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Corporate Governance News

Corporate Governance news continually updated from thousands of sources around the net.

16 min ago | Hispanic Business

Emerald Sri Lanka Fund I Limited project

The Fund will take significant minority stakes in 10-12 well run companies. The Fund will add value by providing support and expertise on capital structures, financial reporting, business development, management development, corporate governance, strategy etc.

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4 hrs ago | South China Morning Post

ICAC erases references to fired China Resources boss Song Lin

Hong Kong's graft watchdog was quick to distance itself from fired China Resources boss Song Lin, erasing from its website references to his role as head of its ethics committee.

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17 hrs ago | Customer Interaction Solutions

IAASB Takes a Holistic Approach in Its New Framework for Audit Quality

NEW YORK, April 18 -- The International Federation of Accountants' International Auditing and Assurance Standards Board issued the following news release: The International Auditing and Assurance Standards Board today released its new publication, A Framework for Audit Quality: Key Elements that Create an Environment for Audit Quality .

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Related Topix: Corporate Governance, Law

Fri Apr 18, 2014

NACD

Ask the Research Team

NACD's ExpresSource Service offers our members complimentary, on-demand access to our independent research team for answers to pressing corporate governance and board leadership questions.

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Related Topix: Corporate Governance, Law

Sys-Con Media

Shareholder Alert: Pomerantz Law Firm Announces the Filing of a Class ...

The class action, filed in United States District Court, Middle District of Florida, and docketed under 1:14-cv-20880, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired Walter Investment securities between May 9, 2012 and February 26, 2014, both dates inclusive .

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Related Topix: Corporate / Securities Law

Renton Reporter

City of Renton wins prestigious financial reporting award

The Certificate of Achievement in Financial Reporting has been awarded to the City of Renton by the Government Finance Officers' Association of the United States and Canada for its comprehensive annual financial report .

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Related Topix: Renton, WA

Miami Student

Convicted Enron CFO to speak on ethics

Enron Corp. was an energy, financial services and commodities company based in Houston, Texas.

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Related Topix: Energy, Enron, Corporate Governance

Reuters

Fitch Affirms BPM's IDR at 'BB+'/Negative; Downgrades VR to 'b+'

LONDON/WARSAW/MILAN, April 17 Fitch Ratings has affirmed Banca Popolare di Milano's Long-term Issuer Default Rating at 'BB+' with Negative Outlook.

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Walta Information Centre

Ethiopian CEO honors employees' fidelity to the extraordinary success ...

Addis Ababa, 18 April 204 - The dedication and high commitment of the employees who identified themselves with the Airlines' Vision resulted in an extraordinary and remarkable achievement, CEO Tewolde Gebremariam.

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Related Topix: Ethiopia, Africa, World News

National Review Online

Murdock: Red Tape Stymies a Fight Against Liver Disease

Left unchecked, it can devolve into fibrosis, cirrhosis, liver cancer, and liver failure.

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Related Topix: Liver Cancer, Health, Corporate Governance, Law

Thu Apr 17, 2014

Freshnews

Ixia Announces Intention to Restate 2013 First and Second Quarters,...

Ixia announced today that the Audit Committee of the company's Board of Directors has concluded that the company's previously issued condensed consolidated financial statements contained in its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013 and June 30, 2013 should no longer be relied upon and should be restated.

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Related Topix: Electronics, Ixia, Telecom, Corporate Governance, Law

Computer Weekly

SAP declares 8% revenue growth in EMEA

SAP has declared solid 8% revenue growth in the EMEA region for the first quarter of 2014, "despite uncertainties in the CIS due to the Crimea crisis".

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The CPA Technology Advisor

New Solution Designed to Solve SAP Data Access Challenges

The new version of ACL Direct Link for SAP ERP and SAP CRM , an SAP-certified data extraction add-on for ACL Analytics and ACL Analytics Exchange helps professionals who are struggling to gain access to transactional SAP data necessary to test controls and ensure regulatory compliance under Sarbanes-Oxley and other financial requirements.

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Related Topix: Scotts Miracle-Gro

Reuters

Pop Milano cash call won't be delayed by governance rejection

Banca Popolare di Milano said on Wednesday the recent rejection by shareholders of corporate governance reforms would not delay its plans for a capital increase of 500 million euros .

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Accountancy Age

EU Parliament adopts non-financial reporting rules

LARGE COMPANIES within the EU must disclose a host of non-financial information in their annual reports after European lawmakers overwhelmingly approved new accounting rules.

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Wed Apr 16, 2014

The Washington Post

Citic Pacific Agrees to Pays $36 Billion for Parent's Assets

Hong Kong's Citic Pacific Ltd. agreed to pay 226.9 billion yuan to buy Chinese banking and brokerage assets from its state-owned parent, underscoring China's push to loosen control over the economy.

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Related Topix: Goldman Sachs, Financial Services, Investment Services, Business News

Reuters

REFILE-Wind of change starts blowing at Italian companies

Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.

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Business Journal

SEC Commissioner Piwowar deciphers regulators, how they work for CMU students

Guess how far regulators have progressed with Sarbanes-Oxley, after three and a half years of filling in the rules outlined by the massive tome? That's the question Securities and Exchange Commmissioner Michael Piwowar put to Carnegie Mellon University students Wednesday at the Tepper School of Business.

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Related Topix: Corporate Governance, Law, Carnegie Mellon University

The CPA Technology Advisor

FASB Offers New Guidance for Reporting on Discontinued Operations

The Financial Accounting Standards Board has issued new guidance that improves U.S. Generally Accepted Accounting Principles by more faithfully representing when a company or other organization discontinues its operations.

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Related Topix: Law, Corporate Governance

GNIF Brain Blogger

Executive Pathologies - The Relationship Between CEO Narcissism and Fraud

Research suggests an association between CEO personality traits and fraudulent behavior.

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Related Topix: Prison

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