Corporate Governance

By Charlie Helps | Setting the pace with the latest trends and news in Corporate Governance. Daily Corporate Governance and CSR news: http://paper.li/ToGovern Twitter: http://twitter.com/ToGovern #CorpGov #ToGovern #CSR #Risk

Chaos in the White House: 'There's never been anything like this'

After the fastest, most furious week yet for the Trump administration, America’s elder statesmen say they have never seen such turmoil or ineptitude<p>When press officers at the White House glance up from their desks, they are constantly reminded of their boss’s big day. On the wall, in thick dark …

Donald Trump

Directors’ Watchlist

<p>Fiduciary Duties<p>Directors must guard their companies and their stakeholders against risk, keeping a constant ‘weather eye’ on global, macro, …

Germany warns the City over Brexit risk

<b>One of Germany's most senior banking regulators has warned London that it is likely to lose its role as "the gateway to Europe" for vital financial services.</b><p>Dr Andreas Dombret, executive board member for the German central bank, the Bundesbank, said that even if banking rules were "equivalent" …

BT Group plc may never return to 500p

Before the company’s disastrous profit warning at the end of January, shares in <b>BT</b> (LSE: BT.A) had declined by around 20% excluding dividends over the …

Investing

Whistleblower: ‘I knew people would misuse this.’ They did - to attack climate science

Fake news propagates through the conservative media to the halls of Congress where science is under attack<p>This weekend, conservative media outlets launched an attack on climate scientists with a manufactured scandal. The fake news originated from an accusation made by former NOAA scientist John …

Climate Change

There’s a simple legal reason Trump is probably going to get away with his conflicts of interest

In a lawsuit filed the Monday after inauguration, the ethics group CREW (Citizens for Responsibility and Ethics in Washington) grabbed a few headlines by formally taking Trump to court. In its filing, CREW asked a federal court to rule that US president Donald Trump’s business dealings violate the …

Conflicts of Interest

New Zealand central bank shifts focus to external risks: assistant governor

WELLINGTON (Reuters) - The Reserve Bank of New Zealand's focus has shifted to external risks, including U.S. protectionism, and away from domestic issues, a top central banker told Reuters in an interview on Thursday.<p>Earlier, the RBNZ held interest rates steady and signaled that a further cut in …

Forex

12 Ways to Identify the Future Leaders of Your Company Right Now

You don't have to have a big HR budget, or even an HR team, to make this happen.<p>Let's face it: At the core of every successful company is a team of good leaders making good decisions.<p>When you set out to identify future leaders to move your company forward, do you know what to look for? Could you …

Leadership

Labour in chaos: Tulip Siddiq resigns as Corbyn imposes whip barring MPs from blocking Article 50

A shadow minister has quit after Jeremy Corbyn said that that he will force his front-bench team to vote in favour of triggering Brexit.<p>Tulip Siddiq, the shadow early years minister, said that because the "vast majority" of her constituents voted to stay in the European Union she cannot back …

Referendums

Researchers Say They've Figured Out What Makes People Reject Science, and It's Not Ignorance

Why some people believe Earth is flat.<p>A lot happened in 2016, but one of the biggest cultural shifts was the rise of fake news - where claims with no …

Environment

Tech giants in the crosshairs as Davos elite faces up to new global realities

Those Davos delegates who paused long enough between opining, pressing the flesh and experiencing "a day in the life of a refugee" at this year's World Economic Forum may have sensed the world tilting ever so slightly on its axis.<p>Xi Jinping was the star turn. The first Chinese President to attend …

Technological Change

‘Barclays took my £440,000 and put me through hell’

Customers are getting caught up as banks de-risk due to money laundering laws, and the consequences can be disastrous<p>Last September Mohammad Rahman won a four-year battle for compensation for disabilities caused by clinical negligence. A court awarded him £500,000, which was paid into the current …

Banking

These Are The Jobs Most Likely To Be Taken Over By Robots

If you saw our list of least stressful jobs of 2017 and considered a pivot into a new profession, you may want to reconsider. It sounds like science fiction, but while you're planning your future, you may want to factor in the possibility of automation — namely, whether or not your job will get …

VW's legal troubles mount as US executive arrested and UK compensation claim launched

Volkswagen executives hid the company’s cheating of pollution tests, having been told about the company’s use of “defeat devices” to beat emissions controls months before the “dieselgate” scandal broke, according to US authorities.<p>The allegations came as one of the company’s senior staff in the US …

