A blatant slur on executive directors' integrity

Article Abstract:

The Cadbury report was criticized for its attempt to cover up the failures of people and institutions in the area of corporate governance. The report's censure of the executive director had no basis, when every corporate scandal which resulted in the need for the report was composed on non-executive directors. This in turn, also raised questions ofwhy the report placed non-executive directors in a very positive light. The report's suggestion that renumeration committees are essential for good corporate governance was also observed to be in keeping with the perception theexecutive directors were unable to make decisions. In addition, the Institute'sacceptance of the report was seen as an indication that its members were not capable of fulfilling their responsibilities. Moreover, the Institution seemed to have forgotten about 50% of its members who aim for executive directorships.

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Where does all the money go?

Article Abstract:

Increasing turnover and profitability could hinder the efficiency of an organization's operations. A different approach to performance management and reporting is highly required and finance functions should be the vital business partners of operational managers in order to improve profitability.

Venture Analysis, Economic aspects, Business enterprises

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Forget the boxes

Article Abstract:

The need for companies to adopt practices other than the usual narrative reporting to reflect their performance and value is presented.

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