Tag: corporate

Contrary To Popular Belief – Corporate Directors Don’t See Stopping Wayward CEOs As Their Job
POLITICS, WORK

Contrary To Popular Belief – Corporate Directors Don’t See Stopping Wayward CEOs As Their Job

BUSINESS Steven Boivie, Texas A&M University In December 2001, Enron Corp. collapsed into bankruptcy – at the time the biggest U.S. publicly traded company to ever do so – following years of fraudulent accounting. Two decades later, Theranos CEO Elizabeth Holmes faces criminal charges that she defrauded investors as she built her blood-testing startup. In both cases, the companies’ respective boards of directors have been blamed for allowing misdeeds to happen – or not doing more to prevent them. That’s because boards are broadly seen by regulators, governance experts, lawmakers, newspaper reporters and the public as the main body meant to hold senior executives accountable. Legally, their role as overseers is baked into the Sarbanes-Oxley Act, which is the most recent major legisl...
State Politics And Election Corporate Spending Can Affect Everything From Your Wallet To Your Health
BUSINESS, POLITICS

State Politics And Election Corporate Spending Can Affect Everything From Your Wallet To Your Health

Political spending by corporations is big business. As one corporate executive with experience in business-government relations says, “A company that is dependent on government that does not donate to politicians is engaging in corporate malpractice.” Our research group heard that statement during a series of interviews with industry insiders that we conducted for a study on corporate political strategy and involvement in U.S. state politics. In the 2020 election cycle, private interests spent US$486 million on campaign contributions to U.S. federal election candidates and over $7 billion to lobby Congress and federal agencies. The 2022 cycle could be a record period if recent trends are any indication. At the federal level, nine of the 10 most expensive Senate races to date happened du...
Are Employee Ownership Programs The Future Of Corporate America?
FOR BUSINESS

Are Employee Ownership Programs The Future Of Corporate America?

(BPT) - It's no secret it's a job seekers market. Many people are open to new work and employers are vying to attract the best talent. This gives job seekers more options than ever to find positions where they'll get the best benefits and be happy long-term. While salary is a core component of an employment package, benefits are just as important. Forward-thinking CEOs are going beyond the basics of health insurance and retirement programs and offering truly meaningful benefits that have a major impact on employees. Employee ownership programs really stand out in attracting top talent, motivating current employees and boosting employee satisfaction. For instance, Integrity Marketing Group, a leading distributor of life and health insurance, and provider of innovative solutions for wealth...
Corporate Branding – Will They Remember You?
BRANDING

Corporate Branding – Will They Remember You?

In today's market selling quantity seems to be the rule of the day. Slap together something quick and don't worry about what flies out the door, it doesn't even matter who the purchasers are. Companies who focus on branding will stand out amongst the crowd. Why? They have recognized that most buyers' especially online buyers need confidence in doing business with an established entity. Nothing shows your commitment to your business like a well developed branding strategy. Having a great logo is the first major step towards cultivating this development. Sure there are plenty of "out-of-the-box" logo solutions and the prices are more than appealing to a business that doesn't recognize the value of their corporate image. The Difference Why should you spend more than $300 on a logo? Would y...
Corporate Takeovers Are Fundamentally Changing Podcasting – Here’s How
BUSINESS

Corporate Takeovers Are Fundamentally Changing Podcasting – Here’s How

At first glance, it may seem as though Big Tech can’t figure out how to make money off its foray into podcasting. In early May 2022, Meta announced that it was abruptly ending Facebook’s podcast integration less a year after it launched. Facebook had offered podcasters the ability to upload their shows to the social media site. Meanwhile, Spotify’s own expensive gamble on podcast integration within its music streaming service hasn’t resulted in the surge of new listeners that it had hoped. And what about the emergence of social audio platforms like Clubhouse that promised to re-imagine podcasting as live audio chatrooms hosted by celebrities and public figures? After its meteoric rise in 2021 during the height of the global pandemic, Clubhouse has seen major declines in app installs, in...
Corporate Governance Scholars Disagree With Elon Musk Argument That Twitter Would Be Better Off In Private Hands Rather Than Public Hands
BUSINESS

