Corporate Board articles from March 2001

Corporate Board archives from March 2001

Rising To The New Governance Standards.
March 1, 2001... The role of the corporate board has faced a tide of new regulations and duties over the past decade, making the directors job more challenging and dangerous. However, SEC Chairman Arthur Levitt urges directors to keep their eyes on the ultimate...

Letter From The United Kingdom: British Board Reform.
March 1, 2001... Britain's 1992 Cadbury Report may well have been the spark that ignited the wordwide governance revolution of the past decade. The U.K. has been on the leading edge of boardroom change since. Kit Bingham, editor of the British journal...

Risk Management In The Audit Committee.
March 1, 2001... Over the past several years, board audit committees have faced more changes and new regulations that all other aspects of the board combined. How should your board reshape the role and skills of its audit committee to meet the new demands it...

Governance Leadership And Convergence.
March 1, 2001... After decades of research on management science, the world's corporations still show enormous variety in how they are managed and governed. However, global best practices for corporate leadership are emerging, find the authors, and these models...

The Board Constitution.(corporate governance)
March 1, 2001... More than a board charter, and more than governance guidelines, a "board constitution" is nothing less than a definition of what your board hopes to achieve, and how it intends to achieve it. By following the process below, you may uncover some...

Despite new demands, few audit committees plan increased training.(Brief Article)
March 1, 2001... Although external pressures may eventually influence their decision, fewer than one in five corporate audit committee members surveyed by the Audit Committee Institute (ACI) of KPMG LLP said they will seek more schooling to help maintain the...

IRRC releases 2000 board practices report.(Investor Responsibility Research Center)(Brief Article)
March 1, 2001... The Investor Responsibility Research Center (IRRC) in December released Board Practices 2000: The Structure and Compensation of Boards of Directors at S&P Super 1,500 Companies. The report, the sixth in a series, highlights governance...

More stock options are sinking "underwater.".(Brief Article)
March 1, 2001... In the wake of recent stock market volatility, companies increasingly face a perceived loss of incentive value with their employee stock options. In some cases, the value of options has declined significantly, putting at risk a critical...

What will your greatest financial reporting challenges be in 2001?(Brief Article)
March 1, 2001... Financial Executives International (FEI), a professional association of 15,000 CFOs, controllers and treasurers, has identified the ten most critical financial reporting challenges facing public companies for the year 2001. * Audit...

Get ready for the "European" corporation.(Brief Article)
March 1, 2001... The European Commission has welcomed the political agreement reached by the EU's Council of Ministers on December 20 on the Regulation to establish a European Company Statute (ECS) and on the related Directive concerning worker involvement in...

Ten years ago.
March 1, 2001... Members of Congress will object [to a capital gains tax cut] on fairness grounds, but what is fair about the most inequitable tax of all--a deep and prolonged recession? It is ironic that the largest and most capitalist nation in the world also...

Five years ago.(independence of directors)(Brief Article)
March 1, 2001... Perhaps in the long run the best hope of more and timelier independence of directors is the slow process of cultural change. As a new generation of business leaders emerges, one less wedded to past practices and more fully exposed in their...

Directors' Register.(Brief Article)
March 1, 2001... Recent Board Elections AmeriVest Properties Inc. has elected to its board Jerry J. Tepper, president of Tepco Inc. APACHE Medical Systems, Inc. has elected to its board William R. Lewis, former senior financial officer with Fortune 500...

Conversations.(Steve Miller)(Brief Article)(Interview)
March 1, 2001... Steve Miller: The Turnaround Board When a major American corporation is facing a turnaround situation, the first name that boards often turn to is Robert S. "Steve" Miller. Perhaps the country's best known "Mr. Fixit," Miller came to...

Internet boards continue to flout crucial best practices.(Brief Article)(Statistical Data Included)
March 1, 2001... Despite lackluster performance over the past year, Internet companies have made little headway in assembling independent, diverse boards of directors, according to the second annual study of public Internet company boards by global recruiting...