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A common dilemma for people who seek advice is that good advice sometimes comes at the cost of revealing negative information about the persons seeking it. In the world of corporate decision making, a CEO who seeks the counsel of the board of directors due to a problem with, for example, a project, is also implicitly conveying that the problem arose under her stewardship.
As Canada’s restaurants and hotels begin to fully reopen after months of lockdown, they will almost surely struggle to find replacements for the workers who left the industry during COVID.
The latest activist report from Alvarez & Marsal also revealed that European corporates are more likely to be targeted by “wolfpacks” of more than one investor at a time amid a rise in aggressive investment tactics.
Robinhood and SoFi are the latest to try to get small investors into IPOs. But historically it has been hard to share the benefits of early access widely.
In its 2021 Top Security and Risk Trends for 2021, Gartner identified Cyber-savvy boards as a top priority for organizations, as the number of highly publicized security breaches continues to grow. In this blog, we break down why board members should pay closer attention to security posture and what it takes to establish a cyber-savvy board.
The board of directors at Inter Pipeline Ltd. says it still supports a takeover deal the company signed with Pembina Pipeline Corp., despite an increased offer from Brookfield Infrastructure Partners
Prime Minister Justin Trudeau said bonuses Air Canada paid to executives while the company was negotiating a government bailout are “completely unacceptable” and the airline owes Canadians an explanation.
Chinese regulators approved Jack Ma’s Ant Group to begin operating a new consumer finance company, in the first concrete sign of an easing of tensions with Beijing after Ant agreed to a “rectification” deal in April.
Engine No. 1’s stunning victory seems to be one for green causes, but climate is the very tip of the iceberg
The recent successes of shareholder activists against Big Oil this proxy season are one of many signs of mounting and effective pressure from investors on public companies to enhance their performance and disclosures on environmental, social, and governance (ESG) criteria.
While the first two new dissident board members were oil company veterans, the newest member, Alexander A. Karsner, has strong environmental credentials and is expected to pose more of a challenge to senior management. Mr. Karsner’s election sharpened the investor rebuke of the company’s management, which has produced lackluster returns for about a decade.
Chinese tech giant launches own operating system to rival Android after U.S. sanctions; Samsung and Microsoft failed in similar challenges
“The pace of new issue activity is going to moderate, we all recognize it can’t go on like this forever,” Mr. Daviau said. He said the recent flurry of initial public offerings is likely to slow. “High-quality companies can still raise money, it’s just going to be a little harder to get IPOs done,” Mr. Daviau said.
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Alberta has demonstrated ability to rebound from setbacks through innovation and entrepreneurship
Depop, the fashion resale marketplace beloved by Generation Z, will be acquired by Etsy for $1.6 billion, the two companies.
Australia's centre-right government in late April introduced the proposals targeting so-called proxy firms, firms that issue recommendations to investors on how to vote in corporate elections and cast ballots on behalf of some asset managers.
Universal Music, the largest publisher of music in the world, may be listed on public stock markets through a massive deal with billionaire investor Bill Ackman’s special purpose acquisition company, Pershing Square Tontine Holdings, according to a source. The deal, which is still being negotiated and could fall apart, would value Universal Music at over $40 billion.
At the start of the pandemic, organizations navigated a massive transition to remote work. The initial reaction from many companies: Virtual work is great. Let’s save on real estate and travel costs. We may never go back.
One year later, the pendulum is now swinging back towards the middle. Most companies are recognizing the value of the office for reasons relating to collaboration or culture. Most are now working towards a hybrid model or flexible working arrangement (part-time in office, part-time work from home).
Bell Canada is partnering with Amazon Web Services Inc. in a deal that will combine the telecom’s 5G wireless capabilities with the tech giant’s cloud-computing infrastructure to enable new technologies such as immersive gaming, self-driving cars and smart manufacturing.
After forcing its way on to Exxon’s board, the newly minted activist investor is ready to raise more cash
The Securities and Exchange Commission has tried for several years to get Elon Musk to behave more like a typical corporate leader. It hasn’t worked.
Households saved cash and banks amassed capital, but supply shortages are popping up and some employers can’t find workers
In 2021, the number of women running businesses on the Fortune 500 hit an all-time record: 41.
The world’s largest meat processing company is getting back online after production around the world was disrupted by a cyberattack just weeks after a similar incident shut down a U.S. oil pipeline.
European Union countries will continue to benefit from an economic safety net through next year to help their economies recover from the damage inflicted by coronavirus restrictions, the EU’s executive branch said Wednesday.
As COVID-19 spread throughout Europe and sent the EU spiralling toward its deepest recession, the European Commission activated a “general escape clause” in March 2020 that allowed member nations to deviate from normal budgetary rules.
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