Steve McCann, recently appointed chief executive and CEO of Crown Resorts, gave a brief overview of the monumental task ahead after choking on Tuesday’s Royal Commission hearings in Melbourne while outlining his plans for cultural reform at the giant struggling casinos. Royal Commissioner Ray Finkelstein QC finally took a 10-minute break to allow McCann to …

By Lionel Aeschlimann – Managing Partner, Mirabaud Group Mirabaud is an international banking and financial group that offers a clientele of private and institutional investors, businesses and finance professionals highly personalized investment, private banking and asset management services. Founded in 1819, and today run by the seventh generation of entrepreneurs, it has gradually become the …

A “forced change” in the corporate tax rate in Ireland could prompt companies to reassess their commitment to Ireland and move their operations to other jurisdictions, a new report has warned. In an assessment of the likely impact of global tax reforms on Ireland, debt rating firm DBRS Morningstar, however, describes the risks to the …

One of the important corporate governance (GC) reforms introduced under the Revised Companies Code of the Philippines (RCCP) has been the formal institution of “the fiduciary duty to keep records and report on important company information ”. Article 161 of the RCCP, under the title “Breach of the obligation to keep records, to allow inspection …

The APEC region saw a 6.1% increase in economic growth in the first quarter of 2021, rebounding strongly from a 2% decline in the first quarter of 2020, according to an updated report by the APEC Policy Support Unit. This number comfortably puts the region on track to meet growth expectations for the year, which …

(LR) President of the European Council Charles Michel, US President Joe Biden, Japanese Prime Minister … [+] Minister Yoshihide Suga, British Prime Minister Boris Johnson and Italian Prime Minister Mario Draghi pose for the official welcome and the leaders’ family photo during the G7 summit at Carbis Bay on June 11, 2021 in Carbis Bay, …

This development is the result of a great confluence between incentives and demands. It is obvious, even by my criteria, to note that companies are engaged in intense competition for customers, employees, suppliers and investors who increasingly make choices based on social considerations. This competition motivates attention to ESG factors (environmental, social and governance). Businesses …

Unlimited cloud resources, cloud-based analytics and machine learning are revolutionizing business decision making and automation. However, leveraging these capabilities can be difficult for organizations rooted in decades-old legacy processes, data fiefdoms, and systems. Many existing workflows and processes have been optimized for a traditional business model that blocks pockets of data for use by certain …

SINGAPORE – A clear strategy, a strong culture, corporate social responsibility and innovation are hallmarks of best-run companies, Deloitte Singapore said on Thursday (July 1st). General Manager Cheung Pui Yuen said at the company’s inaugural award ceremony to some of the country’s best-run companies, “After an incredibly difficult year for many companies, it is more …

Band Leigh Thomas PARIS, July 1 (Reuters) – Most of the countries negotiating a global overhaul of cross-border corporate taxation supported plans for new corporate tax place rules and a tax rate of at least 15%, they said on Thursday after two days of talks. The Paris-based Organization for Economic Co-operation and Development, which hosted …