Category Archives: Corporate governance

Legal Action Against Shell Board Previews Wave of Lawsuits Against Company Directors

Sadly, the idea of suing corporate board members over climate change inaction does not seem likely to go anywhere.

AG Merrick Garland Outlines Corporate Crime Prosecution Priorities

AG Merrick Garland outlined corporate crime enforcement priorities in a speech last week before an ABA group.

There’s No Sugarcoating Hershey’s Abuse of Workers and Union-Busting Tactics

Hershey is not nice.

Shareholder Activism: Icahn Targets McDonald’s Pig Pens

Carl Icahn seeks to force McDonald’s 2012 pledge to cease to use gestation crate to confine pregnant pigs within a decade.

Resource Limits to American Capitalism & The Predator State Today

James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism

Building a State One Step at a Time: Evidence from France

Some theories about government-making from France….but do they hold up?

A Facet of Late-State Capitalist Failure: Operational Breakage

Are seemingly increasing operational failures a sign of a bigger pathology?

CalPERS Continues to Grossly Misrepresent Facts and Law to Avoid Disclosing Full Transcript of Improper Board Meeting After CIO Ben Meng Quit; Will Judge Markman Buy It?

True to form, CalPERS general counsel Matt Jacobs is playing fast and loose with the law and facts. Will Judge Markman let him get away with it?

With Billions in Fines, U.S. Chamber of Commerce’s Ranks Are ‘Packed With Rogues’

A new report catalogues 15,896 federal and state violations from more than 100 U.S. Chamber of Commerce members, including major fossil fuel companies.

Wrong Way CalPERS: Dumping $6 Billion of Private Equity After Struggling to Put Money to Work and Then Increasing Target

CalPERS is trying to do something more obviously nonsensical than usual.

General Electric Breaks Up, Symbolizing Decline of American Manufacturing and the High Price of Financialization

How stock price fixated management and a big expansion into financial services under Jack Welch did in the once-esteemed General Electric.

Deere Union Members Reject Second Management Offer; Key Demands Include Greater Workplace Say

Deere union members at 12 of 14 factories put the screws on management by rejecting their latest offer.

Will the Supply Chain Crisis Lead to More Onshoring?

Why even if we see more serious breakdowns, big and medium sized companies are unlikely to move away from reliance on a fragile supply chain.

John Deere Strike: A Union Member Explains How Bad Faith Dealings Produced Today’s Grievances

A backgrounder from TroyIA, a Naked Capitalism reader and John Deere worker, on what drove union members to strike.

European Investment Scammers Allegedly Laundered Their Money through Scotland

Investigations by European and Ukrainian prosecutors revealed an alleged investment fraud with funds laundered via UK corporate entities