This paper rethinks how financial regulators should design stress tests. Rather than treating stress testing as a pass/fail assessment, the authors show it should be viewed as an exercise in information gathering. Designing Risk Scenarios was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.| Alpha Architect
Rather than streamlining oversight, overlapping mandates between regulatory agencies create confusion, redundancy, and sometimes outright inconsistency. Regulatory fragmentation drags down efficiency. was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.| Alpha Architect
Between reflation and redistribution over the past decade, Japan has witnessed two major attempts to escape the grip of economic stagnation and demographic decline. These attempts materialized in two opposing macroeconomic paradigms under Prime Ministers Shinzo Abe and Fumio Kishida. Abe’s Abenomics (2012–2020) was a bold experiment aimed at reflating the Japanese economy through coordinated… Continue reading Abe and Kishida: The Two Contrasting Visions for Japan’s Political Economy T...| Fair Observer
The High Pay Centre's annual review of CEO pay in the FTSE 100 shows median CEO pay jumping from £4.29m to £4.58m in 2024/2025 The post CEO pay in the FTSE 100 reaches record high for the third year in a row appeared first on High Pay Centre.| High Pay Centre
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed attorney and HR consultant Hessam Parzivand. Parzivand is a regular on the Price of Business show. On a recent Price of Business show, Host Kevin Price visited with attorney Hessam Parzivand. At a Coldplay concert, Andy Byron, then-CEO of tech firm Astronomer, and Kristin Cabot, […] The post Coldplay Concert Incident Raises Questions on Executive Conduct Policies appeared first on The Pulse of t...| The Pulse of the News
The articles will show the rights and obligations attached to each share. Find out more.| LegalVision UK
In a significant decision, the California Supreme Court clarified that forum-selection clauses included in corporate charter documents are not unenforceable simply because the designated forum, such as the Delaware Court of Chancery, does not provide the right to a jury trial. The Court drew a clear distinction between predispute jury trial waivers and forum selection […]| Cooley PubCo
This year’s proxy season brought fewer shareholder proposals but governance proposals continued to be submitted in high numbers and received robust support. Environmental and social proposals, on t…| Cooley PubCo
By Steven Minsky, CEO of LogicManager Your Content Goes Here Lately, a growing number of executives have asked me how to prepare for global currency shifts — and specifically, de-dollarization. The concern isn’t new, but it’s gaining urgency—currency fluctuations, vendor instability, procurement changes—so they want to know: What should [...]| ERM Software
If you ask almost any chief audit executive (CAE) whether they have the full support of their audit committee, the answer will almost always be “yes.” But experience tells us that this support is sometimes conditional — firm when the stakes are low, but fragile when the stakes are high. Audit committees rarely hesitate to back us on the easy issues: approving changes to the audit plan or charter or even supporting resource requests. But when it comes to the toughest conversations — pa...| Audit Beacon
Compliance exec at bank claims termination for investigating Alessandro DiNello’s suspicious payments.| The Real Deal
COSO has abruptly yanked its draft framework for corporate governance, mysteriously citing the recently passed megabill as the reason. Weird.| Radical Compliance
Subscribe I have ended up taking a lot longer to write up my biggest picture thoughts on the dollar than I initially expected. Partially this is because things seem to have stabilized- for now- and thus I didn’t feel the pressure to rush a piece out. Just yesterday China| Notes on the Crises
Elon Musk’s replacement is busy with mass deportation, while simultaneously running an investment firm managing public union pension funds.| The American Prospect
Christina M. Sautter writes that the passage of Senate Bill 21, which rebalances power away from shareholders to corporate management, represents a 150-year-long development in corporate law spurred by regulatory capture that has removed countless restrictions on firm behavior.| ProMarket
Increased executive effort correlates with positive earnings surprises, higher cumulative abnormal returns post-earnings announcements, and narrower credit default swap spreads. Moreover, portfolios constructed based on changes in executive effort demonstrate significant risk-adjusted returns, underscoring the tangible value of diligent leadership.| Alpha Architect
Warner Bros. Discovery announced yesterday it will split into two separate companies, following Comcast’s similar move to spin off its cable networks into a new entity called Versant. (Laugh all you want at Versant’s name, it’s better than Tronc or Monday.) To those who haven’t followed the sector’s challenges, the Warners and Comcast decisions might ... Warner Bros Discovery: We Have Another SpinCo The post Warner Bros Discovery: We Have Another SpinCo appeared first on Truth on th...| Truth on the Market
The Trump administration has issued four new executive orders aimed at reviving and expanding the US nuclear energy sector, coming on top of numerous other executive orders marking a sweeping rever…| Cooley PubCo
I describe a threat model by which AI R&D capabilities could cause harm, a specific capability threshold at which this risk becomes unacceptable, early warning signs for detecting that threshold, and the protective measures needed to continue development safely past that threshold. I recommend that labs start measuring for the warning signs today. If they observe them, they should pause AI development unless they have implemented the protective measures.| Forethought
