Corporate governance - Vigil

British private security group G4S on Tuesday urged shareholders to accept Allied Universal’s 3.8 billion pound ($5.4 billion) final offer after the end of the U.S. bidder’s drawn-out takeover battle with Canada’s GardaWorld.

This is the moment for an ambitious attempt to deal with climate change

Microsoft has joined forces with Europe’s publishers to deepen the troubles of Google and Facebook, launching a project to develop an Australia-style arbitration system for the EU that would force Big Tech to pay for news.

SoftBank could spend roughly $1.5 billion to buy the shares of early WeWork investors and employees

The Pfizer Inc. and BioNTech SE COVID-19 vaccine appeared to stop the vast majority of recipients in Israel becoming infected, providing the first real-world indication that the immunization will curb transmission of the coronavirus.

For all the claims made by corporations, sceptics still believe shareholders — not stakeholders — will win out

Video game platform Roblox Corp revived plans to go public and said it expects its shares to start trading on the New York Stock Exchange on March 10, according to a regulatory filing on Monday.

The trio of activists, which previously teamed up on a campaign that remade the board of housewares retailer Bed Bath & Beyond Inc., thinks Kohl’s isn’t moving fast enough to address stagnant sales and declining operating margin, issues that predate the pandemic, the people said.

The COVID-19 pandemic has highlighted more than ever the corporate world’s role in addressing social issues. And beyond that, regulators, institutional investors, consumers and workers are intensifying their attention to climate risk, systemic racism, women’s economic inclusion and Indigenous rights, among other challenges of our century.

Stephan Crétier started GardaWorld in 1995 with a second mortgage of $25,000 on his home and the intent, however naive it seemed at the time, to build a “Canadian global champion” in security services. Now, he has a chance to pull off the deal of his life in an organized bidding contest many expect him to lose.

Mark Carney, former head of the Canadian and U.K. central banks, has joined the board of U.S. digital payments company Stripe Inc., days after the company was reported to be planning a primary funding round valuing it at over US$100-billion.

Dirty little secret of ESG/CSR is that most forceful advocates of good corporate behaviour are implicitly most ardent supporters of putting screws to consumers

Residential construction, package delivery and warehousing jobs exceed pre-pandemic levels, and some companies can’t find enough workers

Firms are increasingly trying to make badly behaved bosses hand their earnings back

The Nasdaq’s historic diversity proposal is being called too narrow by activists who say it was a “colossal mistake” to exclude disability from the list, Axios has learned.

Potentially misleading disclosures related to the pandemic attract closer scrutiny from regulators

Canadian security services company GardaWorld said it will not increase its existing $6.5-billion offer for rival G4S PLC, putting an end to a scheduled auction for the Britain-based guard provider before it even began.

Many big businesses have not set targets for reducing greenhouse gas emissions. Others have weak goals.

Goodyear Tire & Rubber Co. agreed to buy Cooper Tire & Rubber Co., a combination the companies said would create a larger firm that could reduce costs and support investments tied in part to the changing landscape for cars and other vehicles.

A dramatic shift in cultural norms and a growing list of intergenerational risks, such as climate change and income inequality, demand the attention of corporate directors – yet Canadian boards are trapped in the past, according to a substantive new paper.

As Canada’s largest banks gear up to report their most recent quarterly earnings next week, many investors are already looking for clues to which lenders will bounce back first in a postpandemic recovery.

Home prices have come roaring back, but saving for a down payment takes longer. The East Coast is hot, but condos and rental apartments are not. This is what a COVID-19 housing boom looks like

A group of activist investors has a big stake in Kohl’s Corp. and is attempting to take control of the department-store chain’s board, according to people familiar with the matter.