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Blog : BOARD TALK

#CorpGov 2017: Don't Forget About Pensions

Posted on December 30, 2016 at 2:30 PM

There is no shortage of corporate governance issues for UK businesses to consider going into 2017, with levels of executive pay high on the nation's agenda.


But spare a thought for pensions -  as recently considered  on Forbes.


As we crashed into Christmas you may have missed the annu...

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Governance Health Check Launched For Pension Schemes Amid A Crisis

Posted on October 6, 2016 at 2:15 PM


#Pensioncrisis is calling out for close attention paid to governance.


In recent days in the UK:


1.A parliamentary committee has said it will consider proposals to allow private sector pension schemes to cut costs by suspending inflation-linked increases for pensioners.There are 6,000 private sector pension schemes, with about 11 million members, according to the

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Guest Blog: What Directors Need To Do To Deter Fraud

Posted on February 29, 2016 at 9:45 AM


GUEST BLOG:

Paula Loop, Leader of PwC's Center for Board Governance (based in the US)


WHAT DIRECTORS NEED TO DO TO DETER FRAUD

 

"In 2014, 45% of organizations in the US said they experienced some type of fraud. It’s no surprise, then, that companies, boards, and audit committees are concerned.

 

 Economic fraud ca...

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Citizen Ethics: The Latest Danger For Business

Posted on August 22, 2015 at 6:45 PM

I have been thinking about Ashley Madison. In case you missed it, it's the website with the following slogan: “Life is short. Have an affair”. Its business plan appears to rely - among other things - on boredom, secrecy and instant gratification. It is in the business of marketing extra marital affairs.


But this post is not about judging the business plan. The salacious nature of the early revelations of a data breach - complete with August headline...

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You Don't 'Manage' Reputation: You Earn It

Posted on August 8, 2015 at 5:30 PM

It seems we are all getting into a terrible muddle in 2015 about 'reputation' - when it comes to business.


So let's go back to the OED for a definition: 'Reputation: the beliefs or opinions that are generally held about someone or something - a widespread belief that someone or something has a particular characteristic."


In other words, reputations exist: they have a life of their own, based on what you do as a business, how you do it and how it...

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Having A Code Of Ethics Vs Communicating It

Posted on May 14, 2015 at 7:05 PM

Did you know ? 75% of FTSE100 companies have a code of ethics. Good news, one would think, for better corporate governance.


But clearly, messages about ethical business practice are often falling on deaf ears.


London's Institute of Business Ethics (IBE) is onto it. Its latest good practice guide- Communicating Ethical Values Internally - examines the role of internal communication in establishing a...

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Compliance Helps Root Out Unethical Conduct

Posted on April 26, 2015 at 6:00 AM

Compliance requirements for business that involve its supply chain have their uses, despite all the moaning that often accompanies new rules in any jurisdiction.


Globally, the number of companies who monitor their business partners at least quarterly has nearly doubled in the past year, while more than 10% of all respondents to a Dow Jones survey now monitor part...

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Now To Focus On Legal Risk Management...

Posted on April 5, 2015 at 7:10 PM

Easter Sunday and the UK is bathed in late evening sunshine....but here's a thought before you are lulled into any sense of complacency.


While a 24 hour news stream via social media delivers a steady array of potential concerns for listed companies around corporate governance and risk, one has remained pretty much unexplored: the role of in-house lawyers.


Now the UCL Centre for Ethics and Law

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So Now It's About #CorpGov In The Media

Posted on February 19, 2015 at 6:55 AM

Journalist Peter Oborne's own account on why he resigned from Britain's Telegraph newspaper puts in the spotlight an issue that is never discussed - corporate governance and the media. In fact, until very recently in the UK, 'corporate governance' as a subject was dismissed, even considered rather amusing, often described - even as recently as  last year - as being...

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When Lack of A Collective Morality Equates To Hard Cash Loss

Posted on February 12, 2015 at 12:25 PM

While we are still reeling from the revelations around #HSBCLeaks and hypocrisy at the top around the real meaning of corporate governance....


it turns out that losses from fraud in the UK are showing an unexpected increase that bucks the typical cycle of fraud after a recession.


UK businesses and organisatio...

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