In 2019, the board of directors of McDonald’s Corp. took the unusual but bold and moral decision to dismiss its CEO Steve Easterbrook after he revealed he’d had a consensual relationship with a co-worker...
Several European countries - including Norway , Germany , Finland, France and Spain - have introduced quotas for women on company boards. Other countries have introduced voluntary targets and imposed penalties for failing to appoint women directors . And this year, public companies in California will face a US$100,000 penalty if their boards don't include women...
We examined the records of 1,714 companies that made up the US Standard and Poor’s index between 2000 and 2011 to determine what had happened to the executives and directors of those that had engaged in the most aggressive forms of tax avoidance.
Women now hold almost 30% of all board positions in Australia’s top 200 listed companies. Former AICD head Elizabeth Proust says that’s significant, because research “has shown this is the point at which you genuinely change the conversation around any table.”
In a throwback to the 1970s, a British political leader has called for workers on company boards, attacked top pay, denounced company directors who take exorbitant dividend payments and praised the idea of more interventionist government. Quantitative easing has been criticised for benefiting the wealthy while expansionary fiscal policies and infrastructure investment are back in favour. There are promises to promote “working class” interests ...
Good corporate governance has intrinsic links to profit. Shareholders want value for money in paying board members. Regulators seek fewer failures and higher stability. And banks intend their corporate governance arrangements to deliver stronger oversight of managemen...
It also shows that the claim to continuous “improvements” underlying the UK Code of Corporate Governance has, over the past 23 years, amounted to little more than a minor face-lift and offers no greater protection for shareholders, employees, suppliers ...
Along with deductions, write-offs and reconciling accounts, Australian businesses have ended the financial year with their second report on diversity strategy and compliance with the ASX Corporate Governance Council (CGC). Statistics from the first year's