Corporate Governance

what has gone wrong in Japanese corporate culture?

On an otherwise ordinary afternoon in mid-December, the Hakata to Tokyo express pulled into Nagoya and a thousand passengers were ordered off the train. The burning smell and unusual sound turned out to be cracks in the chassis. It was the first time that the Shinkansen, the country’s most potent symbol of industrial power and “made in Japan” engineering quality, had succumbed to an officially designated “serious incident”. Once upon a time, the cracks would have been unthinkable; the nation…

Read More

This is how much Birmingham politicians earn

Our political leaders are often accused of being out of touch and coining it in while being paid a fortune for cushy jobs. But how much do they really earn? And is it worth submitting yourself to public election every four to five years? In the case of both the West Midlands Mayor and the city councillor jobs the pay is investigated and a recommended made by a group of citizens called an independent remuneration panel. More often than not…

Read More

Just the right amount of governance

Governance in the general sense deals with the act of making laws and managing a governing body, like a country or state. Governance in the corporate world is similar, but different. In the classic business definition from Investopedia: “Corporate governance is the system of rules, practices and processes by which a company is directed and controlled.” Well, that sounds simple and straightforward, doesn’t it? Corporate governance involves a delicate balance of the interests of a company’s employees and their shareholders…

Read More

Even academics are attacking index funds now

While index funds have had their share of critics, they could always rely on academia to defend them. Until now. A small but growing number of academics are arguing that index funds are “evil” and “strangling the economy.” (These quotations are from the headline of a September article in the Atlantic magazine.) If such attacks widen, index funds could face significantly higher costs in coming years even if they successfully fend off the legal challenges spawned by those academic naysayers.…

Read More

Elev8 Brands, Inc. Hires Counsel to File Form S-1 Registration Statement to Become a Fully Reporting Company

ROCKLEDGE, Fla., Jan. 02, 2018 (GLOBE NEWSWIRE) — Elev8 Brands, Inc. (OTC Pink:VATE), a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, E-juices, CBD Lotions and CBD Tinctures that target the health and wellness markets, is pleased to announce it has engaged the services of McMurdo Law Group, LLC to draft and file an S-1 Registration Statement with the Securities and Exchange Commission in an attempt to become a fully reporting company,…

Read More

Hong Kong shares power to decade high on H-share reform

SHANGHAI, Jan 2 (Reuters) – Hong Kong-listed Chinese firms propelled the Hang Seng Index past the 30,000-point mark to a decade-high on the first trading day of the year, boosted by optimism H-share convertibility reform will fuel more momentum after a bumper 2017. The Hang Seng China Enterprise Index, which tracks Hong Kong-listed Chinese companies, surged 3 percent after China unveiled on Friday a pilot scheme that would allow mainland-incorporated companies listed in Hong Kong to convert their non-tradable equity…

Read More

Nation Newspaper Nigeria – Troubling market | Nigerian Bulletin

•The stock market continues to bleed; NSE must do more It is indeed not the best of times for the Nigerian Stock Exchange (NSE). The recession has continued to take its toll on quoted companies. The operating environment has been particularly tough in the last two years; what with the naira exchange rate snafu and unrelenting infrastructural challenges. It is in this context that the NSE authorities raised the red flag, placing shareholders on notice over the health condition of…

Read More

Global investors see corruption as a major challenge in India: US firm

Foreign investors are still looking at corruption as a major challenge when it comes to making an investment decision in India and also see ‘evolving’ corporate governance and risks to security of assets as other pain points, says US risk management firm Kroll. After a stable government came to power in 2014, global investors were expecting significant changes in the way businesses used to happen in India but things have not turned out as expected, the New York-based risk consultancy…

Read More

Mergers, acquisitions becoming more attractive in insurance industry — Apampa – Punch Newspapers

In this interview with NIKE POPOOLA, the Managing Director/Chief Executive Officer, Equity Assurance Plc, Mr. Moruf Apampa, speaks on developments in the Nigerian insurance industry How has the insurance sector fared this year? The insurance industry is an integral part of the Nigerian economy and has therefore had to cope with the economic downturn and prevailing headwinds within the operating environment. However, it is important to note the positive developments and improvements in the areas of regulatory supervision, customer protection…

Read More

SoftBank to buy 15% stake in Uber, pump in $1 bn in early 2018

With the deal closing, SoftBank becomes an investor in two of India’s largest on-demand cab service — Uber and Ola. Japanese conglomerate SoftBank will pick up 15 per cent stake in Uber and pump in $1 billion as primary investment in the US-based ride-hailing app in early 2018, according to multiple sources.   The fresh capital infusion comes at a time when the company is looking at moving beyond the controversies it was mired in 2017 and further scaling up…

Read More

Notice of AGM and Management Information Circular

Bishopsgate, London, Dec 29, 2017 (FSCWire via Comtex) – Notice of AGM and Management Information Circular Bishopsgate, London (FSCwire) – NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS. 1 MANAGEMENT INFORMATION CIRCULAR.. 4 PART ONE VOTING INFORMATION.. 4 Solicitation of Proxies. 4 Appointment and Revocation of Proxies. 4 CREST Shareholders. 6 Non-Registered (or Beneficial) Shareholders in Canada. 6 Exercise of Discretion by Proxies. 7 Record Date and Voting Securities. 7 Principal Holders of Voting Securities. 8 Interest of Certain Persons in…

Read More

SoftBank Buys Major Stake In Uber

Uber Technologies Inc. shareholders have agreed to sell a significant stake in the ride-hailing company to an investor consortium led by Japan’s SoftBank Group Corp (SFTBF.PK). The deal values Uber at $48 billion, a nearly 30 percent discount to the company’s previous valuation of about $68 billion. In addition, the SoftBank-led investor group that includes Dragoneer Investment Group, TPG, Tencent Holdings and Sequoia Capital, will make a $1.25 billion investment of fresh funding in Uber at the company’s previous valuation…

Read More

The Fifa trial with the drama of a Mafia movie

Jose Maria Marin (pictured), Juan Angel Napout and Manuel Burga – have been charged with racketeering, wire fraud and money laundering “There are mysteries to be solved; there are whodunits. This isn’t one of them.” The closing argument of Assistant US Attorney Sam Nitze in summing up a month’s worth of startling evidence in Brooklyn was very clear. “Some things are just the way they appear,” he said. The trial of two former South American football officials, accused of rampant…

Read More

What is ODCE investigating with INM and Leslie Buckley?

The standoff between the State’s corporate watchdog, the Office of the Director of Corporate Enforcement (ODCE), and INM’s chairman Leslie Buckley – over a legal demand from the ODCE for documents held by Buckley – has its genesis in a bitter boardroom bust-up at the company. That spiralling row sparked a State investigation of INM during which the ODCE has discovered that cybersecurity experts engaged by Buckley facilitated outside access to the company’s IT system. The crux of the case…

Read More

Long says he lost $50,000 in Hanover

Former One News presenter Richard Long regrets his role as the television voice for Hanover Finance – and says he has lost about $50,000 himself. Until now, he says, he has hardly spoken about the aftermath of the Hanover collapse which left thousands of mum-and-dad investors out of pocket. “Nothing has changed. But I feel bad about the deal – really bad,” Long said from his home in the Coromandel. As well as promoting Hanover, Long – who fronted One…

Read More
About

Business on the Web provides the latest Business News: Breaking Personal Finance, Company,  Financial and Economic News.

Our blogs are an excellent place for technology professionals to get up-to-date industry news. Blogging about the hottest education technology issues.

Social Links