Today the US Government’s auditing watchdog board (PCAOB, or Public Company Accounting Oversight Board, for those who care about the details) announced they are actively considering a new rule requiring public companies to change independent auditors every few...
A few months ago the Wall Street Journal reported that Merrill Lynch paid over $10 million to each of its top 11 executives last year while the firm was losing billions – they weren’t CEOs, they were deal makers, basically. This week the Los Angeles Business Journal...
For many years now, not-for-profit organizations have maintained some form of nominating committee to help them attract and select qualified candidates for their open director or trustee positions. From that point on it has pretty much been up to chance and the...
