Corporate governance - Vigil

His boss Carlos Ghosn escaped financial misconduct charges by fleeing the country, but another former Nissan executive is still awaiting trial in Japan: Greg Kelly.

US executives sold $6.7bn of stock in their own companies last month, cashing in on a record-breaking market rally with the biggest burst of selling in five years.

India had never recorded a quarter of negative growth since it began issuing such data publicly in 1996. No other big economy has shrunk so much during the pandemic.

Lorsqu’on fera le bilan de la pandémie de COVID-19 dans 50 ans d’ici, on réalisera ainsi que l’impact économique de ces cicatrices a été, au total, dix fois plus grand que la chute du produit intérieur brut en 2020, a calculé dans une étude Laura Veldkamp avec deux autres économistes.

Academics at the University of Glasgow suggest it might, but argue it will need a more concrete method of integrating stakeholder interests into boardroom decision-making. And for that they suggest following the lead of South Africa, where many companies have a special committee to represent stakeholder interests to the board and shareholders.

In these unprecedented times, it is critical to analyze performance and incentive outcomes from multiple perspectives to provide the Board and management team with greater confidence in finalizing incentive payouts for completed incentive cycles and assisting with the development of next year’s pay plans.

Billionaire investor William Ackman has approached short-term home rental company Airbnb about going public through a reverse merger with his blank-check company, according to people familiar with the matter.

Norway’s $1.2 trillion wealth fund will ask the companies in its portfolio that emit the most carbon dioxide (CO2) for more detailed climate-related data in order to understand the risk posed to its investments, a top official said.

Dexter Goei has built a cable empire by cutting deals with families that, at least initially, seemed uninterested in doing business. Don’t underestimate the Altice USA chief executive officer’s ability to win over the Quebec clan that controls Cogeco Inc.

France has launched a €100bn plan to rescue its economy from the coronavirus crisis with big investments in green energy and transport as well as industrial innovation. 

Samsung’s drug-manufacturing arm is betting that the already-booming market for biologic drug ingredients will only get hotter, thanks to industry shifts sparked by the coronavirus pandemic.

Department-store chain’s sales improved in second quarter as stores reopened after monthslong closure; shares rise

Coronavirus spending, shrinking GDP and tax-revenue decline push government toward milestone

Canada’s economy added 245,800 jobs in August, a fourth-straight month of gains that has recouped nearly two thirds of employment losses from the pandemic.

According to a new study, less than half of the money was spent; a third was saved for a rainy day

Too often organisational resilience is simply seen as ‘surviving a crisis’. However resilience is more fundamental than this – it’s a cultural model within your business that enables high performance during any period of disruption.

None of the candidate vaccines in advanced clinical trials so far has demonstrated a “clear signal” of efficacy at the level of at least 50% sought by the WHO, spokeswoman Margaret Harris said.

If the stakeholder model represents an emerging model for the strategic vision of a company, ESG (Environmental, Social, and Governance) metrics can be used to assess and measure company performance and its relative positioning on a range of topics relevant to the broader set of company stakeholders in the same way that financial metrics assess company performance for shareholders.

Argentina has successfully restructured almost all of its $65bn debt with private creditors in a major milestone that will enable the country to put an end to its ninth sovereign debt default.

International port operator DP World reached a deal Thursday with one of Canada’s biggest pension-fund managers to pour an additional $4.5 billion into their joint venture of ports and terminals.

Alimentation Couche-Tard Inc. sees merger-and-acquisition activity picking up in the weeks ahead among convenience store players but the Canadian retail giant appears to be cooling to the idea of taking over Australian fuel supplier Ampol.

Perennial worries of Canadians before the pandemic, household debt and  its worst outcome insolvency, appear to be on the rise again after a hiatus during COVID-19’s initial shock.

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The interest rate that European banks use to lend among themselves dropped to a record low this week in a sign of how credit markets have been distorted by central banks’ aggressive measures this year.

E-cigarette pioneer that once eyed global expansion considers pulling out of as many as 11 more countries

Australia’s first recession in 29 years was confirmed on Wednesday when data showed the economy contracted by a record 7% in the three months through June, compounding a 0.3% drop in gross domestic product in the first quarter. It marked the end of the longest-running growth streak in the developed world.