Following the financial crisis, the New York Stock Exchange’s Commission on Corporate Governance has found that corporate boards should focus more on long-term growth, instead of short-term gains. The year-long examination also found that managers should be more involved in corporate governance and boards should not rely too heavily on legislation and agency rule-making in [...]
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Larry Sonsini,
NYSE commission on corporate governance,
Wilson Sonsini Goodrich & Rosati
To me, the biggest concerns companies should have about social media revolve around reputation damage, legal liability and workplace issues (cyber-stalking, sexual harassment, etc.). These are the issues that can hurt the most, with some other things to watch for being improper disclosure of confidential/financial information, data breaches, viruses/malware and any other general network security concerns. We [...]
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Facebook,
The Risks of Social Media,
Twitter,
Worker Productivity
Yesterday, Aon released its quarterly D&O pricing index, finding that the average price for $1 million in coverage limits increased 4.9% from the first quarter of 2010 and, more importantly, that D&O pricing decreased 16.4% in the second quarter as compared with the same quarter in 2009. According to the report, this is the largest decrease [...]
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Aon,
D&O,
D&O pricing index,
Hulbert Financial Digest,
Mark Hulbert
The above video features an AP news report about how the Niketown store in chic SoHo New York has become infested with bedbugs. Just like a lot of other places in New York. But rather than try to duck the issue, the store let everyone exactly why it is closed, simply by posting a note [...]
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Bedbugs,
Nike