PwC Australia flags governance overhaul following tax leak scandal
By Lewis Jackson SYDNEY (Reuters) – PwC Australia will appoint outsiders to its board and publish audited financial statements as part of a governance overhaul to bring the partnership closer to public…
Southeast Asia to set ‘guardrails’ on AI with new governance code -sources
By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial intelligence (AI) that will impose “guardrails” on the booming technology, five officials with…
Haiti made ‘significant progress’ on governance issues, says IMF
(Reuters) – Haiti has made “significant progress” on governance issues such as transparency, the International Monetary Fund (IMF) said on Thursday, as its management wrapped up a final review of an informal…
G7 leaders confirm need for governance of generative AI technology
TOKYO (Reuters) – Group of Seven leaders meeting in Hiroshima, Japan, on Friday acknowledged the need for governance of generative artificial intelligence (AI) and immersive technologies. The leaders agreed to have ministers…
Investors write to FTSE cos for new group to ease corporate governance issues – FT
(Reuters) – Some of the world’s biggest investors have proposed forming a new group, which will include board members of top UK companies, to address stewardship and corporate governance concerns, the Financial…
TIM’s top shareholder Vivendi leaves board seat as it seeks governance changes
PARIS/MILAN (Reuters) – Telecom Italia (TIM) said its biggest shareholder Vivendi on Monday relinquished its board seat, as Italy’s new government weighed options to take control of the debt-laden former phone monopolist’s…
U.S. House brawl over McCarthy raises worries about Republican governance
By David Morgan WASHINGTON (Reuters) – The bare-knuckle political fight among Republicans over Kevin McCarthy’s run for speaker of the U.S. House of Representatives could signal trouble ahead when lawmakers need to…
Harris Associates backs Credit Suisse handling of governance
ZURICH (Reuters) – Credit Suisse shareholder Harris Associates backed the Swiss bank’s handling of any potential conflicts of interest for Michael Klein, then board member, and director Blythe Masters when it implemented…
Auditor exodus at embattled China property firms triggers governance concerns
By Clare Jim HONG KONG (Reuters) – Auditors of at least 14 Hong Kong-listed Chinese property firms have exited this year, securities filings showed, raising governance concerns about the debt-ridden developers several…
Chipotle Announces 2022 Environmental, Social and Governance Goals Tied to Executive Compensation
Brand achieves its 2021 goals and continues driving progress towards greater emission-reduction and DEI Newport Beach, CA (-) Chipotle Mexican Grill (NYSE: CMG) today announced its 2022 Environmental, Social and Governance (ESG)…
Analysis-Musk tests limits of governance by having children with aide
By Rachael Levy Elon Musk’s decision to have children with one of his top executives at Neuralink pushed the limits of corporate governance norms, according to nine corporate governance experts who offered…
U.S. advisers say no need for Disinformation Governance Board
By Kanishka Singh WASHINGTON – Advisers to the U.S. Homeland Security Department said there was no need for the Disinformation Governance Board created by President Joe Biden’s administration earlier this year. The…
NZ central bank’s new governance board begins work July 1
WELLINGTON – New Zealand central bank’s new governance board, created by the government to strengthen decision making and accountability, will start work on Friday. The establishment of the Reserve Bank of New…
China regulator proposes new rules to improve anti-monopoly governance
BEIJING – China’s market regulator published on Monday draft rules and provisions aimed at improving its ability to govern antitrust behaviour, as the country prepares to implement a revised anti-monopoly law in…
Sequoia India grapples with fallout from governance snafus
By M. Sriram and Aditya Kalra MUMBAI – Sequoia Capital’s India partners, caught out early this year by governance scandals at startup companies in its portfolio, assured investors at an April meeting…
Carrefour Brasil to elect new board members, sets governance norms
SAO PAULO – Supermarket chain Carrefour Brasil said Tuesday that its board approved calling a shareholders meeting to elect new board members and update governance standards. Alexandre Bompard was chosen as candidate…
Berkshire investors nudge for better governance, social issues as meeting looms
By Carolina Mandl and Jonathan Stempel OMAHA, Neb. – Warren Buffett will face pressure to improve Berkshire Hathaway Inc’s environmental and social policies as well as governance when he meets shareholders this…
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