On Governance: It’s Time Boards Ask Some Tough Questions About Risk Management Effectiveness
May 21 | Tim Leech, Managing Director, Global Services, Risk Oversight Inc. | Comments (0)
Good practice risk oversight due diligence guidance clearly says boards should ask about the effectiveness of risk management processes. Evidence suggests many boards have not been. Why not?
Corporate Communications and Employee Mental Health
May 20 | Johanna Seitenbach , Member Engagement Specialist, The Conference Board | Comments (0)
The only way corporate mental health initiatives can be successful is if they are aligned with communication efforts. There are several functions of corporate communications that are necessary to consider when evaluating a company’s approach to mental health.
Goodwill vs. Intangible Assets — A Lesson Learnt from a Recent $15 Billion Write Down
May 17 | James Gregory, Senior Fellow, The Conference Board | Edgar Baum, Founder & CEO, Avasta Incorporated | Comments (0)
Goodwill on the balance sheet isn’t good enough. Until a better, more transparent accounting, or fair value method replaces goodwill, intangible assets will remain impossible to manage and unaccountable to shareholders. Not providing transparency will have consequences such as significant write-downs ($15 billion write-down for the acquisition of Kraft) of brands and restatements of financial reports.
What’s new in the US labor market – May 2019 Edition
May 15 | Gad Levanon, Ph.D., Chief Economist, North America, The Conference Board | Comments (0)
In 2009, the US labor market was the weakest since the Great Depression. In 2019, after a decade of strong hiring and the retirement of about 3 million baby boomers a year, the US economy is experiencing the lowest unemployment rate in 50 years. Employers are experiencing historical difficulties in recruiting and retaining workers, especially in blue-collar and low-paid occupations. In the next 12 months, despite some slowing in economic growth, labor markets will get even tighter.
New 21 Percent Excise Tax on Nonprofit Executives: Does It Impact My Corporate Foundation?
May 15 | Lindsay Mason, Corporate Philanthropy Director, Council on Foundations | Comments (0)
As companies file their 2018 taxes, several corporate philanthropic leaders have contacted the Council on Foundations with concerns surrounding the new excise tax. As part of the Tax Cuts and Jobs Act of 2017, Section 4960 of the bill imposes a 21 percent excise tax on highly-paid executives of nonprofit organizations.
Georgia Power Partnership with Purposity Lets Employees Meet Local Needs
May 14 | Alexander Parkinson, Senior Researcher, The Conference Board | Comments (0)
Are you using technology effectively to engage employees in community programs? A partnership between Georgia Power and Purposity is showing how disruptive technology can be used to boost the long-held practice of community engagement.
Latest Research from the ESG Center
May 14 | ESG Center | Comments (0)
During the last month, The Conference Board ESG Center released five pieces of research that cover corporate board practices among Russell 3000 and S&P 500 companies, business media perspectives on the director’s job description, the idea of extending ethical business principles to digitalization, how ESG raters miss rating governance and how standardized social outcomes can measure the impact of societal investments.
How Should Policymakers Think About Technological Change?
May 10 | Sustaining Capitalism Podcast | Comments (0)
With technology rapidly changing the landscape for modern economic competition, policymakers will need to continually assess how government will shape and be shaped by these changes. Matthew Shapiro, founder of MacroTessera and a Senior Advisor at Oxford Analytica, joins Devin O’Connor to share insights on this critical issue.
Indications 2.10: Latin America: Opportunity in Uncertainty
May 10 | Indications Podcast | Comments (0)
Latin America is a vast, diverse region in flux, with economic prospects varying immensely from country to country—and month to month. In this episode, Chief Economist Bart van Ark and an expert panel tour the latest developments from Cape Horn to the US border. Learn how political pressures, natural resource dependence, exports and trade policy, and security and safety concerns are playing out in individual markets—and why there’s reason for optimism across the region as a whole.