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“Accounting…and…accountability” – these are clearly linked terms with common meaning that emerged along with the modern capitalist system, deriving from Middle European languages and cultures. “Accounting,” (says Webster’s New Collegiate) is derived from the medieval, “to tell…” -- as today’s accounting systems are designed to “accurately tell the story” of an organization’s financial condition.
News & Updates
May 22, 2015 Mideast businesses back regional CSR initiativesSource: Khaleej Times
Dubai — An increasing number of companies and businesses in the Middle East region are looking at incorporating corporate social responsibility (CSR) initiatives into their business strategies, experts at the CSR Summit have...
Goldman Sachs Group Inc. shareholders approved the company’s pay plan for top leaders including Chief Executive Officer Lloyd C. Blankfein as the firm held its annual meeting in San Francisco for the first time.
May 22, 2015 Merkel disses Greek PM's attempt to cut a dealSource: Fortune
Greece’s Prime Minister Alexis Tsipras Thursday gatecrashed a meeting on E.U. policy in eastern Europe in the hope that it would be easier to wring concessions out of a small number of key decision-makers rather than the massed...
Research & Insights
The fact that a bad lending and credit crisis brought down the economy six years ago was proof positive for many that the financial sector, and more specifically Wall Street, had grown too large.
Source: Wall Street Journal
Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth and that can only be reversed through a wide range of government...
The euro zone economy continued to lose momentum in May, according to closely-watched surveys published Thursday, but it wasn't all bad news, with hiring in the region on the up.
Commentary & Opinion
May 22, 2015 Market Structure Map - The CubeSource: Tim Quast, president,ModernNetworks IR LLC
Investor-relations is an itinerant profession. We’re on the road a lot. If you’ve had one of those three-hour flights, say from Denver to Atlanta, in a cramped regional jet (we’ve vowed to avoid them but United interdicts our...
May 19, 2015 Sorry, Jamie Dimon: Bigger Always Means RiskierSource: American Banker
JPMorgan Chase chief Jamie Dimon has probably been right about a lot of things during his highly successful career in banking. But he is wrong to argue that "larger does not necessarily mean more risky" when it comes to bank size...
Investors are needlessly worrying about the prospect of Greece defaulting on its debt and withdrawing from the eurozone
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