Latest Corporate governance News

Who's behind voting-machine makers? Money of unclear origins

Jul. 12, 2019 3:34 PM EDT

RALEIGH, N.C. (AP) — The voting-machine makers that aim to sell their systems in North Carolina are largely owned by private equity firms that don't disclose their investors. The companies didn't want the public to know even that much. North Carolina's statewide elections board demanded the machine-makers'...

Jay-Z's companies sue NYC licensing company for fraud

Jul. 5, 2019 12:53 PM EDT

NEW YORK (AP) — Jay-Z's business entities sued a New York City licensing firm, claiming it cheated the companies as part of a "colossal accounting scandal." The lawsuit accuses Iconix Brand Group Inc. of lying about its finances when it made deals with the rapper's Roc Nation apparel company. There was no...

Ivanka Trump, Kushner took in as much as $135M last year

Jun. 14, 2019 10:25 PM EDT

NEW YORK (AP) — Ivanka Trump and Jared Kushner took in as much as $135 million in revenue during their second year as aides to President Donald Trump, generated from their vast real estate holdings, stocks and bonds and even a book deal, according to their financial disclosures released Friday. Ivanka...

Proxy companies advise shareholders against Nissan's Saikawa

Jun. 12, 2019 4:48 AM EDT

TOKYO (AP) — Two investor research companies are advising Nissan shareholders to turn down a proposal to reappoint the automaker's chief executive, Hiroto Saikawa, as a board director, citing possible oversight problems at the Japanese automaker after the arrest of his predecessor Carlos Ghosn. A corporate...

Nissan slams Renault abstention on governance efforts vote

Jun. 10, 2019 8:26 AM EDT

TOKYO (AP) — Nissan chief executive Hiroto Saikawa criticized the Japanese automaker's French alliance partner, Renault, on Monday for trying to block changes to strengthen corporate governance following the arrest of former Nissan Chairman Carlos Ghosn. Nissan received a letter from Renault saying it...

Renault's FCA merger move leaves partner Nissan in the cold

Jun. 4, 2019 1:51 PM EDT

TOKYO (AP) — Some Japanese are using an old expression to describe how Nissan was left out of talks that led to the proposed merger between its French alliance partner Renault and Fiat Chrysler Automobiles: "kaya no soto." That translates to "outside the mosquito net," or the unlucky person outside the...