This talk, entitled “Monetary Sovereigns, Monetary Subjects and Monetary Vassals: A Spectrum Approach to Monetary Sovereignty and Our Dollar World”, lays out the basic building blocks of how I think about the international monetary order.| Notes on the Crises
Learn how to apply Separation of Duty to reduce risk, prevent fraud, and build stronger governance in this on-demand webinar with actionable tips and tools.| ERM Software
Controversial Delaware SB 21 was signed into law last evening after passage yesterday by the legislature. According to this Statement from the office of Delaware Governor Matt Meyer, the Governor has “signed Senate Bill 21 into law, thanking lawmakers for the swift passage of this critical update to Delaware’s corporate law, aimed at ensuring the state remains the premier home for U.S. and global businesses. The legislation, developed in collaboration with corporate leaders and legal ex...| Cooley PubCo
As widely reported, the Delaware legislature has responded to increasing chatter and speculation about the intentions of some companies—as well as action in some cases—to change their states of incorporation from Delaware to other states by proposing new legislation, Senate Bill 21. That proposed bill would offer a process for boards to invoke safe harbor protection from litigation over potentially conflicted transactions for directors and controlling stockholders. The bill would also add...| Cooley PubCo
In this new paper from the Rock Center for Corporate Governance at Stanford, The Artificially Intelligent Boardroom, the authors discuss the potential impact of artificial intelligence on boardroom…| Cooley PubCo
In this new press release, Filer Transition to New and Improved EDGAR Begins March 24, the SEC provides references and links to “extensive guidance and resources” available to assist filers with EDGAR Next. According to the press release, the new EDGAR Filer Management dashboard will go live on March 24 on the SEC’s website, and filers can begin enrolling in “EDGAR Next.” Enrollment in EDGAR Next will remain open until December 19, 2025; however, to avoid interruption, the SEC adv...| Cooley PubCo
Is “-washing” the securities fraud equivalent of “-gate” for political scandals? First we had greenwashing, then diversity-washing, and now we have AI-washing—a topic that, as discussed in the Side…| Cooley PubCo
This week, SEC Commissioner Hester Peirce delivered the keynote address at the Northwestern Securities Regulation Institute in San Diego. Her theme: that public companies are “confronting a symptom…| Cooley PubCo
In October last year, the NYSE proposed, like Nasdaq, to take on the challenge of repeated reverse stock splits by limiting the circumstances under which a listed company could use a reverse stock …| Cooley PubCo
In her iconic book, Extraordinary Circumstances, former WorldCom chief audit executive (CAE) Cynthia Cooper recounts her challenge of bringing to the audit committee’s attention more than […]| Audit Beacon
This article from Morningstar published on the Harvard Law School Forum on Corporate Governance examines three major trends of the 2024 proxy season regarding environmental, social and governance s…| Cooley PubCo
In diesem zweiten Ratgeber zum Thema Unternehmensrecht geht es unter anderem um Unternehmensführung und Corporate Governance.| UnternehmerJournal.de
This Finance survey examines (a) Public companies that pursue social and environmental initiatives bear no measurable costs (in terms of lower profits) relative to similar companies that do not pursue such initiatives; (b) Public companies that pursue social and environmental initiatives benefit from a measurably lower cost of capital than similar companies that do not […]| Clark Center Forum
Dan Davies, The Unaccountability Machine: How Systems Make Terrible Decisions and How the World Lost Its Mind Profile Books, £22.00 by Michael Pollak why Hayek was wrong Here is what mainstream eco…| LBO News from Doug Henwood
What’s the latest on SB 313, the proposed amendments to the Delaware General Corporation Law largely designed to address the outcome of the decision in West Palm Beach Firefighters’ Pension Fund v.…| Cooley PubCo
Controversy notwithstanding, the proposed amendments to the Delaware General Corporation Law in Senate Bill 313 have reportedly “sailed through” the Delaware Senate and are scheduled to move to the…| Cooley PubCo
As you know, the Nasdaq board diversity disclosure requirements might be in jeopardy at the moment, as we await the decision of the en banc Fifth Circuit following oral argument in Alliance for Fai…| Cooley PubCo
Last month, this PubCo post discussed the recent controversy over proposed amendments to the Delaware General Corporation Law. As noted in the post, the Council of the Corporation Law Section of t…| Cooley PubCo
Hostage action: staff and passengers taken hostage during the Gulf War are launching a legal case against the government and British Airways.| Personnel Today
Discover the pivotal changes to the Bahamas Companies Act with the Companies Amendment Act 2020. We provide expert insights! Highly recommended!| Capital Law Associates
Find out how to properly file a VAT return for NPOs and Bahamian domestic companies. Learn how to renew a business license. Check out and read now!| Capital Law Associates
We invite you to read the second part of the information on reporting obligations for companies under Bahamian law. Check it out and stay up to date!| Capital Law Associates
We invite you to read an article on reporting obligations for companies under Bahamian law. You will learn the necessary legal information from it.| Capital Law Associates
Learn about mandatory registration of non-profit organizations with the Registrar-General's Department to avoid business restrictions and potential fines.| Capital Law Associates
Modernizing Client Trust Accounts: using bitcoin’s features to protect clients and lawyers| Empowered Law
Download a PDF of this article here: Default Law: Arial 11 isn’t your only option| Empowered Law
Download “Bitcoin Multi-Signature Account Operating Manual” as a PDF| Empowered Law