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    1. CBS’s Board Pretends to Know What It’s Doing

      CBS’s Board Pretends to Know What It’s Doing

      CBS Corp. takes the prize this year for most dysfunctional corporate governance. It’s lucky the disarray isn’t showing up in its business operations — well, not yet.

      The $20 billion media company is mired in a bitter legal battle against its controlling shareholder, Shari Redstone, a situation that has turned nasty, with both sides trading jabs and accusations in recent months...

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    2. Britain’s Non-Executive Club Needs New Members

      Britain’s Non-Executive Club Needs New Members

      Britain’s accounting watchdog is in the strange position of updating the country’s corporate governance code while simultaneously fighting for its life.The Financial Reporting Council is reeling from the collapse of Carillion Plc earlier this year. The construction firm’s demise exposed a host of governance failings: auditors missed red flags in the accounts, the board failed to challenge management, and investors waved through fat pay packets and juicy dividends...

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    3. What do companies really have to reveal when a CEO is ousted?

      What do companies really have to reveal when a CEO is ousted?

      Barnes & Noble's announcement on Tuesday that its CEO, Demos Parneros, was being terminated, gave investors some important information: He would not get a severance. His firing was not related to "any potential fraud." He had violated a company policy and would no longer be a company director.

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    4. BREAKING NEWS: Elon Musk Appears Emotional As He Overcomes Vote to Remove Him From Tesla Board

      BREAKING NEWS:  Elon Musk Appears Emotional As He Overcomes Vote to Remove Him From Tesla Board

      Tesla shareholders voted to maintain Elon Musk’s role as chairman of Tesla’s board during the company’s annual shareholder meeting in Mountain View, Calif., Tuesday despite a controversial proposal to strip him of that position. The vote of confidence is a major boon for Tesla’s embattled chief executive and founder, but arrives six months into what is...

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    5. Lululemon Flexes Its Muscles in CEO Audition

      Lululemon Flexes Its Muscles in CEO Audition

      Lululemon Athletica Inc.’s chairman, Glenn Murphy, joked on the company’s earnings conference call Thursday evening that you could laminate its latest results because they were so strong.

      And Murphy is right: The athletic-apparel retailer showed itself to be in prime shape in the first quarter. Its comparable sales increased a whopping 20 percent over a year earlier, or 19 percent on a currency-adjusted basis...

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    6. Don’t Ignore the Facebook Shareholder Revolt

      Don’t Ignore the Facebook Shareholder Revolt

      The owners of Facebook Inc. are gathering on Thursday in Silicon Valley for an update from management and their annual vote on corporate matters. We already know the results, but that doesn’t make the process irrelevant. In fact, it’s time to pay closer attention to the signs of restive shareholders at big technology companies...

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    7. Tesla’s Board Sounds the Retweet

      Tesla’s Board Sounds the Retweet

      Elon Musk’s recent Twitter-lashing of the media has prompted comparisons to President Donald Trump’s “fake news” obsession. For me, though, its sheer variety – encompassing Soviet propaganda, a new Model Y launch date, the Theranos scandal, the lameness of car emoji, and much more – instead brought Steve Bannon to mind, particularly his media strategy:  “flood the zone with shit.”...

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    8. Fortis Directors Deserve a Discharge Slip

      Fortis Directors Deserve a Discharge Slip

      Fortis Healthcare Ltd. has to admit a new owner to keep the lights on. Before it does, though, India’s second-largest hospital chain must write four of its board members a discharge slip.

      The country’s serious fraud office and the stock-market regulator are investigating Fortis even as it tries to sell itself to one of five serious suitors, which include Malaysian, Chinese and homegrown Indian buyers, as well as American private equity...

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    9. Tesla’s Board Keeps Facing Investor Grievances

      Tesla’s Board Keeps Facing Investor Grievances

      Tesla Inc. is facing renewed criticism over its corporate governance a week after Chief Executive Officer Elon Musk refused to answer questions about the company’s finances on an earnings call. While Musk calling analysts’ questions “boring” and “dry” was unusual, the billionaire and his board drawing fire from some investors is far from unprecedented.

      1. Who’s attacking the company now, and why?...

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    1-24 of 109 1 2 3 4 5 »
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