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Corporate Governance

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Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
Publication: JCN Newswires | Filed In: Supply Chain Management and Operations
Establishing manufacturing structure of four production centers worldwide and strengthening BCP Tokyo, Jan 31, 2012 - (JCN Newswire) - Tanaka Holdings Co., Ltd. (a company of Tanaka Precious Metals) today announced that Tanaka...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
By Callegari, John | Publication: Long Island Business News | Filed In: Economic Growth and Economic Conditions
The New York State Economic Development Council announced Thursday it will be launching four programs designed to give statewide development professionals new tools for growing the economy. The new programs include: * A...
Business Journal
By Alastair Mundy | Publication: LexisNexis | Filed In: Foreign Investment and Trade & Development Finance
Japan? Not again. After 20 years of trying to call the bottom why don't people just give up...most have To be fair, I haven't been calling the bottom for 20 years. However, it...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
By Starzee, Bernadette | Publication: Long Island Business News | Filed In: Probate and Estate, Gift & Trust Law
Steven P. Block Partner Futterman, Lanza & Block An attorney and a certified public accountant, Block advises clients on all aspects of estate and elder law planning. In 2011, he merged his practice...
Business Journal
Mr Bracey has resigned to join Michael Page International plc. He will remain to complete the year end audit and annual report process, and is expected to leave in April 2012. A formal...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
NEW YORK -- Nine companies this month launched a process to test newly-developed Key Performance Indicators (KPIs) to assess reputational risks and operational shortcomings associated with labor and human rights factors in corporate...
Press Release
Top global executive search firm promotes Lydia Reitano to CFO and Corporate Secretary, and Dana Rutty to Assistant Corporate Secretary NEW YORK -- Boyden, a global leader in executive search with more than...
Press Release
Publication: JCN Newswires | Filed In: Engineering and Science & Technology
Joint development with Kyushu University optimized for semiconductor miniaturization 20 nanometers or later, aiming for commercialization this year Tokyo, Jan 19, 2012 - (JCN Newswire) - Tanaka Kikinzoku Kogyo K.K. (*1) (a company...
Business Journal
Provides a Course on Strategic Alliances. Course Goals include: To use alliances to achieve your organization's strategic goals To apply a systematic framework, including processes and tools, for planning, forming, operating, and reviewing...
Business Journal
Publication: Business Wire | Filed In: Suits & Claims and Trial & Procedure
WILMINGTON, Del. -- Rigrodsky & Long, P.A. announces that a class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons...
Press Release
Publication: Business Wire | Filed In: Shareholder Rights and Shareholders
NEW YORK -- Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other...
Press Release
Publication: Business Wire | Filed In: Charities and Philanthropy
AUSTIN, Texas -- Associa, North America's largest community association management firm, announced today Vice President of Marketing and National Sales Chris Harrison was appointed Committee Chairperson of the 2012 CAI Austin Awards Gala....
Press Release

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Business Glossary

Definitions for: corporate governance
corporate governance

the system of checks and balances designed to ensure that corporate managers are just as vigilant on behalf of long-term shareholder value as they would be if it was their own money at risk. It is also the process whereby shareholders-the actual owners of any publicly tradedfirm-assert their ownership rights, through an elected board of directors and the CEO and other officers and managers they appoint and oversee. In the heels of corporate scandals including the Enron debacle in 2002, a series of sweeping changes are being sought, such as forcing boards to have a majority of independent directors, granting audit committees power to hire and fire accountants, banning sweetheart loans to officers and directors, and requiring shareholder's approval for stock option plans. More specifically, the following principles stitute good governance:

  1. To avoid conflicts of interest, a company's board of directors should include a substantial majority of independent directors-independent meaning that directors don't have financial or close personal ties to the company or its executives.
  2. A company's audit, nominating, and compensation committees should consist entirely of independent directors.
  3. A board should obtain shareholder approval for any actions that could significantly affect the relationship between the board and shareholders, including the adoption of anti-takeover measures such as "poison pills."
  4. Companies should base executive compensation plans on pay for performance and should provide full disclosure of these plans.
  5. To avoid abuse in the use of stock options (and executive perquisites), all employee stock option plans should be submitted to shareholders for approval.

Institutional Shareholder Services, Inc. (http://www.issproxy.com/), an influential proxy advisor, started scoring companies on governance issues.

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