Corporate governance still not top of the agenda
Richard Breeden, the former chairman of the Securities and Exchange Commission, has made the recommendations to avoid future failures such as those that happened at WorldCom.
Breeden, who was appointed by the courts to monitor WorldCom’s bankruptcy and overhaul corporate governance, recommends that all members of the board apart from the chairman and chief executive should be independent. It is also touting the creation of a non-executive chairman role to sit alongside the chairman.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements