Governance and risk

Four ways to bridge the gap between boards and executives

Directors get much of their information from chief executives, who may be inclined to downplay risks when addressing the board members who hire them and manage their salaries. This can lead to an “effectiveness gap” that can prevent board members from having a true understanding of a company.

Rising transfer-pricing scrutiny dials up risk

Governments, particularly those in emerging economies, have stepped up scrutiny of transfer-pricing practices and enforcement of transfer-pricing rules in the past three years, research by EY suggests. But companies can prepare for more examinations and avoid penalties.

Five risky areas in mobile banking

Mobile banking offers convenience to consumers but also has created concerns about fraud, data security and privacy. Regulators have taken notice of the potential risks and rewards, and have offered some direction to companies and consumers.

Seven key factors short-circuit supply-chain risks

Six Nissan production facilities and 50 of its critical suppliers suffered damage in Japan’s 2011 earthquake and tsunami. But Nissan ended 2011 with a 9.3% increase in production. Find out how, and learn about factors that can help companies minimize the impact of supply chain disruptions.

One-to-One: How a failure to innovate breeds risks

CIMA Chief Executive Charles Tilley visits with Infosys board member V. Balakrishnan, who offers insight on the value of people, the evolution of corporate reporting, and balancing risk and innovation. “Whatever you try to do, you must try to move up the value chain and become a premium player in the industry,” he says.

Three steps to safeguard against corruption

Regulators worldwide have stepped up enforcement of anti-corruption laws, especially as more and more companies of all sizes have invested in doing business abroad. Find out how to reduce your risk of corruption and bribery by employees or third parties.

Corruption and business risk on the rise worldwide

Corruption is most likely in developing economies, but developed economies in North Americas and Europe experience their share, too, a global survey found. Also, respondents in 80 of the 107 participating countries felt corruption was on the rise.

15 policies for sound not-for-profit governance

Not-for-profits often are reluctant or unable to devote sufficient time and resources to governance procedures and policies because of the demands of mission-critical work. But good governance can be the foundation that saves the mission from fraud or jeopardy.
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