All politics is the art of deception, none more so than the oft-repeated claim about "tax cuts for the rich." First, the extension of the rate cuts of 2003 that President Obama grudgingly agreed to in exchange for an extension of unemployment benefits is not in any way a reduction of income tax. The only question was whether everyone’s tax liability was going to increase in January.
Effective risk management oversight by boards of directors — accompanied by risk-centric culture and governance — is the best defense against earnings surprises, reputational and legal problems, and financial ruin. Here are seven essential questions every board must consider.
A new study of investor concerns provides CEOs and boards a roadmap for reducing risk and improving business performance.
What not to do to make the most of your acquisition opportunities.
Current methods focus more on accounting for losses rather than preventing them.
Are we relying on the rule of law or the judgment of men to protect our liberty?
Limited research has not yet suitably explained why private companies would sell under disadvantageous terms. Among existing empirical studies, some fail to provide adequate support to explain the phenomenon, while others suggest there is more to the problem.
Meet Steve Harman, Shell Oil's go-to man when a division needs to fuel growth. Harman grew up in Durham, a small mining village in...
Managing business risk has always been a strategic imperative, but perhaps never more so than today. Explosive global expansion, ever-more-onerous regulatory oversight and an...
Notwithstanding all talk about their gargantuan bonuses, investment bankers evince no chagrin about the fees they charge. They unabashedly retort that they are paid...