An End to Short-Termism: A Call to Arms
September 23, 2009
A panel of 28 corporate governance experts align with the Aspen Institute to oppose shareholder short-termism.
September 23, 2009
A panel of 28 corporate governance experts align with the Aspen Institute to oppose shareholder short-termism.
Winning Directors
August 17, 2009
The National Association of Corporate Directors (NACD) announced the winners of its 2009 “Director of the Year” awards. The winners include: Marilyn Carlson Nelson, Keith L. Alm, J. Shan Mullin, Norman R. Augustine.
August 17, 2009
The National Association of Corporate Directors (NACD) announced the winners of its 2009 “Director of the Year” awards. The winners include: Marilyn Carlson Nelson, Keith L. Alm, J. Shan Mullin, Norman R. Augustine.
What Boards Should Know About Senior-Level Executive Assessment
July 29, 2009 by Stephen P. Kelner Jr. and Ashley R. Stephenson
As boards have come to recognize that talent is the critical differentiator on what is often an otherwise level playing field, they have paid increasing attention to the issue of senior-level executive assessment.
July 29, 2009 by Stephen P. Kelner Jr. and Ashley R. Stephenson
As boards have come to recognize that talent is the critical differentiator on what is often an otherwise level playing field, they have paid increasing attention to the issue of senior-level executive assessment.
JPMorgan ‘Back to Playing Hardball’
July 15, 2009
After repaying the U.S. government $25 billion, JPMorgan Chase is adamantly fighting the government’s proposed legislation on derivatives and telling the Treasury Department it is fed up with the value of warrants that the government holds in the company.
July 15, 2009
After repaying the U.S. government $25 billion, JPMorgan Chase is adamantly fighting the government’s proposed legislation on derivatives and telling the Treasury Department it is fed up with the value of warrants that the government holds in the company.
The Human Side of Business Processes
July 15, 2009
No matter how thick your procedure manual, how well thought out your business guidelines are or how comprehensive your IT support is for business processes, once people get involved, ad-hoc, unstructured processes become the norm, rather than the exception. For many companies, the way they handle unstructured processes is the key differentiator between their execution capabilities, and those of their competitors.
July 15, 2009
No matter how thick your procedure manual, how well thought out your business guidelines are or how comprehensive your IT support is for business processes, once people get involved, ad-hoc, unstructured processes become the norm, rather than the exception. For many companies, the way they handle unstructured processes is the key differentiator between their execution capabilities, and those of their competitors.
Goldman Sachs Execs Sold $700M of Stock
July 14, 2009 by Joseph McCafferty
Executives at Goldman Sachs sold almost $700 million worth of stock following the collapse of Lehman Brothers last September.
July 14, 2009 by Joseph McCafferty
Executives at Goldman Sachs sold almost $700 million worth of stock following the collapse of Lehman Brothers last September.
British Airways Faces Strike Action
July 10, 2009
British Airways may see its first major strike in a decade as CEO Willie Walsh presses unions to accept almost 4,000 job cuts he says are necessary for the company to reduce costs and survive the recession.
July 10, 2009
British Airways may see its first major strike in a decade as CEO Willie Walsh presses unions to accept almost 4,000 job cuts he says are necessary for the company to reduce costs and survive the recession.
Buffett: First Stimulus Was ‘Viagra Mixed With Candy’
July 9, 2009
Berkshire Hathaway CEO Warren Buffett told Good Morning America that he supports a second stimulus plan.
July 9, 2009
Berkshire Hathaway CEO Warren Buffett told Good Morning America that he supports a second stimulus plan.
CEOs Getting Confidence Back
July 9, 2009
CEOs are much more optimistic about the economy’s future than six months ago in several key areas, according to a survey of 100 CEOs by the Conference Board Measure.
July 9, 2009
CEOs are much more optimistic about the economy’s future than six months ago in several key areas, according to a survey of 100 CEOs by the Conference Board Measure.
PERSPECTIVE ON: Proxy Voting
July 8, 2009 by Joseph McCafferty
It should be a simple matter for the corporate managers with responsibility for pension plan assets to prepare a summary report for the board indicating whether the shares had been voted, and how they were voted. Here's why.
July 8, 2009 by Joseph McCafferty
It should be a simple matter for the corporate managers with responsibility for pension plan assets to prepare a summary report for the board indicating whether the shares had been voted, and how they were voted. Here's why.
