All Boards & Shareholders articles – Page 14

  • Blog

    Top issues at shareholder meetings include global trade, misconduct

    2018-03-12T12:00:00Z

    Executive misconduct, cyber-breaches, global trade concerns, demands for transparency, and historic changes brought about by the new tax law are among the topics being discussed in corporate board rooms, according to a new report by BDO USA.

  • Blog

    Autoliv elects two new board members

    2018-03-05T13:15:00Z

    Autoliv, an automotive safety systems company, has added two new independent directors to the Autoliv Board, Hasse Johansson and Thaddeus “Ted” Senko, effective March 2. With the addition of Johansson and Senko, Autoliv has expanded its board size from nine to eleven directors.

  • Blog

    The board's role in internal controls

    2018-03-03T12:00:00Z

    Internal controls for a board or board compliance committee should be broken down into five concepts, says The Man From FCPA.

  • Blog

    CCO reporting to the board

    2018-03-03T12:00:00Z

    Chief compliance officer reporting to the appropriate board of director’s compliance committee has to be structured carefully to promote ethics and compliance. Inside are five best practices that should guide the reporting.

  • Blog

    Compliance lessons from the HP-Autonomy fiasco

    2018-03-03T11:45:00Z

    The Man From FCPA discusses the reasons behind one of the greatest corporate disasters in the past few years: the acquisition of Autonomy by Hewlett-Packard.

  • Blog

    Board’s prudent discharge of compliance obligations

    2018-02-26T14:45:00Z

    A look at how board members might want to enhance their prudent discharge to shareholders in regard to the FCPA, as the SEC and Justice Department could be giving it their full attention.

  • Blog

    OIG guidance for boards on compliance

    2018-02-26T14:45:00Z

    It turns out that 2015 guidance from the OIG provides an excellent roadmap in today’s world for how companies can structure a compliance committee for their board and for the board’s obligations.

  • Blog

    SEC’s Jackson seeks dual-share compromise with ‘sunset’ provisions

    2018-02-16T10:45:00Z

    SEC Commissioner Robert Jackson is urging exchanges to prohibit companies with dual-class shareholder structures from listing if that arrangement does not include sunset provisions.

  • Article

    How much disruption can shareholder activists cause?

    2018-02-13T11:15:00Z

    The rising trend toward shareholder activism has incited boards of directors to seek defensive measures, but do shareholders pose that much of a threat?

  • Blog

    Does your board have a compliance expert?

    2018-02-11T10:00:00Z

    The Federal Reserve Bank this month assessed a penalty against Wells Fargo for the bank’s widespread customer abuse from its fraudulent accounts scandal, other regulatory violations, and lack of response by the bank’s doard of directors to these problems and other risk management issues.

  • Blog

    Why board oversight matters, in investing and compliance

    2018-01-29T15:15:00Z

    The case of Outcome Health is a clear lesson for the anti-corruption compliance practitioner: Levels of oversight not only provide a backup to make sure that no mistake should slip through, but also the rigor of financial oversight.

  • Blog

    HomeStreet appoints new board member

    2018-01-29T09:45:00Z

    HomeStreet, the parent company of HomeStreet Bank, has appointed Mark Patterson to the board of directors of the company and the board of directors of the bank.

  • Blog

    Tesla offers CEO Elon Musk a monumental pay-for-performance deal

    2018-01-23T11:15:00Z

    Under Tesla's proposed pay-for-performance compensation plan for CEO Elon Musk, his compensation will not fully vest unless the company grows its market cap  to $650 billion, an increase of nearly $600 billion.

  • Article

    The rise of passive investors as a corporate governance force

    2018-01-23T10:00:00Z

    Investors in index funds are taking a page from their activist counterparts and making demands on companies. The surprise: Those companies are listening.

  • Blog

    The stunning Petrobras securities lawsuit settlement

    2018-01-04T13:00:00Z

    In a stunning capitulation, Petrobras settled with U.S. investors for nearly $3bn in a class-action lawsuit as follow-on litigation to the long-standing corruption allegations against the company.

  • Blog

    Activist investor Nelson Peltz to join P&G board

    2017-12-28T14:15:00Z

    Procter & Gamble Company said that it has appointed activist investor Nelson Peltz to its board of directors, despite Peltz narrowly losing his seat in the biggest corporate proxy battle ever involving a U.S. company. His appointment is effective March 1, 2018.

  • Blog

    The imperial CEO

    2017-12-19T12:00:00Z

    Former GE CEO Jeff Immelt managed in a way that he could have a backup private jet follow him around, but never had time to speak with the person managing the fleet...or to let the Board know about his infamous "ghost plane."

  • Blog

    Compliance on the board

    2017-11-20T12:00:00Z

    The Man From FCPA reveals what expertise is needed on the board of directors when your company is evaluated under the factors set out in Prong Three of the FCPA Pilot Program and the Evaluation of Corporate Compliance Programs.

  • Blog

    Board of directors’ compliance committee

    2017-11-20T12:00:00Z

    It is incumbent that boards seek out and obtain sufficient information to fulfill their legal obligations and keep their company off the front page of the New York Times, Wall Street Journal, or Financial Times, just to name a few, to prevent serious reputational damage. A board compliance committee is ...

  • Blog

    Corporate culture around whistleblowers

    2017-10-03T15:00:00Z

    The unspoken reality in the corporate world is that many whistleblowers are deemed complainers, and yet, Congress, regulators, and even the companies that verbally demean whistleblowers recognize that those with personal knowledge of wrongdoing are often best placed to report it, writes The Man From the FCPA.