Corporate governance - Vigil

U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T (T.N), accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.

The board of directors for every company are tasked with the mission of providing sound guidance to the companies they govern. Boards vary in their expertise and level of involvement with risk but whether the company is private, public, or oversee universities all board directors must deal with a crisis at one time or another.

Leading Turkish business groups have called on Ankara to tighten monetary policy, introduce austerity measures and seek to resolve a dispute with the US as a matter of urgency after a currency crisis that has battered the lira.

Microcap Board Governance, a study conducted by Board Governance Research LLC commissioned by the Investor Responsibility Research Center Institute (IRRCi), examines microcap board governance at 160 companies. That represents about  ten percent of all companies with less than $300 million in market capitalization traded on major U.S. stock exchanges.

The Turkish lira has been under significant pressure in recent weeks; in this blog post, the authors discuss the EU’s exposure to possible crisis in Turkey and how the EU should react.

Every company needs to be ready to embrace change to keep pace with the modern economy. The prospect is particularly fraught for a company with a long history of success. Ursula Burns, former CEO of Xerox, talks with Yale Insights about how a company can build its legacy by transforming its identity. She says that to drive change, leaders have to communicate, communicate, and communicate.

Despite recent advances in female board participation globally, gender diversity among top executives remains disappointingly low across all markets, with some improvement discerned in the past few years.