Toyota Invests $500M in Indiana SUV Plant
July 6, 2009
Toyota is investing $500 million in its Princeton, Indiana plant for extensive renovations. A year ago Toyota’s global budget for plant construction and upgrades was 1.3 trillion yen, or 36 percent more than for the current fiscal period.
July 6, 2009
Toyota is investing $500 million in its Princeton, Indiana plant for extensive renovations. A year ago Toyota’s global budget for plant construction and upgrades was 1.3 trillion yen, or 36 percent more than for the current fiscal period.
Belgium’s KBC Bank Revamps Management
July 2, 2009 by Joseph McCafferty
Belgian bank KBC is responding to pressure from regulators and investors by revamping its management team, replacing the executive who oversaw the bank’s downfall in the credit market and separating risk management and financial management functions.
July 2, 2009 by Joseph McCafferty
Belgian bank KBC is responding to pressure from regulators and investors by revamping its management team, replacing the executive who oversaw the bank’s downfall in the credit market and separating risk management and financial management functions.
CEO Outlook: Recession Easing, More Cuts
June 25, 2009 by Joseph McCafferty
A survey released by the Business Roundtable suggests that U.S. chief executives have a better view of the economy, but are gearing up for job and spending cuts regardless.
June 25, 2009 by Joseph McCafferty
A survey released by the Business Roundtable suggests that U.S. chief executives have a better view of the economy, but are gearing up for job and spending cuts regardless.
CEOs Need to Utilize Social Networking
June 25, 2009 by Joseph McCafferty
CEOs need to increase their online presence on social networking sites, such as Twitter and Facebook, a new study finds.
June 25, 2009 by Joseph McCafferty
CEOs need to increase their online presence on social networking sites, such as Twitter and Facebook, a new study finds.
Zhao Wants to be ‘China’s Warren Buffett’
June 25, 2009 by Joseph McCafferty
Last year, Zhao Danyang agreed to pay more than $2 million for lunch with Warren Buffett, hoping the Oracle of Omaha could help him answer some plaguing questions.
June 25, 2009 by Joseph McCafferty
Last year, Zhao Danyang agreed to pay more than $2 million for lunch with Warren Buffett, hoping the Oracle of Omaha could help him answer some plaguing questions.
Hiring a CEO: How to Move Beyond the Classic Interview Script
June 23, 2009 by Les Berglass
Hiring a CEO leaves an indelible mark on any corporation. Choosing the right leader can revolutionize a company and create success for decades to come. But the wrong selection can easily take years to correct. As directors look back at their tenure serving on a corporate board, their proudest and, perhaps, saddest memories usually involve the selection of a new CEO.
June 23, 2009 by Les Berglass
Hiring a CEO leaves an indelible mark on any corporation. Choosing the right leader can revolutionize a company and create success for decades to come. But the wrong selection can easily take years to correct. As directors look back at their tenure serving on a corporate board, their proudest and, perhaps, saddest memories usually involve the selection of a new CEO.
Goldman to Pay Out Record Bonuses
June 22, 2009 by Joseph McCafferty
A successful first half of the year at Goldman Sachs suggests that the bank holding company could pay out record bonuses at year-end.
June 22, 2009 by Joseph McCafferty
A successful first half of the year at Goldman Sachs suggests that the bank holding company could pay out record bonuses at year-end.
Build Trust, Engage Shareholders
June 11, 2009
Karen Kane writes that increasingly boards need to use communication as an effective, strategic tool to build credibility and engage shareholders.
June 11, 2009
Karen Kane writes that increasingly boards need to use communication as an effective, strategic tool to build credibility and engage shareholders.
Governance in Crisis: Redefining the CEO Role
June 9, 2009
In a keynote address at NACD Directorship's Global Forum on June 9th in New York, Ben W. Heineman Jr., former general counsel at General Electric and now a senior fellow at Harvard, argued that to restore investor confidence and enhance accountability requires a redefinition of the CEO role and some fundamental changes to corporate governance.
June 9, 2009
In a keynote address at NACD Directorship's Global Forum on June 9th in New York, Ben W. Heineman Jr., former general counsel at General Electric and now a senior fellow at Harvard, argued that to restore investor confidence and enhance accountability requires a redefinition of the CEO role and some fundamental changes to corporate governance.
Warren Buffett Helps Rail Revival
June 8, 2009
Berkshire Hathaway’s CEO Warren Buffett’s move into railroad stocks as growth investments, has helped revitalize the rail industry.
June 8, 2009
Berkshire Hathaway’s CEO Warren Buffett’s move into railroad stocks as growth investments, has helped revitalize the rail industry.