As Doonsbury’s Uncle Duke put it so memorably, “But the pension fund was just sitting there!” The temptation to look money set aside for working people is a constant threat, as shown in two current headlines about the Malaysian sovereign wealth fund. A Malaysian court sentenced former Prime Minister Najib Razak to serve 12 years…
Category: corruption
Shareholders pay the price for corruption | Minerva-Manifest
Reflecting the materiality of corruption and risk to shareholders, and to mark International Anti-Corruption Day, (Monday, 9 Dec 2019) Minerva is announcing the inclusion of a new anti-corruption metric in its pre-AGM research reports. Alongside indicators for climate change, cyber-security and tax governance, the new corruption indicator and voting guidelines will help investors take an…
Why Corporations Are Helping Donald Trump Lie About Jobs – The New York Times
In an usually sharp statement, the New York Times editorial board took on corporate executives for allowing President-Elect Donald Trump to take credit for creating or saving jobs when either they were not created or saved or he had nothing to do with creating or saving them. [C]ompanies like Sprint seem perfectly happy to go…
ValueEdge Advisors 