Every corporation is unique. It follows that governance arrangements should be tailored to suit. Yet many shareholders, especially indexers, roundly condemn certain governance practices as if one size fits all. Three corporate practices illustrate this: combining the roles of chairman and chief executive; staggered director terms, and classes of stock with different voting rights. Each… Continue reading Outside the Box: Active managers see value in these 3 company practices but indexers hate them. Who’s right?
Netherlands and Austria will send 120 ventilators to Czech Republic, which reports record levels new cases of Covid-19, said the European Commission. The Dutch are providing 105 machines, while Austria is sending 15 ventilators and 30 high-flow nasal oxygen therapy devices. Prague last week called for 150 ventilators to deal with the surge. Singapore’s health… Continue reading Coronavirus latest: US disease control urges safer practices at polling stations
GE said on Tuesday it was facing possible action by the United States Securities and Exchange Commission on its Admission 2018 that its inherited insurance liabilities would be $ 15 billion more than expected. Shares of the industrial conglomerate fell 4.3% to $ 6.12 on Tuesday afternoon after GE disclosed that the SEC had notified… Continue reading GE faces SEC action over accounting practices
Crabtree & Evelyn is introducing The Bali Collection as its first exploration collection and consumers will find themselves feeling transported to Bali thanks to the use of traditional ingredients, wellness practices and products made by village craftswomen. The skincare and body products include cleansers, toners, body balms and incense products with scents like Nag Champa,… Continue reading Bali-Inspired Skincare – The Bali Collection Highlights Balinese Ingredients and Wellness Practices (TrendHunter.com)