The Federal Court found although Myer misled shareholders, shareholders weren’t fooled.
Myer misled the market, but the market didn't believe it. The judgment provides a road map for future class actions.
Apple is committed to serving “Americans”, even as Tim Cook’s company asserts that manufacturing the iPhone in the United States would not be a viable option.
Frederic J. Brown/AFP
New initiatives have allowed firms to enshrine their purpose in corporate bylaws, but gaps exist between local and international issues that can complicate the definition of a multinational's purpose.
B Corp certification is the latest status clothing for conscious companies. But without a clear indication of how it improves business practices, what does it really add?
Kenneth Hayne has referred over 20 entities to regulators for investigation.
The government doesn't need to extend jurisdictions, or boost enforcement powers to prosecute corporations that have behaved dishonestly. The law for prosecution is there already.
Sophia, a robot granted citizenship in Saudi Arabia.
A legal loophole could grant computer systems many legal rights people have – threatening human rights and dignity and setting up some real legal and moral problems.
Trump meets with his ‘board.’
The allegations raised in a book on the Trump administration by Bob Woodward and an anonymous op-ed would be enough to get most CEOs fired.
Papa John himself resigned from the company after a report said he used a racial slur.
Papa John's is hoping to use the corporate strategy to prevent founder John Schnatter from taking back control over the pizza chain.
Nigeria is failing to prosecute banking executives charged with fraud due to deep weaknesses in the system.
Queensland Alumina is a joint venture between Rio Tinto and Rusal.
Many contracts have been ended in cases of war or changes in the law. But government action making a contract more expensive does not mean it will be terminated.
All Steinhoff directors should be held accountable for the international corporate scandal.
The secret settlements that leave the reputations of alleged sexual abuse perpetrators intact are also tax-deductible.
Secret payments in exchange for silence regarding work-related sexual abuse are usually tax-deductible. How about changing that?
KPMG South Africa executives have set a new benchmark for the country assuming responsibility for wrongdoing in their organisation.
A lot of Indian banks get involved in education programs.
India has gone further than any other country in legislating for corporate social responsibility. But the law should be redrafted to enhance precision and stakeholder orientation.
The GOP has a proposal on the table that could send shockwaves through the tax avoidance industry.
The behavior of Ford South Africa around the fires that have engulfed its 1.6-litre EcoBoost Kugas model is a classic case of how not to handle a corporate crisis.
Proposed laws will put corporate executives in the firing line when the law is broken on their watch.
Stronger laws make for happy dogs.
People who expose wrongdoing – whether it's cruelty against animals or corporate misconduct – deserve better protection and even financial incentives to do the right thing, as the US has shown.
The captain of the Costa Concordia has been sentenced to 16 years’ jail after the ship ran aground off the coast of Italy two years ago.
Late last week, an Italian court sentenced the captain of the Costa Concordia cruise liner, Francesco Schettino, to 16 years’ jail after finding him guilty of multiple charges of manslaughter. On January…
Ello has become the fastest-growing social network mainly because of its promise to keep itself free of advertising.
Ello is enjoying its moment of fame – in part thanks to its use of the latest fad in corporate legal structures. The eight-month-old social network is still in beta, and has nothing like the brand recognition…
A bitter inversion: AbbVie nixed its US$54 billion acquisition of Irish drug maker Shire after the US Treasury eroded the benefits of doing a corporate inversion.
Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of…