The latest Corporate Governance Daily! http://bit.ly/2koVrQ9 Thanks to @RamonaMateri @ESCOUTE1 #corpgov #boardofdirectors
— Muzaffaruddin Alvi (@Muzaffar1969) December 12, 2017
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Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)
Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
Showing posts with label 2017 at 10:38AM. Show all posts
Showing posts with label 2017 at 10:38AM. Show all posts
Tuesday, December 12, 2017
The latest Corporate Governance Daily! http://bit.ly/2koVrQ9 Thanks to @RamonaMateri @ESCOUTE1 #corpgov #boardofdirectors
Saturday, December 2, 2017
The latest Corporate Governance Daily! http://bit.ly/2iCaMQj #corpgov #boardofdirectors
The latest Corporate Governance Daily! http://bit.ly/2iCaMQj #corpgov #boardofdirectors
— Muzaffaruddin Alvi (@Muzaffar1969) December 2, 2017
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Thursday, November 30, 2017
The latest Corporate Governance Daily! http://bit.ly/2ipOT6Y #corpgov #boardofdirectors
The latest Corporate Governance Daily! http://bit.ly/2ipOT6Y #corpgov #boardofdirectors
— Muzaffaruddin Alvi (@Muzaffar1969) November 30, 2017
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Monday, May 22, 2017
WholeBoardDevelopmnt retweeted: Future Fund puts its foot down on corporate governance bit.ly/2r7JpAj #corpgov
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WholeBoardDevelopmnt retweeted:
Future Fund puts its foot down on corporate governance bit.ly/2r7JpAj #corpgov
May 22, 2017 at 10:32AM
https://twitter.com/WholeBoardDev/status/866525520510558209
from WholeBoardDevelopmnt
Corporate Governance retweeted: Future Fund puts its foot down on corporate governance bit.ly/2r7JpAj #corpgov
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Corporate Governance retweeted:
Future Fund puts its foot down on corporate governance bit.ly/2r7JpAj #corpgov
May 22, 2017 at 10:32AM
https://twitter.com/ToGovern/status/866525040350830592
from Corporate Governance
Future Fund puts its foot down on corporate governance bit.ly/2r7JpAj #corpgov
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Future Fund puts its foot down on corporate governance bit.ly/2r7JpAj #corpgov
May 22, 2017 at 10:32AM
https://twitter.com/GovernanceMatt/status/866524987695525889
from Governance Matters
WholeBoardDevelopmnt retweeted: Future Fund puts its foot down on Corporate Governance http://ift.tt/2r6SYPR #CorpGov
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WholeBoardDevelopmnt retweeted:
Future Fund puts its foot down on Corporate Governance http://ift.tt/2r6SYPR #CorpGov
May 22, 2017 at 10:32AM
https://twitter.com/WholeBoardDev/status/866524508001374209
from WholeBoardDevelopmnt
Future Fund puts its foot down on Corporate Governance http://ift.tt/2r6SYPR #CorpGov
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Future Fund puts its foot down on Corporate Governance http://ift.tt/2r6SYPR #CorpGov
May 22, 2017 at 10:32AM
https://twitter.com/TTFacer/status/866524028193746944
from Tim Facer
Sunday, May 21, 2017
Jon West retweeted: .@WelshGovernment are recruiting a new Independent Member for the Public Health #Wales Board – more info: https://t.co/qTW68SCgkW #corpgov
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Jon West retweeted:
.@WelshGovernment are recruiting a new Independent Member for the Public Health #Wales Board – more info: https://t.co/qTW68SCgkW
#corpgov
May 21, 2017 at 10:31AM
https://twitter.com/jonnysoapbox/status/866160521422282752
from Jon West
Monday, May 15, 2017
JK Cement hits 1-yr high on strong Q4 numbers, to raise fund of Rs 500cr
http://ift.tt/2oi0fuZ
May 15, 2017 at 10:36AM
from
At last, some sensible commentary on bank levy | MacroBusiness
From Leith van Onselen:
……The bank levy helps internalise some of the cost of the extraordinary public support that the big banks receive from taxpayers via the Budget’s implicit guarantee (which provides a two-notch improvement in the banks’ credit ratings), the RBA’s Committed Liquidity Facility, the implementation of deposit insurance, and the ability to issue covered bonds. All of these supports have helped significantly lower the banks’ cost of funding and given them the ability to derive super profits.
