Corporate Board articles from November 2001

Corporate Board archives from November 2001

Good Governance Is A Global Challenge.(Mark Mobius )(Interview)
November 1, 2001... While many of us discuss the need for improved global corporate governance standards, Mark Mobius is one of the few people with the power to be heard in boardrooms worldwide. Mobius is president of the emerging markets group of the massive...

Taking Control Of Executive Pay.
November 1, 2001... The amazing run up in CEO and top executive pay over the past decade has increasingly left board compensation committees adrift. Complex stock option and tax issues, legalities, and ever-rising dollars suggest that executive pay has gotten...

Spin-Off Boards: Creating Dream Teams.
November 1, 2001... Spin-offs of divisions have proven a highly popular way for corporations to create shareholder value over the past few years. They also offer a rare opportunity to create corporate governance value. By starting with a "clean sheet of paper,"...

Mutual Fund Voting: Why Not Disclose?
November 1, 2001... Mutual funds have accumulated one of the greatest blocks of non-governmental investment in the world. However, the voting and corporate governance policies these funds pursue with the companies they invest in are largely unknown, and the funds...

Thoughts On The Future Of Banking.
November 1, 2001... With its mix of high technology, merger activity, managerial complexity; global reach and tight regulation, the banking industry of today foreshadows the strategic and governance issues facing all businesses tomorrow. Citigroup's banking...

Stock "overhang" rates continue to climb.(Brief Article)
November 1, 2001... Just a decade ago, it was unusual for a company to have a stock "overhang" (shares set aside for future long-term incentive grants plus shares set aside for outstanding grants) of more than 10 percent of company common shares outstanding (CSO)....

Board members are becoming more independent and accountable, study finds.(Brief Article)
November 1, 2001... More boards of Fortune-listed companies are actively pursuing methods to continuously improve governance and accountability, according to the Korn/Ferry International 28th Annual Board of Directors Study. "More boards are taking greater...

Equity is now 61 percent of top director pay.(Brief Article)
November 1, 2001... Board total pay at America's top 200 companies averaged a record $138,747 in 2000, a four percent increase following five years of rapid growth. Sixty-one percent of director pay is now delivered in the form of stock, with all but 10 of the top...

A new campaign against poison pills is underway.(corporate anti-take over measures)(Brief Article)
November 1, 2001... Providence Capital, Inc. launched a major "Poison Pill Campaign" in late September with a "Town Hall" meeting and simultaneous audio webcast held in New York City. The discussion was open to the media and members of the investment community....

Hiring and layoffs--at the same time--mark the current job market.(Abstract)
November 1, 2001... Despite the general economic downturn and numerous layoffs, the labor market for talent remains in flux. A new reality for the talent management game is emerging, with the power between employers and employees shifting continually. ...

Accounting Irregularities and Financial Fraud.(Review)
November 1, 2001... Accounting Irregularities and Financial Fraud. By Michael R. Young. Harcourt. $99. Subtitled "A corporate governance guide," this excellent book offers a comprehensive, one-volume guide to hunting for financial misdealing from the audit...

The Quest for Global Dominance.(Review)
November 1, 2001... The Quest for Global Dominance. By Vijay Govindarajan and Anil K. Gupta. Jossey-Bass. $27. A technical but revealing study of over 100 successful global corporations (including Toys R Us, Ikea, Wal-Mart and Procter & Gamble) and the common...

The Guru Guide to the Knowledge Economy.(Review)
November 1, 2001... The Guru Guide to the Knowledge Economy. By Joseph H. Boyett and Jimmie T. Boyett. Wiley. $24.95. The New Economy has turned into the ill Economy over the past year, but that makes this guidebook, selections from the thoughts of 115 modem...

Ten years ago in The Corporate Board.
November 1, 2001... Ten years ago in The Corporate Board. More shareholders will be able to vote electronically, simply and easily, and even change their votes by computer as circumstances warrant. Electronic voting technology will be extended not only to...

Five years ago in The Corporate Board.
November 1, 2001... Five years ago in The Corporate Board. I believe that placing arbitrary racial or gender quotas on corporate boards is fundamentally wrong. Therefore, not only does Cypress [Semiconductor] not meet your [Sister Doris Gormley, Sisters of St....

Spoken & Written: Articles & Speeches.
November 1, 2001... The shame of languishing in the midst of freedom generates a touchy, narcissistic sensibility and an abiding faith that, but for the evil of others, one's superiority would be self-evident. The terrorist act is a self-referential event, a...

Directors' Register: Recent Board Elections.
November 1, 2001... AGL Resources Inc. has elected to its board Karen R. Osar, senior vice president and chief financial officer of Westvaco Corporation, and James A. Rubright, chairman and chief executive officer of Rock-Tenn Company. Atmos Energy...

Conversations: Guy Adams: Boardroom Proxy Coup.(Brief Article)(Interview)
November 1, 2001... The hard truth of proxy contests is that few hostile shareholder resolutions succeed, and attempts to oust incumbent board members from the outside are even more dubious. Yet in 2001, Guy Adams, running a shoestring proxy campaign, was able to...