Monthly Archives: October 2012

Conflict of Interest and Governance

Conflict of interest arises whenever the personal or professional interests of a board member are potentially at odds with the best interests of the Company. Such conflicts are common: A board member sells goods from his personal enterprise to the … Continue reading

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Company secretary’s role in Governance

The Company secretary has significant responsibilities including advice on governance structures, corporate conduct within an organisation’s regulatory environment, compliance with legal, regulatory and listing requirements and also the training and induction of new directors. They should be able to set … Continue reading

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Why more women on Boards?

Why more women on Boards?.

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Why more women on Boards?

I won’t refer to DIVERSITY because this post is only about a gender issue and not about real diversity on Boards. Is gender quotas the solution or the beginning of future inequalities. Such quotas will drive Boards to recruit women … Continue reading

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Berlusconi sentenced to four years for tax fraud

A Milan court sentenced Silvio Berlusconi, three-time former Italian prime minister, to four years in prison for tax fraud. Mr Berlusconi, 76, who has dominated Italian politics for two decades, was found guilty of using offshore companies to avoid taxes … Continue reading

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Maneuvering by Chairman

http://www.nytimes.com/2012/10/26/business/citi-chairman-is-said-to-have-planned-pandits-exit-for-months.html?hp&_r=0 Vikram Pandit’s last day at Citigroup swung from celebratory to devastating in a matter of minutes. Having fielded congratulatory e-mails about the earnings report in the morning that suggested the bank was finally on more solid ground, Mr. Pandit … Continue reading

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Bribery & Corruption

Quote from Business Today issue Oct 2012 by Suren Rajakarier Though there is limited focus and disclosures on the issue of bribery and corruption, corporates should pay more attention to reduce such occurrences. We need to find a mechanism in … Continue reading

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