Corporate Governance Scholars Disagree With Elon Musk Argument That Twitter Would Be Better Off In Private Hands Rather Than Public Hands

Billionaire Elon Musk says he wants to take Twitter private by buying 100% of its publicly held shares in a deal worth US$43 billion. In a letter to the board, he said that Twitter can’t serve as a platform for free speech as a public company. “Twitter needs to be transformed as a private company,” he wrote. I’m a scholar in corporate leadership and governance. A big problem with private companies is they lack the safeguards of public corporations – like outside ownership and independent oversight. Public ownership Some years ago, I explored the distinction between public and private companies in detail when the American Bar Association invited me to write about what young corporate lawyers need to understand about how business works. Based on that research, I want to point to an importa...
Corporate Website Design – A Must For Your Business
RECOMMENDATIONS

Corporate Website Design – A Must For Your Business

There are a lot of website development specialists around today, but finding the right one for your corporate website design project is key to your online success. For a superb business site, you want a website specialist with the practical experience of building successful corporate websites. When you want to build your brand in the modern world, you need to consider the importance of World Wide Web to the modern consumer, and when you want to attract the modern consumer you need to build a corporate website that will appeal to him or her. Great website design and development organizations can make great corporate sites. Unless you are a web designer yourself, however, you likely do not know what is necessary to build effective corporate web architecture. When you're ready to build an...
Money Talks: Big Business, Political Strategy And Corporate Involvement In US State Politics
POLITICS

Money Talks: Big Business, Political Strategy And Corporate Involvement In US State Politics

Political spending by corporations is big business. As one corporate executive with experience in business-government relations says, “A company that is dependent on government that does not donate to politicians is engaging in corporate malpractice.” Our research group heard that statement during a series of interviews with industry insiders that we conducted for a study on corporate political strategy and involvement in U.S state politics. In the 2018 election cycle, for example, private interests spent US$500 million on campaign contributions to U.S. federal election candidates and nearly $7 billion to lobby federal officials. As shown by campaign finance monitor the Center for Responsive Politics, those firms most affected by government regulation spend more. The operations of Face...
Smart Cyber Defense Or Government Overreach? The FBI Is Breaking Into Corporate Computers To Remove Malicious Code
CYBERCRIME, TECHNOLOGY

Smart Cyber Defense Or Government Overreach? The FBI Is Breaking Into Corporate Computers To Remove Malicious Code

The FBI has the authority right now to access privately owned computers without their owners’ knowledge or consent, and to delete software. It’s part of a government effort to contain the continuing attacks on corporate networks running Microsoft Exchange software, and it’s an unprecedented intrusion that’s raising legal questions about just how far the government can go. On April 9, the United States District Court for the Southern District of Texas approved a search warrant allowing the U.S. Department of Justice to carry out the operation. The software the FBI is deleting is malicious code installed by hackers to take control of a victim’s computer. Hackers have used the code to access vast amounts of private email messages and to launch ransomware attacks. The authority the Justice D...
To Disguise Their Corporate Lobbying As Grassroots Campaigns Airbnb And Uber Use Activist Tactics
IN OTHER NEWS

To Disguise Their Corporate Lobbying As Grassroots Campaigns Airbnb And Uber Use Activist Tactics

What David Cameron once called “the far-too-cosy relationship between politics, government, business and money”, has come back to haunt him. By lobbying on behalf of Lex Greensill’s influential finance company, the former UK prime minister’s prediction that lobbying would be “the next big scandal” has been proven right. With Prime Minister Boris Johnson calling an inquiry into the episode, it all raises questions about the lobbying laws the Cameron government introduced in 2014. They appear so weak that seemingly no elements of the current saga were illegal. Exemptions in the rules that prevent in-house lobbyists like Cameron from having to appear on the statutory register have left up to 80% of corporate lobbying untouched. Yet this is not the only aspect of corporate lobbying that sho...