Words .....that work

used with discretion and in harmony, to excite, persuade or merely reveal


ENRC, Corporate Governance & Networks

Posted on July 30, 2013 at 10:35 AM

Ah, ENRC - or Eurasian Natural Resources Corporation - where does one begin in this tale of woe ? 

Its own latest news on its website (link above) is dated 19/07/2013 and is titled:  'Legal claim against Sir Paul Judge'.

Here is the Guardian story on that.

In case you don't know him,...

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Calling All Ostriches: Know The Law On Financial Crime?

Posted on June 27, 2013 at 11:30 AM

What does business know about the implementation of anti-bribery and corruption laws that we lesser mortals don't know ?

There must be something, because if not then businesses large and small have all started to resemble members of the Ostrich Family.

Research in  the latest Anti-Bribery and Corruption Benchmarking Report from Kroll has just revealed that nearly half of global businesses say ...

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Decline In Financial Data Provided In Annual Reports

Posted on April 3, 2013 at 8:25 AM

Does less financial data automatically assume less transparency ? If so, we are in trouble. On the other hand, it could be that more is known, but less is shared- which is even worse.

Chairmen and CEOs in the FTSE100 provided seven percent less financial data and eight percent less forward-looking financial data in annual statements over the last five years. 


Metapraxis, the business analysis com...

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"God give me #governance - but not yet" #mining

Posted on March 24, 2013 at 4:40 PM

It was  something of an eye opener  to attend the second meeting of the Natural Resources Forum (NRF) last week at the Royal Institute in London's Mayfair.

Talk about boardrooms that have their work cut out - and oh so much risk management to worry about. And then there's whatever China is up to- no one really seems to know - but China's behaviour around natural resources in Africa is causing an awful lot of insomnia.


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Pay - The Final Frontier ? A Look At Europe PLC

Posted on January 24, 2013 at 10:55 AM

We may be making some progress appointing more women to boards of plcs across Europe, but - surprise, surprise - we are not paying them as much as men. This is partly because women are still not being appointed to the "top-paying, strategically important committee roles" and "barely two per cent" (in case you missed that, 2%) of non-executive chairs across Europe are held by women.

There is an 'actual pay gap' of 9% between male and female board members in Europe 2012...

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Short & Sweet : PLC Lesson For 2013

Posted on January 9, 2013 at 3:50 PM

If I insist on waiting until I have something positive to say in the New Year we could be waiting a very long time. But I might have a way forward - courtesy the FT's Lex column and the link is here.

There are suddenly a lot of allegations around emanating from short sellers about accounting irregularites. Zoomlion, China's construction-eqipment maker, may b...

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City Of London Police Think Big & Smart On Fraud

Posted on April 16, 2012 at 1:55 PM

I never expected to be linking here to the Cty of London Police website. But Adrian Leppard, Commissioner of the City of London Police, which is the UK's lead force for fraud has been innovative on how to deal with budget cuts while reinforcing the message that fraudsters should be scared enough to think twice - and also expanding the club of the 'good guys', which is es...

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Indian Art, Cats & Lessons For The Boardroom

Posted on February 1, 2012 at 9:35 AM

India Art Fair 2012 ended in Delhi a few days ago and for me a multi-dimensional and vibrant occasion was made extra special by some cats. Indigo Blue Art, the exciting Singapore-based gallery headed by Suman Aggarwal showing modern indian contemporary art, stole the buzz with its exit corner display entitled 'The Babu, The Nayika...

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FSA Spells Out NED Role In Managing Risks To Retail Customers

Posted on December 7, 2011 at 12:30 AM

After HSBC was fined a record £10.5m and made to foot a compensation bill of nearly £29.3m for miss-selling financial products to thousands of elderly and disabled people in the UK, the Financial Services Authority (FSA) has acted quickly on guidance on non-executive directors (NEDs).

The reputational damage to Britain's largest bank can't be quanit...

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From Delhi :The Long Arm Of The UK's Bribery Act

Posted on November 7, 2011 at 1:00 AM

The things one learns from hanging around the opulent Aman Resorts hotel (basic room $550 a night + taxes to a three bedroom Lodhi pool suite at $2,200 + taxes) in New Delhi, packed to the brim with a wedding party connected to some of its owners at DLF, India's largest real estate firm.

Of main interest here to this blog: the long arm of the UK's Bribery Act  which is, indeed, causing consternation and fear in equal amounts.

If you believe reports in...

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