As noted by Chris Joye on Friday, the 0.06% bank levy is also very ‘cheap’, since it would only recover around one-third of the funding advantage that the big banks receive via taxpayer support:
“If the two notch government support assumption is removed from these bonds, their cost would jump by 0.17 per cent annually to 1.11 per cent above cash based on the current pricing of identical securities. So the majors are actually only paying 35 per cent of the true cost of their too-big-to-fail subsidy…
Requiring banks to pay a price for the implicit too-big-to-fail subsidy is universally regarded as best practice because it minimises the significant moral hazards of having government-backed private sector institutions that can leverage off their artificially low cost of capital to engage in imprudent risk-taking behaviour.”
Again, what better way to internalise some of the cost of the government’s support than extract a modest return to taxpayers via the 6 basis point levy on big bank liabilities?
The Turnbull Government’s unexpected bank levy announcement is the single best thing to come out of the 2017-18 Budget. It deserves widespread support from the community and parliament.
I have my doubts that the new bank levy is a step in the right direction. Most observers would agree that the banks are getting a free ride at the taxpayers expense, but this is not a solution.
Remember that the Commonwealth Treasury is not an insurance fund. And the risk premiums (levy) collected will go to fill a hole in the current budget, not to build up a fund against the future risk of a banking default.
There is no way to avoid it. Australian banks are under-capitalized, with about 6% capital against unweighted risk exposure (leverage ratio). Charging a bank levy does not solve this. Raising (share) capital does.
The levy merely provides the banks with another argument against raising more capital. I would much rather see a levy structured in such a way that it penalizes banks who do not carry sufficient capital, creating an incentive for them to raise further equity.
Neel Kashkari, President of the Minneapolis conducted a study to determine how much capital banks need to carry to avoid relying on taxpayer bailouts. The conclusion was that banks need about 15% capital against (unweighted) risk exposure. Too-big-to-fail banks require slightly more: a leverage ratio of about 18%.
Source: At last, some sensible commentary on bank levy – MacroBusiness
May 15, 2017 at 10:29AM
from ColinTwiggs
Sunday, May 7, 2017
Mobilization advances cannot be treated as Loans & Advances and not subject to TP
http://ift.tt/eA8V8J
ITAT Hyderabad has held in the case of DCIT Vs. M/s. Lanco Infratech Limited held that Mobilisation/ trade advance has been wrongly treated as trade receivable. It is not to be subjected to TP. It cannot be re-characterised as receivables. Moreover, advances given as part of contract work does not require any special addition, when […]
May 07, 2017 at 10:16AM
from admin
Saturday, May 6, 2017
David Tooley retweeted: VIDEO: Twitter’s ability to affect share prices is strongest for smaller companies ow.ly/uVsq30btLW5 #corpcomms #corpgov #wallst #ASX
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David Tooley retweeted:
VIDEO: Twitter’s ability to affect share prices is strongest for smaller companies ow.ly/uVsq30btLW5 #corpcomms #corpgov #wallst #ASX
May 06, 2017 at 10:35AM
https://twitter.com/TooleyMedia/status/860728458212724736
from David Tooley
excellencia retweeted: The latest Boardroom Daily! ln.is/paper.li/d8VK5 Thanks to @talent4boards @AmConfDiversity #boardofdirectors #corpgov
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excellencia retweeted:
The latest Boardroom Daily! ln.is/paper.li/d8VK5 Thanks to @talent4boards @AmConfDiversity #boardofdirectors #corpgov
May 06, 2017 at 10:35AM
https://twitter.com/excellencia_ltd/status/860728359483060228
from excellencia
WholeBoardDevelopmnt retweeted: Agency versus Hold-up: Benefits and Costs of Shareholder Rights (paper) via @ecgiorg #ActivistInvestor #CorpGov https://t.co/OqpjuRBY61
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WholeBoardDevelopmnt retweeted:
Agency versus Hold-up: Benefits and Costs of Shareholder Rights (paper) via @ecgiorg #ActivistInvestor #CorpGov https://t.co/OqpjuRBY61
May 06, 2017 at 10:35AM
https://twitter.com/WholeBoardDev/status/860728307691778048
from WholeBoardDevelopmnt
Agency versus Hold-up: Benefits and Costs of Shareholder Rights (paper) via @ecgiorg #ActivistInvestor #CorpGov ecgi.global/sites/default/…
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Agency versus Hold-up: Benefits and Costs of Shareholder Rights (paper) via @ecgiorg #ActivistInvestor #CorpGov ecgi.global/sites/default/…
May 06, 2017 at 10:35AM
https://twitter.com/TTFacer/status/860727377072054273
from Tim Facer
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