Swiss Corporate Governance Expert Supports Alcon Independent Director ...
The IDC commissioned Professor von der Crone, as an independent third party and expert in Swiss corporate law and corporate governance best practices,... >>
BusinessWire, June 28,2010
Are family businesses bad news?
Janine Canham, head of Investment Legal, Fidelity International, explains: 'The relevance of corporate governance is higher in Asia given the structure and ... >>
Business Times, April 8,2010
Number of Women Directors and Executive Officers in MA Companies Tumble
First Decline Since 2003 The Boston Club Finds
The Boston Club suggests that another reason for the low numbers of women in leadership positions is the absence of thoughtful succession planning by the boards of companies on the list. An analysis of the age and tenure of the directors of the Census companies shows that 19 companies had 26 independent directors over the age of 75, and at least 40 percent of the independent directors on nine boards had served for over 15 years, some for as long as 30 years. According to The Boston Club, better governance practices, including director evaluation and succession planning, will enable companies to add directors who have the diversity of background, experience, skills and perspective to address successfully the challenges of a global economy. >>
SOURCE The Boston Club, 12.12.08
News & Links
OECD Principles of Corporate Governance
The OECD Principles of Corporate Governance were endorsed by OECD Ministers in 1999 and revised in 2004. They cover six key areas of corporate governance : ensuring the basis for an effective corporate governance framework; the rights of shareholders; the equitable treatment of shareholders; the role of stakeholders in corporate governance; disclosure and transparency; and the responsibilities of the board. Essential document. Do not miss the Frequently Asked Questions and the Policy brief which is even more interesting than the principles themselves.
Transparency International
Transparency International is an international non-governmental organization which brings civil society, business, and governments together in a powerful global coalition, and works at both the national and international level to curb both the supply and demand of corruption. Excellent site which includes a newsletter and a rich publications section. Do not miss the business principles for countering bribery.
European Corporate Governance Institute
The European Corporate Governance Institute (ECGI) is an international scientific non-profit association which provides a forum for debate and dialogue between academics, legislators and practitioners, focusing on major corporate governance issues and thereby promoting best practice. Excellent and very rich site. Do not miss the section on codes where corporate governance codes on a country by country basis can be downloaded. The section on working papers is also interesting although much more technically focused.
