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News & UpdatesDecember 8, 2008 US companies launch ethical standards push![]() Source: Financial Times - UK Some of the largest companies in the US, including General Electric, Wal-Mart and PepsiCo, were expected on Monday to launch a drive to improve ethical standards in business in an attempt to stem the decline in corporate... December 8, 2008 Auto Industry Collapse Is Not an Option, Obama SaysSource: The Wall Street Journal President-elect Barack Obama suggested that bankruptcy wasn't a good option for Detroit's Big Three automakers, saying "these aren't ordinary times" given the country's current economic problems. "The Big Three automakers have... December 8, 2008 Senate returns to auto bailout talks![]() Source: Reuters The U.S. Senate was due to reconvene on Monday as White House and Democratic congressional negotiators sought to draft legislation to bailout the U.S. auto industry and stem a deepening of the U.S. recession. December 6, 2008 Dems, White House Agree To Auto Bailout![]() Source: CBS News After weeks of tense discussions with the heads of the U.S. auto industry, Democratic Congressional leaders have reached an agreement that may just clear the way for the Big Three to get the money they need to survive ... for now. December 5, 2008 Weakening Global Economy and Growing Financial Pressures are IncreasingSource: The Conference Board Although CEOs worldwide are still very concerned about executing their corporate strategy, concerns about finances, risk management and confidence in the business community are growing in importance to them, reflecting today’s... December 5, 2008 Big Bonuses for CEOs? Not So FastSource: Business Week After shareholders' dismal 2008, corporate boards are being watched closely while they decide whether to dole out traditionally huge bonuses December 5, 2008 Since Enron, Little Has ChangedSource: The Wall Street Journal As Warren Buffett has said, "Executive compensation is the acid test of corporate governance." Financial incentives determine what objectives an organization pursues, and they drive the way managers conduct a business.
December 5, 2008 Carmakers, senators discuss aid conditions![]() Source: Detroit Free Press Key senators told Detroit automakers today they were willing to consider granting a portion of the $34 billion they were seeking for survival in return for strict conditions and proof by March 31 on progress in reworking the... December 5, 2008 The Conference Board Governance Center Issues Recommendations To Corporate Boards on Overseeing Risk Management and Executive Compensation -- Suggests Better Risk Oversight and Stronger Links Between Pay and PerformanceSource: The Conference Board Governance Center The Conference Board Governance Center issued today the first in its new series of reports on the oversight role of the board of directors in the current economic crisis. December 4, 2008 IT security risks dismissed by boards, survey findsSource: Search Security.com A report released this week by Carnegie Mellon University's CyLab, illustrates the wide gap between boards of directors and those responsible for information security in the enterprise, in particular where board members who still... [What would you find useful here?]
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