The Transcript examines the most current corporate governance issues, including board and corporate responsibility, executive compensation, conducting effective executive sessions of the board and more.
Robert Nardelli's demise as chief executive of Home Depot (NYSE: HD) resulted, in part, from his failure to understand how profoundly the job of CEO has changed in recent years.
Publicly traded companies reduced their U.S. taxable income by at least $34.8 billion in 2004 through potentially abusive tax transactions without taking a similar hit on profits reported to shareholders, new Internal Revenue Service data show.
Investors will soon have a new scorecard designed to lay out in plain English just how much pay and perks are being lavished on top executives at public companies. If the goals of federal regulators are met, you won't need an MBA to decipher the numbers.
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The following is a brief summary of “best practices” for good corporate governance for a Board of Directors, in the area of internal communications with the corporation’s CEO, management team, and employees.
SDDT: What are the most important issues in corporate governance?
SDDT: What do you see as the biggest issues today in corporate governance?
The Daily Transcript recently had a chat with Dennis Doucette, chairman of corporate governance at Luce, Forward, Hamilton & Scripps LLP and partner in charge of the firm's Carmel Valley/Del Mar and Rancho Santa Fe offices. He also is on the board of the Corporate Directors Forum.
How much did you make last year? Did you get a bonus? How much? How much did you save for retirement? What is your stock portfolio worth? Why do you make more money than your neighbor? These may sound like prying, personal questions from your mother or from a manners-challenged acquaintance, but they are actually just a few of the questions that executives of public companies must answer to their shareholders this year.
Why would a director of Home Depot volunteer to come to San Diego for unfiltered dialogue with other executives and institutional investor representatives? What would entice the former chairman of Enron to sit among his colleagues and investors, answering questions and sharing experiences? Why would senior leaders of the Securities and Exchange Commission travel to our city for face-to-face communication with the constituents the SEC pledges to serve? What could the executives of CalPERS and TIAA-CREF gain by sharing ideas openly with the leaders of their invested companies?
NEW YORK -- Remember when investors who pestered companies about their governance practices were deemed nothing more than trouble-making gadflies? Now their tactics are looking increasingly smart.
The federal government may ease some of its regulations on corporate boardrooms in 2007, turning its focus instead to hedge funds, according to legal analysts.
NEW YORK -- Remember when investors who pestered companies about their governance practices were deemed nothing more than trouble-making gadflies? Now their tactics are looking increasingly smart.
In this special report, the Corporate Directors Forum and The Daily Transcript take a look at some of today's most pressing corporate governance issues.
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