Technology & social media Archive

Dec 15, 2017
The week in GRC: FCC net neutrality vote faces legal challenge, and Icahn said to eye Xerox board tussle
– Bloomberg reported that the UK government reversed a campaign pledge to disband the Serious Fraud Office (SFO), with the white-collar prosecutor remaining independent under the government’s newest plans for tackling economic crime. The National Crime Agency, which the government had signaled would subsume the SFO, will instead be given greater powers to dire...
Read more
Dec 07, 2017
Online engagement: Estée Lauder releases shoppable annual report
The cosmetics company Estée Lauder has launched a shoppable annual report, giving shareholders and analysts insight into new and different e-commerce platforms – and perhaps saving them time on their Christmas shopping. Visitors to the new digital annual report, which was launched in September this year, can view video profiles of the company management, watch a video that illustrates ...
Read more
Nov 10, 2017
Using technology for better shareholder engagement
Recent proxy contests are painful reminders to board members and investor relations (IR) professionals of the importance of effective shareholder engagement. With activists managing more than $200 billion in assets, the stakes for effective communication are greater than ever. These days, some IR professionals are taking proactive steps to better engage with shareholders ahead of their company’s shareholder meetings. This makes sense considering that in shareholder meeti...
Read more
Oct 04, 2017
Directors say boards more involved with cyber-security, poll finds
Most directors insist their board is increasingly engaged in tackling cyber-threats, while a number continue not to receive briefings on the topic or their company lacks a plan in case of attack, according to new research. Boards are under increasing pressure to make sure their firm is as well prepared as possible to thwart and respond to cyber-attacks. Equifax’s Richard Smith re...
Read more
Sep 29, 2017
The week in GRC: Senators grill SEC chair over cyber-breach and EU pushes bank diversity targets
– The New York Times said the Commodity Futures Trading Commission (CFTC) is shifting its enforcement strategy by increasingly looking to banks and other financial institutions to self-report their own misconduct and problems in the market. The new framework is premised on the idea that large firms, given the right incentives, have the potentia...
Read more
Sep 18, 2017
Board oversight of digital strategy lagging, report suggests
A new report – issued amid the fallout from a cyber-security breach potentially impacting 143 million Equifax customers – suggests boards are not doing enough to prioritize the evolution of their IT set-ups. Companies that are lagging on new digital technologies may be leaving the door open for a cyber-attack and missing out on new revenue opportunities, according to the PwC paper. Only 52 percent of executives surveyed by the accounting firm describe their comp...
Read more
Aug 22, 2017
How virtual reality can be used in the boardroom
Virtual reality (VR) can be a powerful, low-cost way of giving board directors and senior executives a tour of key corporate sites, as seen by Teck Resources’ recent use of the technology. In April this year the Canadian industrial company developed a VR video to provide its board and senior management with an immersive simulated experience at one of its remote sites in British Columbia. The video demonstrated improvements to the company’s productivity and safet...
Read more
Aug 07, 2017
US firms face uncertainty over EU privacy and trading rules
Businesses need to be aware of the potential conflicts between two of the EU’s largest upcoming regulatory changes, a technology professional has warned. Both regulations are being introduced by European authorities but will affect companies globally. When Mifid II comes into effect in January 2018, it will transform the way corporate access works and will unbundle the research traditionally produced by sell-side firms as an integrated part of their offering. The ...
Read more
Jul 28, 2017
Hertz official sees easy path with virtual AGMs
Virtual shareholder meetings (VSMs) have faced criticism from some investors but they are growing in popularity and, according to a senior Hertz governance official, they can be straightforward to use and generate more shareholder involvement. Cathy Conlon, head of corporate issuer product and strategy for Broadridge’s investor communications solutions division, told attendees at the Shareholder Services Association’s (SSA) annual conference in Bonita Springs, F...
Read more
Cs logo Cs logo