The advisory board is one area that is overlooked by many businesses but can be a game changer. According to BDC, 86% of businesses with an advisory board say it has a significant impact on their businesses...
Ethical organizations require ethical cultures, and leadership is key to ensuring a strong code of conduct at all levels...
Communicating effectively with corporate directors is vital to tech leaders’ success. Here are several key elements for gaining their trust...
In the spirit of retaining employees, Southwest CEO Gary Kelly asked the airline’s unions to accept salary cuts and concessions to avoid layoffs—if a government rescue is not on the horizon...
Williams has taken over the CFO position at a critical time. She has represented Macy's at several analysts meetings and showed strength and conviction...
In this election year, North Carolina has emerged as one of the most interesting energy states in the country. That’s in part due to its status as a “purple state,” with its basically 50/50 divide between the Republican and Democratic parties, and in part because the regulatory climate in the state is reflective of the shifting energy-related dynamics taking place across the country...
The Enron scandal and bankruptcy of the early 2000s was a financial debacle for thousands, sent former CEOs to prison, and led to the extinction of a Big Five accounting firm. It also transformed corporate governance, ushering in the era of Sarbanes-Oxley transparency and accountability. Important transactions into which Enron entered with Board approval suffered from crucial accounting and governance defects...
California’s new board diversity requirements are likely to have a national ripple effect, introducing “Underrepresented Communities” as a new governance term of art...
Apple and Tesla executed stock-splits last month, and their shares soared in value. This double starburst of “alpha” added an astounding $770 Bn to the companies’ market capitalizations – equal to about 2% of the entire value of the U.S. stock market. From just two companies. In less than one month...
On September 22, 2020 the report “COVID-19 and Inequality: A Test of Corporate Purpose” by KKS Advisors and the Test of Corporate Purpose(TCP) initiative was published. TCP was founded by Mark Tulay...
A press release on September 22, 2020 announced the publication of “COVID-19 and Inequality: A Test of Corporate Purpose” by KKS Advisorsand the Test of Corporate Purpose (TCP) initiative...
A hardball lawsuit brought by GM against a former director provides a valuable corporate governance reminder of the need to demand accountability for board-level breaches of confidentiality...
Ask most board directors and CEO’s to define cybersecurity and artificial intelligence in a board meeting and have them share their answers and you may well find that their depth of knowledge is too shallow in their duty of care responsibilities...
COVID-19 is proof that pandemics are a real and catastrophic risk for global economies and businesses. This crisis has shown that many businesses are under prepared for such global-scale disruptions, with those that lack agility and resilience most impacted. As businesses prepare for future systemic risks, they can no longer ignore environmental, social and governance (ESG) issues...
The recent rise of shareholder activism in Japan has boosted the stock price of Tokyo-listed IR Japan, a consultancy specializing in shareholder relations, elevating its CEO Shirou Terashita into the ranks of the world’s billionaires...
Are you keeping informed by reading on a regular basis, here are a few guide posts to help you speed up your AI learning as a board director, CEO or senior executive striving to advance your knowledge in the Intelligence Revolution - where AI is simply everywhere!...
It’s increasingly important for boards to confirm who they expect to act as a fiduciary, and with what powers and duties...
The role of the CISO has never been more appreciated by the boardroom because of Covid. As companies moved to work-from-home practices, hackers worked overtime to capitalize on the chaos, and the CISO was front and center with many corporate boards...
They were once the height of controversy. As recently as 2018, even progressive voices railed against quotas. In the winter of that year, The Economist warned that they “were no friend to women”. Quotas distract, its leader argued, “from the bigger challenge of helping women rise on their merits.”...
For the uninitiated, as of right now there are 4,322 private equity firms with over 92,494 portfolio companies listed in the Private Equity Info Database. While these portfolio companies are generally private, their boards often include independent board directors...
We read about it almost every day — that a diverse workplace environment improves performance. This phenomenon exists as a relatively recent development, as “diversity and inclusion” only came about as a term after WWII when then President Truman required the integration of the armed forces. Truman was roundly criticized for his decision, now considered bold and morally courageous...
During the Covid-19 pandemic, we saw over 3,600 corporations file for bankruptcy protection. These companies include iconic American brands, such as J.C. Penney, Hertz, J. Crew, Pier 1, Brooks Brothers and Neiman Marcus. Many of them attribute their dire situations to the virus outbreak...
Boards are facing increasing stakeholder demands to make environmental sustainability a permanent part of the governance agenda...
Environmental, social and governance (ESG) issues are increasingly taking center stage in corporate elections around the world and, with most of this year’s “proxy season” behind us, the outcomes on ESG-related proposals are striking...