News

The median CEO makes 127 times more money than the median employee

25 May

Chief executives at S&P 500 companies make about 127 times what their median employee takes home, according to new data taken from about half of S&P 500 companies. This year for the first time, companies are disclosing these numbers, in (...)

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Breaking Bad to the Paradise Papers: all you need to know about money laundering

22 May

What is money laundering? In British law, money laundering is defined as the process of concealing, disguising, converting, transferring or removing criminal property. It is an offence to launder your own ill-gotten gains, but you can also (...)

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Subramanian Swamy pitches for abolition of income tax

18 May

BJP MP Subramanian Swamy today pitched for abolition of Income Tax to ease the burden on the middle class and promote higher economic growth in the country. He said it is essentially the middle class and young generation of startup (...)

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Chinese insurer Anbang’s ex-boss jailed 18 years for fraud

15 May

Court also ordered seizure of 10.5b yuan worth of his property and suspension of his political rights for 4 years. A CHINESE court jailed the former high-flying head of troubled Anbang Insurance Group for 18 years on Thursday for defrauding (...)

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Why the ’inclusive micro-franchise’ could be significant for start-up businesses

11 May

It can be a fully daunting challenge for someone starting their own business. But a new business concept is being introduced in France that may prove highly effective for budding entrepreneurs. It’s already created hundreds of jobs across the (...)

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Chinese tech giants, government under fire for ’men only’ job ads

8 May

BEIJING (Reuters) - Top Chinese tech firms and some government departments have been singled out in a report that says discriminatory hiring practices based on gender are widespread in China and are linked to a shrinking proportion of women in (...)

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Britain, headquarters of fraud by Oliver Bullough

4 May

Officials get fed up with accusations that Britain is a cesspool of dirty money; that they do too little to check the wealth hidden behind shell corporations. They grouse among themselves that their critics overlook the work they’re doing to (...)

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Steinhoff’s board behaved badly. Why it needs to be held to account

2 May

It’s becoming clearer by the day that the rot that caused the corporate scandal at furniture retailing giant Steinhoff International goes much deeper than one man – the CEO Markus Jooste – who has come to represent the crisis. The company is (...)

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Companies targeted over gender balance

27 April

One of Britain’s biggest share owners has stepped up the pressure on UK boardrooms when it comes to pay, diversity and sustainability. Legal and General Investment Management - which manages nearly £1 trillion worth of assets - voted against (...)

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Ideas from Kara M. Stein’s (US Securities and Exchange Commissioner) speech on mutualism in modern corporate governance

24 April

“Mutualism: Reimagining the Role of Shareholders in Modern Corporate Governance” Remarks at Stanford University So, I thought I would start off our discussion tonight by talking a bit about the science of “mutualism.” For those of you not (...)

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Very few women oversee US companies. Here’s how to change that

20 April

Women’s participation in the labor force has soared over the past 50 years, rising from 32 percent in 1948 to 56.7 percent as of January. Yet those gains have not translated into the U.S. corporate boardroom, where women held just 16.6 percent (...)

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Netflix sued over allegations of ’rigged’ bonus payments to top executives

18 April

Virtus Global Center for Corporate Governance is starting an initiative of informing our international network about the relevant news and developments of corporate governance practices. With this initiative, we aim to help academics in our (...)

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International Conference Izmir, Turkey, October 11, 2018

17 April

We are delighted to announce that this fall an international conference dedicated to the topic of Corporate Governance will be organized by Virtus Global Center for Corporate Governance in cooperation with Yasar University in Izmir, Turkey. (...)

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Conference in Rome: Report

16 March

We are glad to present the report from our International conference "CORPORATE GOVERNANCE, OWNERSHIP AND CONTROL" that took place in Rome on February 27, 2018. The conference report contains a short overview of the presentations in the (...)

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Associated Partnership with EMLE (European Master in Law & Economics)

10 March

We are glad to announce the involvement of Virtus Global Center of Corporate Governance as Associate Partner of the European Master in Law & Economics (EMLE) Consortium. EMLE provides an experience lauded as “an outstanding educational (...)

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