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Business Laws & Ethics

Will Beneficial Ownership Registers Become Global?

Will beneficial ownership registers spread around the World? Governments have become more and more focused on the risks posed by opaque and confidential corporate structures. In particular the ability of a certain type of person to use such structures to hide the true ownership and origin of funds, thereby facilitating tax evasion and money laundering. …
(Guest post from Andrew Clearfield, Corporate Governance Consultant ) One of the things with the market for governance experts is that almost no one is willing to pay for real, forward-looking expertise, but especially over here in the U.S., the market is almost entirely dominated by a compliance mentality, which means, not ‘How do I …
Guest post from Jack Hoban. What are Values? According to the dictionary, values are “things that have an intrinsic worth in usefulness or importance to the possessor,” or “principles, standards, or qualities considered worthwhile or desirable.” However, it is important to note that, although we may tend to think of a value as something good, …
(Part 1 of 2 is Benefits of Involving Board in Projects for Change) One of the jobs of the Board is to continuously ensure the high-performance of the organization. Certainly, there can be many perspectives on what “high performance” means, for example, to always satisfy needs of stockholders or stakeholders or to always achieve strategic …
Especially for boards in change projects for small- to medium-sized corporations, the Board can be the leverage point – the point in the project that can make the biggest difference – for success in significant projects for change. In these situations, if an organization seems reluctant to involve the Board, then change agents should seriously …
Graham worked as a management consultant assisting the national operations of a company that has grown over twenty years acquiring ‘non-family’ shareholders who now account for 40% of the capital. The founder’s son, who owns 10% of the shares, heads an overseas division and is a director. The founder retains the remaining 50% and is …
The difference between chief executive and Managing Director is one of thesubtleties that can confuse board members. Boards have the right to delegate the tasks of running the organisation to any person they rationally believe is capable of performing them. When the board delegates those tasks to one of the directors, that person becomes known …
I do know at least one person who has been the chair of a board for over 20 years (a big organization). Is that unusual? It is an extremely unhealthy situation, but is not unusual for an NPO that never grew up. I’d expect that the same people are doing the same things they’ve done, …