Applying Commonsense Principles 2.0 | Ethical Boardroom

An update on the Commonsense Principles for corporate governance, first published in 2017: The Commonsense Principles 2.0 built on the strong foundation of the 2016 Principles to reflect the evolving conversation and drive forward a more developed understanding of, and agreement on, the key tenants of corporate governance that support long-term value for all shareholders. Notably,…

Retail Surprises and Summer Movies – Motley Fool Money — The Motley Fool

Thanks as always to Motley Fool Money for inviting VEA Vice Chair Nell Minow on as a guest to discuss corporate governance (and movies). Retail Surprises and Summer MoviesTarget hits the mark. Best Buy surprises. Intuit rises. And Coca-Cola gets a refresh. Analysts Andy Cross and Jason Moser discuss those stories and discuss earnings from…

Can the Facebook CEO Also Oversee Privacy Compliance? NO.

Let’s be clear about this: the CEO and the compliance officer should not be the same person, especially when the government has had to come back for a second time after the terms of the first settlement agreement were almost immediately violated. The Federal Trade Commission is negotiating a settlement with Facebook that would create…

Has La Croix Lost Its Fizz?

National Beverage, producer of La Croix flavored fizzy water, has been criticized for the tone and substance of its recent filings. On Forbes, Jim Collins calls CEO Nick Caporella’s statement “bizarre” and points out the contradictions in its explanation for reduced revenues: La Croix sales are falling due to litigation, but that litigation will not…

Why Progressive Politics Matter To Corporate Governance: Forbes

Lawyer Michael Peregrine writes in Forbes about how the upcoming political season may raise more issues about the role of corporations than any other in history: Progressive oriented politicians—including several who are running for President—are promoting a series of bold, innovative, ambitious and thoroughly controversial policies and legislative proposals intended to recast elements of the…

Is Huawei’s rise due to its corporate governance style?

Huawei’s unique corporate governance structure includes employee ownership and representation on the board: First, Huawei is a fully employee-owned, private company. All shareholders are employees although not all employees are shareholders. This is a most intriguing aspect. Employees are supposedly hired by the management, and yet they constitute the shareholder body. So there is an…

‘Corporations Are People’ Is Built on a 19th-Century Lie – The Atlantic

Somewhat unintuitively, American corporations today enjoy many of the same rights as American citizens. Both, for instance, are entitled to the freedom of speech and the freedom of religion. How exactly did corporations come to be understood as “people” bestowed with the most fundamental constitutional rights? The answer can be found in a bizarre—even farcical—series…

Don’t treat corporate governance as a cost element

Good corporate governance is good business because it is all about risk management. As a global health care investor, balancing the interests of our shareholders, management, customers, and other public stakeholders has been a key focus since we started investing in emerging markets 10 years ago. Since our first fundraise back in 2010, we have…