Institutional Shareholder Services (ISS), the largest and most influential proxy advisory firm, has recently taken an increased interest in the role of external auditors and the audit committee. This is an important development because many…
Accounting and financial reporting
As Aviki et al. recently noted in a systematic review of alternative payment models (APMs) in oncology, despite the growing number of such models, “there is limited evidence to evaluate their efficacy.” Indeed, we do not yet understand these models…
New payment models / Healthcare
The dramatic shifts in the investment landscape—from individual to institutional shareholders and from actively managed funds to indices—have put pressure on boards to strengthen governance and oversight practices.
On July 19, Lead Director Network…
Investor perspectives on public companies
Over the last year, there has been a steady drumbeat of allegations of workplace sexual misconduct against dozens of prominent figures from media, politics, and business. A wide range of companies have seen top executives resign in the face of such…
Board risk oversight
“People say data is the new oil, but I like to say data is the new uranium. It’s extremely powerful, but it can be very dangerous because it can be used in ways we don’t intend.”
—Participant
The conventional wisdom is that data is one of the…
Innovation and technology, Regulation and supervision, Financial Strategy / Banking
While the practice of reporting on the environmental, social, and governance (ESG) aspects of business activities emerged decades ago, ESG reporting—also referred to as sustainability reporting or corporate social responsibility (CSR) reporting—has…
Working with the internal and external auditor
Institutional investors have become increasingly prominent in capital markets over the last few decades, and they have used their power to put pressure on boards to ensure companies are focused on creating long-term shareholder value. They have…
Investor perspectives on public companies
Insurers have always sought to use information to sharpen underwriting and claims management. Today, aided by technologies like blockchain, sensors embedded in Internet of Things (IoT) devices, and low-cost genetic sequencing, insurers have access…
Risk management and oversight, Regulation and supervision / Insurance and Asset Management
Today’s internal audit functions are often challenged to perform both traditional assurance activities and new, value-creating tasks. As businesses consider new business models and integrate new digital platforms, internal auditors must adopt new…
Working with the internal and external auditor
Audit committee chairs and cybersecurity experts alike believe that for most companies cybersecurity breaches are inevitable. “Everyone knows they might get hacked; all are preparing for some type of event. The attitude has shifted from prevention…
Cybersecurity