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Ibovespa shows uncertainty with Vale decline and company news on the radar By Reuters
© Reuters. Iron ore in a Vale mine in Carajás, Parauapebas 07/29/2012 REUTERS / Lunae Parracho By Paula Arend Laier SAO PAULO (Reuters) – The São Paulo stock exchange did not show a sustained trend on Tuesday, with the pressure from the decline of the Vale share, in the wake of the decline in Chinese …
Dogbegah chairs the African Corporate Governance Network
Mr. Rockson Dogbegah, President of the Institute of Directors (IOD) of Ghana, was unanimously elected President of the African Corporate Governance Network (ACGN). Dr Mike Eric Juru, President of the Institute of Directors of Zimbabwe (IoDZ) was also elected Vice-President, Victoria Silutongwe, former President of the Institute of Directors of Zambia, as secretary. It was …
Insurtech Carrot enters strategic collaboration with Korea Expressway Corporation
Seoul, South Korea, 25 August 2021 / PRNewswire / – A Fast Growing Insurtech Carrot General Insurance Corp. (“Carrot” or the “Company”) announced a memorandum of understanding with Korea Expressway Corporation (KEC) to “co-develop a safe driving coaching platform for drivers” with the aim of fostering a culture of driving safely and reducing accident rates …
A step towards improving corporate governance
Shareholder activism involves the efforts of shareholders to bring about a desired change in the way the business operates. While most mature markets have powerful militant shareholders fighting for the rights of minority shareholders, Indian minority shareholders struggle to make their voices heard. The oldest (and grossest) form of shareholder activism first appeared in the …
Marina Maher Communications appoints Olga Fleming President of Healthcare and Business – News – MM + M
Marina Maher Communications has named Olga Fleming its first President of Healthcare and Business. Starting in September, Fleming is tasked with overseeing healthcare through Marina Maher Communications and her specialist agency RXMosaic, while also leading the agency’s corporate practice. She will also assume the agency’s strategy for the future in the areas of healthcare and …
The G7 Global Corporate Tax Rate: A Good Thing For Jersey? – Tax
To print this article, simply register or connect to Mondaq.com. Much has been said about the recent G7 decision to pursue a base global tax rate of at least 15% (the Global tax rate). Some call it the twilight of offshore jurisdictions. Should Jersey be worried? The initiative appears to be aimed at well-known multinationals …
ESG Push for Corporate Tax Disclosures Gaining Momentum in U.S.
Corporate tax departments are facing an under-the-radar element of ESG-focused activist investing that’s gaining traction and would more directly affect bottom lines than the addition of women and minorities to corporate boards or publishing environmental impact reports. Environmental, social, and governance-oriented investors, and members of Congress, want large public companies to disclose where they shift …
Corporate governance, an investment to ensure sustainability: Srinivas
Indian organizations must view corporate governance as an investment to ensure long-term sustainability, Chairman of the Authority of International Financial Services Centers Injeti Srinivas said on Friday during a keynote address at ET -Amrop India’s Best Boards Awards. “When we talk about corporate governance, unfortunately, we often think of it as a compliance burden or …
GC Cheat Sheet: Hottest Business News Of The Week
Law360 (August 20, 2021, 2:51 p.m. EDT) – A Texas nonprofit has said that a rule by the United States Securities and Exchange Commission that aims to encourage board diversity among companies listed on the Nasdaq is unconstitutional, and British lawyers are bracing for more investigations into acquisitions after Britain adopts more favorable rules governing …
Are independent directors really independent?
In accordance with the Companies Act 2013, all listed companies are required to have independent directors (IDs) who represent one third of the total number of directors. Independent directors are expected to represent an impartial and impartial voice on the board. Due to this function, IDs are considered to be the guardians of minority shareholders. …