Global antitrust risk is emerging as a critical issue for boards of companies with international operations. Alan Wiseman, Howrey’s co-chair of the Antitrust Practice Group, educates multinational directors on the recent changes in foreign practices and what action boards should be taking today.
China is the future. The fate of the world economy is inexorably linked to this emerging superpower. With an annual growth rate for the past quarter century of nearly 10%, China is the white-hot cauldron fueling global business growth. Yet despite the worldwide attention, a glaring blind spot remains: How do Chinese corporate boards operate? For more than a year, Heidrick & Struggles and Fudan University investigated how corporate boards in China are composed, how they make decisions, and how they are expected to change in this dynamic environment.
Alan Alpert, senior partner, M&A Transaction Services, Deloitte Tax LLP, discusses the latest developments in the global M&A marketplace and how they are changing acquisition strategies in today's boardrooms.
Companies sourcing from China are reaping huge benefits but also encountering increasingly tough challenges, both internal and external. A recent Boston Consulting Group study reveals the nature of the challenges and summarizes 10 key practices that separate the most effective China sourcing offices from their peers.
The world is getting smaller. Countries where a company might never have considered operating are becoming more open and accessible. If U.S.-based multinationals are to thrive in an expanding global marketplace, it must be on the terms laid down by the laws and customs of their domicile, which means operating by U.S. rules. This article from FTI Consulting explains why it is important that corporate leaders enact tighter controls on their foreign entities’ financial practices.
China is fast becoming the biggest growth engine for many Western companies. It is also posing significant new risks as companies invest more heavily in China's markets or increase reliance on China sourcing. For these reasons, corporate boards should take a more proactive role in monitoring their China strategy. In this roundtable discussion, corporate directors reveal the ways their companies are moving China issues into the boardroom. The discussion, hosted by Global Navigation and Deloitte Chinese Services Group, ranges from best practices for director education on China to how to best monitor and manage enterprise risk.
This quarterly journal published by the China Practice Group at Baker & McKenzie, focuses on new Chinese laws and regulations. This edition features articles such as the “China Tax Scene,” “New Arrangement to Enforce Hong Kong Judgements in China,” and “New Regulations on the Administration of Foreign-Funded Banks.”
Compliance has become a fact of life now for the boards of most organizations. Emphasis has shifted towards performance, as greater transparency poses questions about the contribution of board members. This fifth edition of the biennial Heidrick & Struggles corporate governance report provides a uniquely comprehensive overview of European boards.
Asia’s markets have maintained steady growth in the last year, driven by a healthy business climate and the ongoing effects of globalization. However, with this growth comes a stark increase in the demand for good people. It comes as little surprise that Hewitt’s Asia-Pacific Salary Increase Survey 2006, featured in the
Hewitt Quarterly Asia-Pacific, revealed further salary increases in the region.
China’s 1.3 billion consumers are at a crossroads. They are embracing new economic ideas and habits and devouring goods that have long been unavailable, unaffordable, or forbidden. At the same time, they are part of a culture and an economic system that remain quite different from those of developed countries. In this special report, experts from Wharton and Boston Consulting Group offer insights on how Chinese consumers are evolving as the market develops.
In today’s highly competitive global marketplace, it is not surprising that many companies are seeking to add international directors, particularly in those markets that align with their corporate strategy. However, a recent Spencer Stuart survey of boards found that international directors remain a small minority on the boards of leading companies.
Copyright (c) 2007. Esaress Holding Ltd. d/b/a Spencer Stuart
Women are finally starting to arrive in China’s male-dominated executive suites as companies in China seek to benefit from diversity. Despite their heady growth, the executive suites of multinational corporations that have entered China in the last 15 years hold far more men than women. In the last year, however, these corporations have woken up to the need for diversity and are trying to fill key China posts with women, according to this report from Heidrick & Struggles.
Over the past decade, the global corporate governance landscape has changed dramatically. Every capitalist economy has been through a period of self-examination resulting in either new legislation or a best practice code. The third edition of the Spencer Stuart Governance Lexicon helps board directors understand major governance issues and navigate through the intricacies of international codes and regulations.
Copyright (c) 2007. Esaress Holding Ltd. d/b/a Spencer Stuart
Would your company benefit from a corporate performance management system? What's the best way to choose the right system for your company? The following steps from RSM McGladrey outline the best path to follow when evaluating whether a CPM system is right for you.
In recent months, South Korea's stock market has been witnessing a small but innovative experiment. The Korea Corporate Governance Fund, which was established last April, has since August disclosed a part of its shareholdings, in order to meet regulations. Whether the fund has a capacity and means to identify and fix corporate governance problems is still to be proven, according to this article from www.FT.com.
