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Don't cut back on compliance now!

We've noted that the most recession-proof IT applications tend to be linked to risk management and compliance. The Securities and Exchange Commission certainly thinks this is the case. Officials have... Read more...

When a CEO abruptly quits...

As a shareholder nation, we're cynical enough--as we should be--to raise our eyebrows when a CEO abruptly steps down. Recall Jeff Skilling's surprise departure from Enron way back when. So when Tyson... Read more...

Unintended consequence: Sarbox clawback helps execs keep money

Recall that Section 304 of Sarbanes-Oxley offered what everyone thought was a clawback provision: If an issuer is "required to prepare an accounting restatement due to material noncompliance," the... Read more...

New era dawning in exec compensation

It's long been held, among executive compensation consultants, that top executives' large holdings incent good performance. Will the credit crunch change all that? Business Week noted recently that a... Read more...

Two Big Four firms hired as part of bailout effort

We've noted in FierceFinance that the broad TARP has attracted more than a few asset management firms vying to help the Treasury Department buy and sell... Read more...

Business continuity as a compliance issue

Strictly speaking, business continuity is not seen as a direct Sarbanes Oxley issue. But the two are related. Sarbox does not contain an exemption for a disaster. Your records and processes will have... Read more...

Study: Media coverage generates CEO pay increases

Does this mean you should invest in your media relations department? Sarbanes Oxley has led to a rise in the number of outside directors on compensation and other committees. Outsiders of course are... Read more...

More on the evolving audit committee

A new study by professors at Boston College and Northeastern University sheds light on the evolving audit committee. At many companies, the audit committee has indeed become a more forceful player.... Read more...

Accounting pays, especially at the PCAOB

Oh, the irony: The August Public Company Accounting Oversight Board is drawing attention for the high salaries it pays its top officials. Mark... Read more...

Sarbox making companies wimps?

What happened to the swashbuckling, risk-taking attitudes that defined American business for so long? One new study suggests that Sarbanes-Oxley is helping turn more companies into wimps: afraid... Read more...

Press Releases

JOHN MOORE APPOINTED AS CEO OF BEAR STEARNS ASIA

New York, New York — August 29, 2007 — The Bear Stearns Companies Inc. today announced the appointment of John Moore as chief executive officer for its businesses in Asia, responsible for Read more >>