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Showing posts with label 2017 at 10:51PM. Show all posts
Showing posts with label 2017 at 10:51PM. Show all posts
Thursday, July 13, 2017
Saturday, June 10, 2017
Always-On risk and strategy management
I like the idea of “always-on” strategy and performance management, as discussed in a piece by members of the BCG consulting firm. Always-On Strategy hardly mentions the word “risk”, but it’s there in a major way. Consider this: To increase the odds of success in today’s turbulent environment, leading companies are complementing their annual strategy-setting […]
June 10, 2017 at 10:46PM
from Norman Marks
The Effects of Bank Mergers on Corporate Information Disclosure
Publication date: Available online 10 June 2017
Source:Journal of Accounting and Economics
Author(s): Qi Chen, Rahul Vashishtha
Applying a difference-in-differences approach to explore variations in the timing of bank mergers in the U.S. over the last two decades, we document an increase in borrowers’ disclosure when their banks engage in mergers and acquisitions. The effect is stronger among borrowers more reliant on services from the merging banks and when mergers cause larger changes in banks’ monitoring and financing of borrowers. These findings suggest an information spillover effect from bank mergers to the public financial markets, and have implications for how changes in banking markets affect the availability of public disclosure in the stock markets.
June 10, 2017 at 10:38PM
from
Private Lenders’ Demand for Audit
Publication date: Available online 9 June 2017
Source:Journal of Accounting and Economics
Author(s): Richard M. Baylis, Peter Burnap, Mark A. Clatworthy, Mahmoud A. Gad, Christopher K.M. Pong
We study clauses in private lending agreements requiring auditors to assure lenders of borrowers’ compliance with financial covenants.Auditors are required under general purpose financial reporting to review covenant compliance. However, by informing lenders directly that they have no knowledge of default, auditors may increase their litigation risk. We find that auditor covenant compliance assurance clauses are significantly associated with more complex contractual adjustments to net income, the extent of reliance on accounting information in the contract, intangibility of borrowers’ assets, the number of lenders and loan maturity. We provide novel evidence of the audit market enhancing efficient contracting.
June 10, 2017 at 10:38PM
from
Monday, June 5, 2017
Court curbs SEC’s power to force repayment of illegal profits
http://ift.tt/eA8V8J
Unanimous decision sets five-year time limit for ‘disgorgement’ cases
June 05, 2017 at 10:48PM
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Novo Banco bondholders challenge planned sale to Lone Star
http://ift.tt/eA8V8J
Pimco-led group offers to buy bank from Portuguese resolution fund instead
June 05, 2017 at 10:48PM
from
On topic: Tech news to know now
Here’s what’s going on in tech.
Social media companies under increased pressure amid terrorist attacks. The companies say again that they’re doing what they can to fight terrorism on their platforms. (BBC, Reuters)
Leaked Elon Musk emails:
- Musk wants every injury at Tesla to be reported directly to him. (Business Insider)
- Musk told employees they must be hardcore to fight “Tesla killers.” (Electrek)
As her reign as Yahoo’s CEO winds down, a look at Marissa Mayer’s compensation, which amounted to $900,000 a week. (NYT)
Court documents: Apple staff in Australia misled iPhone customers about whether they were entitled to replacements. (Guardian)
Tesla-Toyota partnership formally over: Toyota says it sold its stake in Tesla last year. (WSJ)
SpaceX launches first recycled supply ship. (Space.com)
Harvard rescinds acceptance letters for at least 10 students who exchanged obscene and racist memes in a private group chat. (Harvard Crimson)
Supreme Court agrees to hear case about whether police officers can access past cellphone location information kept by wireless providers without a warrant. (Reuters)
IBM announces breakthrough that could sustain Moore’s Law. (Fortune)
In response to Donald Trump’s decision to withdraw from Paris climate agreement, Meg Whitman and Tony Fadell match donations to the Environmental Defense Fund. (Recode)
Photo: SpaceX’s first-ever recycled spaceship arrived June 5, 2017 at the International Space Station, two days after the unmanned Dragon cargo capsule launched atop a Falcon 9 rocket from Cape Canaveral, Florida. (NASA TV via AFP/Getty Images)
June 05, 2017 at 10:37PM
from Levi Sumagaysay
Saturday, June 3, 2017
This Law Lets Abused Animals Get Their Own Advocates In Court
A recently passed law in Connecticut allows judges to appoint official legal advocates for abused animals — similar to the widespread process of courts appointing advocates for human children.
