1. Articles in category: BoardNews

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    1. Financial Reporting Council inches towards balanced boards

      Financial Reporting Council inches towards balanced boards

      The independent regulator for corporate governance, the Financial Reporting Council (FRC) has announced amendments to the UK Corporate Governance Code, which came into effect yesterday. The changes include a focus on the "comply or explain" section, through which companies choose to set their goals for the number of women they expect to have on their boards, and will report their progress against those goals year on year. Announcing the changes to the code, chairman of the FRC, Baroness Hogg, ex

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    2. NACD Honors Towers Watson Lead Outside Director Linda Rabbitt

      NEW YORK--(BUSINESS WIRE)--Global professional services company Towers Watson (NYSE, NASDAQ: TW) today announced that Linda D. Rabbitt, the company’s lead director on its board of directors, has been recognized by the National Association of Corporate Directors (NACD) for exceptional performance by directors in the boardroom. Ms. Rabbitt is one of two directors who will receive the 2012 Director ...

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    3. IoD welcomes change to governance code

      The Institute of Directors (IoD) has welcomed the Financial Reporting Council's decision to make changes to the Corporate Governance Code and the Stewardship Code, claiming they will help improve how well companies are governed in the UK. Amending the code to ensure that boards put their external audit out to tender at least once a decade was the biggest decision made by the council in its review of the regulatory framework. Head of corporate governance at the IoD Roger Barker said this was a po

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    4. Quasar Provides Corporate Update

      JACKSONVILLE, FL--(Marketwire - Sep 28, 2012) - Quasar Aerospace Industries, Inc. ( PINKSHEETS : QASP ) -- Quasar is pleased to provide this update to its shareholders and the investment community. The following details recent issuances of securities to its officers and directors as well as changes in management structure we believe will be beneficial to the Corporation. We are extremely pleased ...

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      Mentions: Chairman
    5. Olympus' Efforts To Improve Corporate Governance Leave Room For More

      Olympus' Efforts To Improve Corporate Governance Leave Room For More

      Olympus Corp. ( .PK) and three of its former executives pleaded guilty this week to charges related to a $1.7 billion accounting cover-up, the media reported. During the year since the Japanese equipment maker's former CEO Michael C. Woodford raised questions about its deal-making, Olympus has made some improvements to its corporate governance, but continues to show serious weaknesses that interfere with its ability to balance the powers of its managers. To be sure, it's positive that the former

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    6. Male, Female Corporate Directors Align On Strategy And Quotas, But Not Diversity

      By News Staff | September 28th 2012 12:30 PM | Print | E-mail | Track Comments Tweet News Articles More Articles * Poor Public Understanding Of Bladder Cancer * * US, Estonia, Germany Tops In Online Freedom, Says Global Study All Articles About News News From All Over The World, Right To You... View News's Profile User pic. News Staff

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      Mentions: Dodd-Frank Chairman
    7. GMI Ratings Governance Issue | Olympus Corp.

      Olympus Corp. (OCPNY) and three of its former executives pleaded guilty this week to charges related to a $1.7 billion accounting cover-up, the media reported. During the year since the Japanese equipment maker’s former CEO Michael C. Woodford raised questions about its deal-making, Olympus has made some improvements to its corporate governance, but continues to show serious weaknesses that interfere with its ability to balance the powers of its managers. To be sure, it’s positive that the forme

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    8. Men and Women Corporate Directors Remarkably Aligned on Strategy - But Not

      /PRNewswire/ -- In one of the most comprehensive global surveys of corporate board directors to date, men and women directors were found to be in striking alignment on economic outlook, political and regulatory concerns, and the business challenges facing their companies – but differ sharply when it comes to board diversity. Released today, the 2012 Board of Directors Survey – conducted by WomenCorporateDirectors (WCD), Heidrick & Struggles, Professor Boris Groysberg of the Harvard Business Scho

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    9. Boardroom accountability and transparency improvements welcomed

      Boardroom accountability and transparency improvements welcomed

      The Financial Reporting Council has published revised international standards on auditing for companies. Changes to the Corporate Governance Code and the Stewardship Code will build in further reporting requirements for firms. Under the new rules, auditors will mean auditors need to communicate further with those in governance. Nick Land, FRC Board member and chairman of the Audit and Assurance Council, said, “The revised standards have been designed to continue the FRC’s work on enhancing effec

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    10. SET rises to 3rd in Asia in corporate governance.

      Home » business » SET Warin Trino The Nation September 28, 2012 1:00 am The Stock Exchange of Thailand's ranking on corporate governance has moved up one place to third in Asia, which is better than Japan, but law enforcement remains weak according to Corporate Governance Watch 2012, Vorapol Socatiyanurak, secretary-general of the Securities and Exchange Commission (SEC), said yesterday. Singapore

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    11. BP's Corporate Governance Beats Rosneft's

      The media is buzzing about the possible sale of a stake in the Russian government-owned oil company OAO Rosneft to BP p.l.c. (BP). The U.K. oil giant might appoint a Russian director to its board, some reported in recent days. If the two companies do integrate, BP goes into the deal with better supervision of its senior management than Rosneft. BP has already had some headaches from its joint venture TNK-BP. Last spring, for example, Russia's natural resources and ecology minister Yuri Trutnev s

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    12. GMI Ratings Governance Issue | Foxconn Technology Group

      After around 2,000 workers brawled at a Foxconn Technology Group dormitory, the Taiwanese electronics maker said it would close a plant in China on Monday, according to Reuters. Although the Apple product supplier continues coming under fire, the international disclosure about its corporate governance remains relatively murky, signaling that its global clients don’t require much information in order to strike a deal. The Foxconn facility involved is in the Chinese city of Taiyuan and employs abo

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