Corporate governance - Vigil

[As of] the second half of August, no substantial progress has been made towards finalising Britain’s objectives in the upcoming Brexit negotiations. The EU and the UK seem to have accepted that there will be no quick triggering of Article 50 before the end of the year. Nevertheless, it is to be hoped that once the corridors of power in Westminster and Brussels fill again after the summer break, some picture of a plausible UK negotiating position might begin to emerge.

Stock Buybacks - IRRCi Tapestry Networks - return capital to shareholders; invest in company’s shares; offset dilution; alter company’s capital structure

The Sarbanes-Oxley Act (SOX) was enacted by the U.S. Congress in 2002 in the aftermath of a series of corporate scandals. It aims to strengthen investor protection by promoting better corporate governance and auditor independence.

Washington D.C., Aug. 30, 2016 —

The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million announced earlier today.

Corporate indemnification and advancement of legal expenses are distinct rights, with advancement being a narrower and more provisional contractual benefit. By relieving corporate officials from the personal financial burden of paying ongoing expenses arising from lawsuits and investigations, advancement is widely recognized as an important corollary to indemnification as an inducement to secure able individuals to corporate service. The decision by a corporation to grant advancement of expenses incurred by an officer or director (and sometimes other employees and agents) in defending civil, criminal, administrative or investigative actions is essentially a decision to advance credit to corporate officials, because amounts advanced to them must be repaid if it is subsequently determined that they are not entitled to be indemnified.

TORONTO - Tim Hortons is continuing its international expansion with plans to open its first full-service coffee shops in Great Britain. The company partne

Washington D.C., Aug. 30, 2016 —

The Securities and Exchange Commission today announced the award of more than $22 million to a whistleblower whose detailed tip and extensive assistance helped the agency halt a well-hidden fraud at the company where the whistleblower worked.

On July 21, 2016 a group of 13 high profile investors and corporate executives released a set of “Commonsense Corporate Governance Principles” which opined on the roles and responsibilities of boards and investors. The Principles—which largely center on the themes of independent, experienced and diverse boards, transparency, sound board and executive compensation and long-term value creation—generally recommend practices either generally already in place at most (particularly large-cap) companies or required by regulations or stock exchange listing rules. Further, the Principles’ rejection of obligatory earnings guidance is also indicative of their focus on the long-term, an unsurprising viewpoint given that the signatories include BlackRock CEO Larry Fink and famed investor Warren Buffett, both of whom have been particularly vocal on this subject in recent years.