Corporate Governance News

Residents of Ethandakukhanya in Piet Retief have gone on the rampage, burning tyres over allegations of financial mismanagement in the municipality, the SABC reported on Monday.

Constar International Inc. , a growth-oriented team focused company, is a $900 million+ leading manufacturer of plastic bottles for consumer marketing companies around the world, manufacturing a wide range of plastic bottles for food, beverage, personal care, household and industrial products.

Kana Software's second-largest investor cried foul Monday, alleging that its board of directors was acting unfairly "to hold an uncontested election in troubled times and in the face of stockholder dissatisfaction" in a complaint it filed seeking to postpone the Menlo Park company's annual meeting.

Genocea Biosciences, a leading vaccine discovery and development company, today announced that Robert E. Farrell Jr., CPA has joined the company as Vice President, Finance and Administration.

Michele Reing Joins Interstate Hotels & Resorts as Senior Vice President, Corporate Controller She will be responsible for corporate and joint venture accounting, financial reporting including SEC and Sarbanes Oxley compliance, corporate budgeting, forecasting and corporate audits, as well as act as the key liaison with the board of directors audit ...

A senior Bradford councillor is leading the charge against Marks & Spencer bosses over the way the company is being run.

Textron Inc. today announced that it has promoted Robert J. Ayotte to the position of vice president, Audit Services, reporting to acting Chief Financial Officer Richard L. Yates, effective today.

The State Fire Prevention Commission will get more authority to enforce training standards and financial-reporting requirements under changes recommended by a legislative committee Monday.

The Institutional Shareholders' Committee suggestions to make boards more responsive to investor concerns are immediately attacked for 'passing the buck' Investor groups yesterday responded to government criticism that shareholders failed to tackle risk-taking companies in the years before the credit crisis by suggesting reforms.

A recommendation by MPs for a blanket ban on bank auditors selling consultancy services to clients has been welcomed by a leading business group and a corporate governance advisory body but has been dismissed as 'silly' by a former finance director.

Will activist investor Bill Ackman pick off a Target Corp. board seat for himself and his proposed candidates? Or will Target prevail in getting its four candidates re-elected to the board? The battle for the Target Corp.

The Supreme Court said today that it will rule on the constitutionality of the antifraud law that grew out of accounting scandals at Enron Corp.

UNITE HERE has gone on the offensive, taking an interest in the shareholder voting at Ashford Hospitality Trust's recent annual meeting.

By Staff Washington - A Washington-based watchdog group has challenged the constitutionality of the board appointed to oversee Sarbanes-Oxley in the Supreme Court, arguing that none of the Accounting Board's members were appointed by the President.

Some money managers could face surprise audits to make sure they aren't following in Bernard Madoff's footsteps, after the Securities and Exchange Commission voted Thursday to propose tighter supervision of investment managers who have custody of their clients'assets. The SEC proposal, approved 5-0, would require investment managers of hedge funds, ...

U.S. regulators are arguing over how much influence the government should wield over bank management, pitting taxpayer protection against concern at roiling fragile financial markets.

Ken Starr and Viet Dinh have an important article in the WSJ today about the constitutional affront that is the Public Company Accounting Oversight Board .

In the past year, my opponents have spent a lot of time attacking me. The people of Connecticut deserve the respect of being presented the truth rather than unchecked partisan rhetoric.

Atmos Energy Corporation said today it has promoted Christopher T. Forsythe from director, financial reporting, to vice president and controller.

My client, an international investment bank is seeking their Vice President for their Accounting Advisory and Financial Reporting division.