Corporate governance is about who controls corporations and why. In the United States, the legal ‘‘who’’ is the owners of the corporation’s common stock—the shareholders. However, the reality—even the legal reality—is much more complicated, and the ‘‘why’’ is to be found in historic American concerns about the connections between ownership, social responsibility, economic progress, and the role of markets in fostering a stable pluralistic democracy.
Demand expression varies by the kind of goods or services being
delivered. Water supply and latrines are an example of essentially
private goods, goods that are individually used and for which indi-
vidual users can express and realize a willingness to pay. Public
choices are more complicated with respect to public goods such as
schools or rural roads; a differentiated strategy for eliciting demand,
depending on the kind of subproject that is being produced, is needed.
This paper studies performance effects of appointing other firms' executive directors
to corporate boards in the UK. Consistent with the explicit advantages associated
with non-executive directors, as set out in the various UK corporate governance
codes, our basic hypothesis maintains that, in the presence of director fixed effects,
the appointment of an executive director as non-executive director will have a
positive impact on the appointing company‟s performance.
For the purpose of this review, green bonds are broadly defined as fixed-income debt securities issued
(by governments, multi-national banks or corporations) in order to raise the necessary capital for a project
which contributes to a low carbon, climate resilient economy. To date, these have been issued
predominantly as AAA-rated securities by the World Bank and other development banks and some other
entities in order to raise capital specifically for climate change and green growth related projects.
Once you’ve saved money for investing, consider carefully all
your options and think about what diversification strategy makes
sense for you. While the SEC cannot recommend any particular
investment product, you should know that a vast array of invest-
ment products exists—including stocks and stock mutual funds,
corporate and municipal bonds, bond mutual funds, certificates
of deposit, money market funds, and U.S. Treasury securities.
Diversification can’t guarantee that your investments won’t
suffer if the market drops.
Not shown in Fig. 1 are some elements of the network that complicate security efforts.
There may be a corporate firewall or network address translation (NAT) features that will
require communication between the building services staff and IT staff, but will also
provide greater protection against IT threats. There may be other external connections
from a trusted network that bypass the SR, i.e. a modem connection. Also not shown are
physical security implementation details.
For two decades now, executives have witnessed an explosion of managementtools, ranging from Knowledge Management to Strategic Alliances. That burstwas fueled by their need to successfully navigate an increasingly competitivemarketplace. With operations spanning the globe, companies have become morecomplex, adding to the challenging decisions corporate leaders face. Fortunately,they now have an expanded toolset at their fingertips, thanks to the emergenceof faster, less expensive information delivery systems.
When interest rates fall steadily and continuously, corporations may be able to save money by refunding their
existing bond issues. According to Boyce and Kalotay , the accepted wisdom is to refund a bond issue when interest
rates fall 1% below the coupon rate on the existing bond. However, the refunding decision is in reality a complicated
The Web has become the visible interface of the Internet
Many corporations now use the Web for advertising, marketing and sales
Web servers might be easy to use but…
Complicated to configure correctly and difficult to build without security flaws
They can serve as a security hole by which an adversary might be able to access other data and computer systems
Mister Henderson called me into his office my third day back in Tangiers. That was a day and a half later than I'd expected. Roving claims investigators for Tangiers Mutual Insurance Corporation don't usually get to spend more than thirty-six consecutive hours at home base. Henderson was jovial but stern. That meant he was happy with the job I'd just completed, and that he was pretty sure I'd find some crooked shenanigans on this next assignment. That didn't please me. I'm basically a plain-living type, and I hate complications. I almost wished for a second there that I was back...