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Carlos Ghosn, Nissan, and the Need for Stronger Corporate Governance in Japan

Harvard Business Review

As a result, when making close calls on the company’s financial reports, that auditor may be too deferential to Nissan management. The purpose of a nominating committee is to assure that directors are selected on the basis of competence and independence, rather than friendliness to management.

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Who Should Actually Have Say on Pay?

Harvard Business Review

To a large extent, say-on-pay — which was introduced in the UK in 2002 and has spread to several other countries, most recently Switzerland — is a simple exercise in bandwagon-following. But it''s far from clear that professional money managers have what it takes to play the role of effective watchdog.

Hedge 8
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The Answer to Short-Termism Isn’t Asking Investors to Be Patient

Harvard Business Review

These arguments have proven highly influential and led to several policy proposals to encourage long-term holdings – so-called “patient capital” France’s Loi Florange doubles investors’ voting rights after two years. Critically, short-term selling by shareholders need not entail short-term behavior by managers.

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Yes, Short-Termism Really Is a Problem

Harvard Business Review

With Hillary Clinton’s tax proposals to encourage longer-term investing , the debate over whether American business is too fixated on the short term has moved from the dimly lit offices of earnest policy wonks into the klieg lights of U.S. years in 2002 to 7.2 primary season. ” A Review of Relevant Studies. years in 2009.

Hedge 8
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The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 2 of 4

Strategy Driven

Current management of both companies were ill-advised on handling the crises. K-Mart closed 617 of its under-performing department stores and filed for Chapter 11 bankruptcy reorganization in 2002. Resulting from inflexible conditions, obsolete policies-procedures, procrastination, attitude, resistance to innovation, failure to change.

Crisis 58
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The Big Picture of Business – What Business Must Learn: Putting.

Strategy Driven

Yet, most CEOs were never trained on how to be CEOs, with all the responsibility, people skills, leadership and ethical management that must go along with the job. This book states the case for more of a macro-focused approach to management. Juliano Howard T. Dickens Jr. Ives Sharon Drew Morgen Hank Moore Jamie P.

Ethics 59
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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

The Enron scandals of 2001 and 2002 focused only upon cooked books audit committees and deal making. In my opinion, deregulation, as a whole, has worked negatively upon business and society (banking, airlines, trucking, and broadcasting), and the SEC is no exception. Executives never stayed long. Congressional Hearings. Communications.