Apparently, the most reliable indicator of financial fraud is not good corporate governance practises, but rather, the ego of the chief executive. “Governance doesn’t seem to matter,” says Michel Magnan, one of three authors conducting further studies into financial reporting fraud in Canada. “It looks good but it doesn’t substantively have the impact we’d hope [...]
EU oil sands ranking disturbs
Tuesday, October 4th, 2011By: Claudia Cattaneo You’d think that the European Union has enough on its hands dealing with the sovereign debt crisis that it doesn’t have the capacity to fire up a new one. Yet the European Commission did just that when it approved this week a green ranking of fuels that singles out Canada’s oil sands [...]
IHRP Releases Guide “On Disputed Ground” for reviews of mining, oil, gas CSR
Friday, August 26th, 2011From: University of Toronto – Faculty of Law The International Human Rights Program (“IHRP”) at the University of Toronto Faculty of Law is pleased to announce the release of a plain-language guide to assist affected communities to access the Review Process of the Office of the Extractive Sector Corporate Social Responsibility (CSR) Counsellor for Canada [...]
UK firms look set to fail to meet board gender targets
Wednesday, August 24th, 2011By: Simon Read, Personal Financial Editor Leading companies are failing to tackle gender diversity at board level, experts warn. That’s despite a government deadline demanding they publish proposals to boost the number of female board members. In February Lord Davies called on FTSE 350 companies to achieve “urgent change” and announce aspirational goals within the [...]
In Praise of Leading From Behind
Tuesday, August 23rd, 2011By: Anne Applebaum Finally, the Libyan revolution ended the way it was supposed to. “A few sharp victories, some conspicuous acts of personal bravery on the Patriot side and a colorful entry into the capital,” as Evelyn Waugh would have put it. That was the Western policy for the war—except that the war went on longer [...]
How employees know when to break the rules
Tuesday, August 23rd, 2011By: John Warrillow Recently, I saw a “pop-up” concert performed by my friend Lenni Jabour at big-box book retailer Indigo in downtown Toronto. A pop-up show is an unannounced event in a public space, and Ms. Jabour has been choosing to commandeer pianos sitting unattended in public places. The shows are one part civil disobedience and three [...]
Bearspaw First Nation sweeps out old council leadership in contested election
Thursday, August 11th, 2011Calgary Herald By: Jamie Komarnicki A political veteran elected chief of the Bearspaw First Nation says he must first address the fractured family clans — and costly legal bills — left behind from the vote. Darcy Dixon landed the band’s top job from embattled former chief David Bearspaw in an election that saw voters make [...]
Romney to Hecklers: ‘Corporations Are People’
Thursday, August 11th, 2011By: Ashley Parker DES MOINES, Iowa — Mitt Romney, who likes to promote his years in the private sector when out on the stump, offered a glimpse into his own business perspective at the Iowa State Fair on Thursday, telling a group of hecklers, “Corporations are people, my friend.” Mr. Romney was speaking at the fair’s [...]