level allowed.
Read more...How Wells Fargo Exemplifies the Drivers of Big Corporate Fraud
The Wells Fargo fake account scandal illustrates why corporate executives conveniently ignore or even engage in fraud.
Read more...When Bank Boards Get Too Cozy, Expect Misconduct
Why regulators and investors need better measures of the connections between bank executives and their boards.
Read more...Stumpf is Still Faking It – Claims 75% Couldn’t Resist Wells Fargo Credit Cards
In a not-exactly-shocking development of the ongoing Wells Fargo account faking scandal (see our previous coverage here, here and here if you’re late to the party and need a quick catch-up) CEO John Stumpf, fighting a rear-guard action, is making outlandish claims about how, having begun the process of contacting customers who it has cause to […]
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