“Every state has the problem of overburdened courts that understandably prioritize human cases over animal cases in allocating resources,” University of Connecticut law professor and animal law expert Jessica Rubin told the Associated Press. “Here’s a way to help.”
Rubin is one of eight people in Connecticut who have been approved as legal advocates for animals. All of the advocates are volunteers, and it’s up to an individual judge to decide whether to appoint an animal legal advocate in any given case. Advocates are able to interview witnesses and experts, write briefs and make recommendations to a judge.
The legislation has been in place for six months, but the AP published an extensive report on the law Friday. Though judges have appointed advocates in five cases so far, this week was the first time that an advocate testified in court. UConn law student Taylor Hansen spoke on behalf of three pit bulls involved in a dogfighting case.
The legislation is called “Desmond’s Law” in memory of a dog named Desmond who was beaten, starved and strangled to death in 2012, according to the local Hartford Courant. The defendant received accelerated rehabilitation, meaning that the conviction was expunged from his record. Proponents of the law say it can help prevent animal abusers from just getting a slap on the wrist.
Rubin told the newspaper that Desmond’s Law is the first of its kind in the United States.
The law appears to be part of a trend of the legal world taking animal welfare more seriously. In January, Alaska passed a law requiring judges to take the well-being of pets into consideration when ruling on divorce cases. While judges across the U.S. obviously have the ability to consider animal welfare in divorce cases — and many judges do — Alaska was the first state to pass a law requiring them to do so.
And in 2016, the FBI began tracking data on animal cruelty crimes the same way it collects data on homicide, arson and assault.
Law schools are also offering more courses in animal law, according to the Animal Legal Defense Fund. The animal rights group states that the number of U.S. schools offering animal law classes has grown from only nine law schools in 2000, to 151 law schools in 2015.
— This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.
June 03, 2017 at 10:47PM
from Hilary Hanson
Saturday, May 27, 2017
Adani Power’s consolidated Q4 net loss at Rs 4,960.53 crore
http://ift.tt/2qZBHaa
May 27, 2017 at 10:19PM
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EPFO gives nod to hike in stock investment to 15 per cent
http://ift.tt/2s1lpfr
May 27, 2017 at 10:19PM
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Reliance Communications’ Q4 net loss widens sharply, posts 1st ever annual loss as Jio free offers hurt
http://ift.tt/2rsr7tS
May 27, 2017 at 10:19PM
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Adani Power’s consolidated Q4 net loss at Rs 4,960.53 crore
http://ift.tt/2qZBHaa
May 27, 2017 at 10:14PM
from
EPFO gives nod to hike in stock investment to 15 per cent
http://ift.tt/2s1lpfr
May 27, 2017 at 10:14PM
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Reliance Communications’ Q4 net loss widens sharply, posts 1st ever annual loss as Jio free offers hurt
http://ift.tt/2rsr7tS
May 27, 2017 at 10:14PM
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Monday, May 22, 2017
XL Catlin Appoints Steven Bauman to lead Global Insurance Programs And Captive Practice in North America
May 22, 2017 at 10:50PM
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Neelofar Hameed retweeted: The latest The Corporate Governance Daily! http://ift.tt/1NYyvBH Thanks to @JF_Rerolle @governancabrja @venturesamb #corpgov
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Neelofar Hameed retweeted:
The latest The Corporate Governance Daily! http://ift.tt/1NYyvBH Thanks to @JF_Rerolle @governancabrja @venturesamb #corpgov
May 22, 2017 at 10:39PM
https://twitter.com/neelkhan24/status/866709406666371072
from Neelofar Hameed
EMED Partners with Global Pharma Leaders in New FDA 510(k) Clearance
May 22, 2017 at 10:50PM
from
Cyber-FORUM Assesses Threats To Electronic Payments System in Transaction Alley
http://ift.tt/eA8V8J
ATLANTA, May 22, 2017 /PRNewswire-USNewswire/ — Just days after history’s largest cyber-attack disrupted business worldwide and a new executive order from President Trump lent special urgency to the work of protecting the cybersecurity of federal networks and critical infrastructure,…
May 22, 2017 at 10:50PM
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