By Dominic Jones | Published: September 22, 2006 | 
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News Digest for September 22, 2006
There are 5 items today… Canadian Social Investment Organization Recommends Mandating Global Reporting Initiative | Who needs a board of directors, anyway? | Largest Web 2.0 deals involve Silicon Valley firms, startups | Share buy-backs
Canadian Social Investment Organization Recommends Mandating Global Reporting Initiative
“We have a Conservative government, but I don’t believe that they are opposed to CSR initiatives, and I believe the Roundtable recommendations will get support from the other parties,” added Mr. Ellmen. “So it won’t happen right away but I believe that in two years or so this could very well be public policy in Canada.”
Who needs a board of directors, anyway?
The problem is that the historical purposes for which boards evolved no longer apply, and the task they are now expected to fill–that of vigilant monitors of CEO pay and performance–is one for which they are ill-suited. So why don’t we abolish the institution? Perhaps because the two main alternatives just seem so weird.
Skype backer takes on ETrade with free trades
Zecco, in company’s own words is at “the intersection where online brokerage meets Yahoo Finance and Myspace,” and offers tools such as free blogging, forums etc.
Largest Web 2.0 deals involve Silicon Valley firms, startups
The newest wave of Internet start-ups, dubbed Web 2.0, are gaining momentum at a substantial pace in the U.S. venture capital market, according to a study released Thursday.
Share buy-backs
Once considered rather exotic, share buy-backs have become an established means of returning cash to shareholders. S o much so that the last 18 months have seen companies around the world announce programmes worth over $500bn, according to M cKinsey & Co research.
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- News Digest for December 15, 2006
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