Corporate governance - Vigil
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December 21, 2020 10:02 AM
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The Role of Institutional Investors in Stakeholder Capitalism 

Institutional investors are increasingly playing a major role in the shift toward stakeholder capitalism.  They are also facing pressure from their clients and others to focus more on ensuring that their investments promote corporate sustainability. Such expectations are reinforced by leading institutional investors’ commitments – such as those included in BlackRock CEO Larry Fink’s 2020 annual letter – to do well by doing good.
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December 21, 2020 9:52 AM
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The Origin Of 'The World's Dumbest Idea': Milton Friedman

The Origin Of 'The World's Dumbest Idea': Milton Friedman | Corporate governance - Vigil | Scoop.it
Friedman’s article was ferocious. Any business executives who pursued a goal other than making money were, he said, “unwitting pup­pets of the intellectual forces that have been undermining the basis of a free society these past decades.”
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December 18, 2020 10:32 AM
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BlackBerry revenue slowly recovers as Amazon deal sparks excitement

BlackBerry revenue slowly recovers as Amazon deal sparks excitement | Corporate governance - Vigil | Scoop.it

BlackBerry Ltd.’s quarterly software-and-services revenues are gradually returning to prepandemic levels as the company doubles down on its efforts to be a key component of the growing market for processing data in sensor-filled cars.

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December 18, 2020 10:27 AM
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Canada sees slowest population growth since 1946 on travel bans 

Canada sees slowest population growth since 1946 on travel bans  | Corporate governance - Vigil | Scoop.it
It's a worrying sign for an economy that relies on immigration for demand and to offset an aging demographic
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December 18, 2020 10:23 AM
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The Japanese authorities understood covid-19 better than most 

The Japanese authorities understood covid-19 better than most  | Corporate governance - Vigil | Scoop.it
That has helped keep Japan’s outbreak relatively small
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December 18, 2020 10:21 AM
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The Best-Managed Companies of 2020—and How They Got That Way

The Best-Managed Companies of 2020—and How They Got That Way | Corporate governance - Vigil | Scoop.it
Microsoft is on top, followed by Apple, IBM and Amazon in the Drucker Institute’s annual Management Top 250 ranking
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December 18, 2020 10:06 AM
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US adds China’s largest chipmaker to export blacklist 

US adds China’s largest chipmaker to export blacklist  | Corporate governance - Vigil | Scoop.it
The US commerce department has placed Semiconductor Manufacturing International Corporation on its export blacklist, tightening the screws on China’s biggest chipmaker and ramping up technology tensions with Beijing.
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December 18, 2020 9:34 AM
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Australian parliamentary report slams Rio Tinto board and culture

Australian parliamentary report slams Rio Tinto board and culture | Corporate governance - Vigil | Scoop.it
Investigation concludes the relationship between the Rio Tinto board and CEO was a key factor in the Juukan Gorge scandal.
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December 17, 2020 10:53 AM
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2020 Year-End Financial Reporting: What Audit Committees Need to Know

2020 Year-End Financial Reporting: What Audit Committees Need to Know | Corporate governance - Vigil | Scoop.it

Audit committees are facing a tall order as they work to finalize financial reporting for a particularly challenging year. In addition to reporting precision, audit committees are concerned with year-end issues ranging from taxes to critical audit matters (CAMS). To complicate matters further, the audit committee’s role within ESG is still loosely defined. What can audit professionals do to gather clarity around expectations and standards?

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December 17, 2020 10:24 AM
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Ottawa approves return of Boeing 737 Max to Canadian skies

Ottawa approves return of Boeing 737 Max to Canadian skies | Corporate governance - Vigil | Scoop.it
The federal government has approved design changes to the Boeing 737 Max that will allow the plane to fly again in Canada after it was banned around the world last year following two deadly crashes.
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December 17, 2020 10:23 AM
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Bitcoin’s value continues to soar, passing $23,000 on interest from large investors

Bitcoin’s value continues to soar, passing $23,000 on interest from large investors | Corporate governance - Vigil | Scoop.it
The world’s highest-profile cryptocurrency jumped 10.5 per cent to $23,655, taking its gains this year past 220 per cent, buoyed by demand from larger investors attracted to its potential for quick gains and perceived inflation-hedging qualities.
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December 17, 2020 10:19 AM
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Bloomberg units processed US$230 billion in trades in Ontario without proper authorization, OSC alleges 

Bloomberg units processed US$230 billion in trades in Ontario without proper authorization, OSC alleges  | Corporate governance - Vigil | Scoop.it
Two trading platform subsidiaries of financial data and technology company Bloomberg L.P. are seeking to settle Ontario Securities Commission allegations that they operated in Canada without proper authorization and failed to provide candid, accurate and complete information to regulators.
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December 17, 2020 10:15 AM
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The battle within the electric-vehicle industry will intensify 