FTSE 350 firms get together to try to cap executive pay deals

Senior City figures are attempting to respond to anger over executive pay by forming a new group of remuneration committee chairmen to push back against management salary demands.<p>Every remuneration committee chair­man in the FTSE 350 will be invited to join the group, which is modelled on the 100 …

'We need a charities tax to win back public trust, says Charity Commission boss

William Shawcross has a year left as chairman of the Charity Commission which keeps a close eye on the UK's voluntary organisations. And he is determined to make every moment count after what has been one of the most turbulent periods in the sector's history.<p>In the next few weeks the regulator will …

RBS investors call for governance changes to improve transparency

Shareholder committee ‘would prevent poor stewardship’ at Royal Bank of Scotland to avoid rerun of near collapse<p>About 160 investors are calling for the Royal Bank of Scotland to shore up corporate governance by creating a shareholder committee to sniff out “poor stewardship”.<p>The aim is said to be …

RBS: Small shareholders demand a say in bank bosses' pay

<b>Small investors in RBS are pushing for the bank to set up a shareholder committee to give them a bigger say in areas such as executive pay.</b><p>Groups representing small shareholders argue they should be involved in ensuring good corporate governance.<p>Investors hope RBS will serve as a test case so other …

Financial Services

Head of Japan's top ad firm to quit after new recruit's death from overwork

President of Dentsu to step down a year after Matsuri Takahashi killed herself, sparking calls for Japan to overhaul work culture<p>The head of Japan’s biggest advertising agency is to resign, as prosecutors launch an investigation into his firm for enforcing excessive overtime after an overworked …

Where Was The Board During Brexit?

The vast majority of the UK's FTSE 250 companies had not discussed contingency planning for a possible Brexit with the chairman of the board or the chairman of the audit committee. The failure of boards and management to engage on a matter of such significance should be alarming to shareholders on …

Rethinking the Board After Volkswagen

For those who have been thinking that assessing a company's environmental, social, and corporate governance factors (ESG) is simply fluff, heed the lessons of Volkswagen. According to Howard Sherman, head of corporate governance business development at MSCI, "We have had concerns about VW for some …

6 Reasons Why Every Board Needs 'Fresh Eyes'

Every board needs what I call “fresh eyes.” I define it as being able to see things that others do not. Boards acquire fresh eyes when they add …

Digital natives can handle the truth. Trouble is, they can’t find it

Alarming research shows that while the young are brilliant at flitting about on social media, their ability to nail down hard facts is woefully lacking<p>The late, great US senator and sociologist Daniel Moynihan famously observed that everyone is entitled to their own opinion, but not to their own …

Fake News

CIA concludes Russia interfered to help Trump win election, say reports

Agency reportedly believes individuals acting for Moscow hacked Democrat party emails and gave them to WikiLeaks<p>US intelligence agencies have concluded that Russia interfered in last month’s presidential election to boost Donald Trump’s bid for the White House, according to reports.<p>A secret CIA …

Government accused of treating Britain's EU legislation with contempt

Lawyers for claimant in article 50 supreme court case say ministers regard laws as less important than the Dangerous Dogs Act<p>Parliamentary legislation that paved the way for Britain to enter the EU is being treated with contempt by ministers who regard it as less important than the Dangerous Dogs …

Boris Johnson may wish otherwise, but the old world order is finished

The new populism and the conflicts of the current century require fresh ways of thinking. His latest speech shows the foreign secretary is stuck in the past<p>The thoughts of a British foreign secretary on world affairs are like those of a sommelier on wine – they don’t alter the taste. Boris Johnson, …

49 Quotes That Will Help Boost Your Accountability

Accountability is often the missing ingredient that hold teams back from achieving success. Here are 49 quotes that will help you better understand and will boost your accountability.<p>Accountability is a key ingredient in any success, but it seems to be the one that people have most difficulty with. …

Success

Shell case may launch wave of lawsuits

Royal Dutch Shell is facing a High Court battle over alleged environmental damage from its oil pipelines in Nigeria, in a test case that could open the floodgates to more multinationals being sued in London courts.<p>The oil giant and its subsidiary, the Shell Petroleum Development Company of Nigeria …

Brexit and Trump have exposed the left’s crucial flaw: playing by the rules

If the leavers or the alt-right had lost the vote, they would be howling. The remain camp and the Democrats must learn a tactical lesson – sheer ruthlessness<p>Join me in a little thought experiment. Imagine, if you would, that the Brexit referendum had gone the other way, 48% voting to leave and 52% …

Brexit