Author: Erin Connors
SubscribeInterlocking Directorates: All the Rage in Corporate America
Ever heard of the Clayton Act? Named after its sponsor, Alabama congressman Henry Clayton, the law was enacted in 1914 to help stamp out anticompetitive business practices deemed harmful to consumers, such as the formation of monopolies an...
Read MoreFASB (Finally) Backs Fair-Value Accounting for Cryptocurrency Assets
Cryptocurrency enthusiasts don’t exactly seem like rule-following types. In fact, defying convention likely makes up much of crypto’s appeal for many digital-token owners. Pesky things like accounting standards probably don’t even show up o...
Read MoreReport Says Big Polluters Shield CEO Pay from Climate Incentives
Forget about hearts or stomachs; the way to achieving a company’s ESG goals runs through the CEO’s pocketbook. It’s a popular line of thinking, anyway. Making CEOs’ compensation dependent on their companies reaching environmental, social an...
Read MoreUncertainty Prompts Growing Number of Companies to Revise Revenue Guidance
The man known as “Dr. Doom” in the financial world has some typically sour news about the global economic forecast. In an interview with Bloomberg this week, economist Nouriel Roubini warned that we’re quickly approaching a “long and ugly”...
Read MoreU.S. and China Finally Have an Audit Agreement, or Do They?
If you’re confused about where things stand in the squabble between U.S. regulators and Chinese authorities over auditing standards, you’re probably not alone. About a year ago, Securities and Exchange Commission Chair Gary Gensler sounded...
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