The battle within the electric-vehicle industry will intensify  | Corporate governance - Vigil | Scoop.it
The new kids v the old hands
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December 21, 2020 10:00 AM
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UK isolated as countries ban travel and limit freight over Covid variant 

UK isolated as countries ban travel and limit freight over Covid variant  | Corporate governance - Vigil | Scoop.it
Britain and EU to hold separate emergency meetings on Monday to deal with escalating crisis
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December 21, 2020 9:50 AM
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Jack Ma Makes Ant Offer to Placate Chinese Regulators

Jack Ma Makes Ant Offer to Placate Chinese Regulators | Corporate governance - Vigil | Scoop.it
Trying to salvage his relationship with regulators in a Nov. 2 meeting, the Chinese billionaire said he was ready to do what the country needed
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December 18, 2020 10:30 AM
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Loblaw and George Weston to buy shares from Weston family

Loblaw and George Weston to buy shares from Weston family | Corporate governance - Vigil | Scoop.it

The Weston family says it is selling some of its shares to George Weston Ltd. and Loblaw Companies Ltd. in an internal reorganization.

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December 18, 2020 10:26 AM
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Jack M. Mintz: One carbon strategy is enough 

Jack M. Mintz: One carbon strategy is enough  | Corporate governance - Vigil | Scoop.it
Adding on needless regulations and budget-blowing subsidies, all while going it alone, could make carbon-pricing the most-cost way to reduce emissions
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December 18, 2020 10:22 AM
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Tesla to see unprecedented trade ahead of S&P 500 debut 

Tesla to see unprecedented trade ahead of S&P 500 debut  | Corporate governance - Vigil | Scoop.it
Tesla’s grand entrance into the S&P 500 is expected to be preceded by a huge trade, with an unprecedented $80 billion of the electric car maker’s stock changing hands by the end of the session on Friday.
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December 18, 2020 10:20 AM
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Two CEOs on the Leadership Lessons From 2020

Two CEOs on the Leadership Lessons From 2020 | Corporate governance - Vigil | Scoop.it
Arne Sorenson of Marriott International and Julie Sweet of Accenture on wake-up calls and being good community citizens
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December 18, 2020 9:51 AM
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The Tata-Mistry Dispute: Does Corporate Governance Have A Basic Foundation?

The Tata-Mistry Dispute: Does Corporate Governance Have A Basic Foundation? | Corporate governance - Vigil | Scoop.it
The ongoing dispute between Tata Sons and the Shapoorji Pallonji Group is affording the Supreme Court of India a very rich opportunity to opine on some of the fundamental questions related to corporate governance. In October, when Tata Sons, the unlisted holding company of the Tata Group, sought to prevent the Shapoorji Pallonji Group from pledging their shares, questions were raised about the rights of a shareholder in a company.
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December 17, 2020 11:14 AM
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Does 2020 Mark the End of Greenwashing? 

Does 2020 Mark the End of Greenwashing?  | Corporate governance - Vigil | Scoop.it
The nature of ESG risks means that they do not get taken care of when “they’re slow” — but that they are impossible to catch up on when “they go fast.” So will companies really start taking ESG risks and opportunities seriously now?
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December 17, 2020 10:48 AM
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Google Must Silo Fitbit Data, EU Says, Clearing $2.1 Billion Deal

Google Must Silo Fitbit Data, EU Says, Clearing $2.1 Billion Deal | Corporate governance - Vigil | Scoop.it
European Union antitrust officials give the green light to the acquisition after Google promised concessions
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December 17, 2020 10:24 AM
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Shaw pays millions in executive bonuses despite COVID-19

Shaw pays millions in executive bonuses despite COVID-19 | Corporate governance - Vigil | Scoop.it
The company says in its recently filed proxy circular that chief executive officer Bradley Shaw received a bonus of $5.27-million, down slightly from a $5.47-million bonus in the previous year. Four other top-paid executives received bonuses ranging from $774,400 to $964,000. For three of the four executives, the bonus payment jumped by nearly $100,000 from the year prior.
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December 17, 2020 10:20 AM
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Canada's CI Financial completes US$72M IPO of Bitcoin fund 

Canada's CI Financial completes US$72M IPO of Bitcoin fund  | Corporate governance - Vigil | Scoop.it
Canadian mutual fund manager CI Financial Corp. completed a US$72 million initial public offering of a Bitcoin fund to help clients access the cryptocurrency in the midst of an eye-catching rally.
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December 17, 2020 10:18 AM
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Cannabis CEOs speak about the merger that will create the world's largest pot company 

Cannabis CEOs speak about the merger that will create the world's largest pot company  | Corporate governance - Vigil | Scoop.it
Financial Post’s Larysa Harapyn speaks with Aphria CEO Irwin D. Simon and Tilray CEO Brendan Kennedy about the merger between the two companies, and how they are aiming for 30% of the Canadian market and expanding their footholds in the U.S. and Europe.
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