Manifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.

Hedge fund investor activism and takeovers
Robin Greenwood and Michael Schor, Harvard University

Hedge fund activism has limited scope to bring about …

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The latest review of the FTSE4Good index has seen 24 companies expelled for no longer meeting its corporate responsibility standards. These include Honda and Toyota, which failed to meet human rights criteria, and Alltel and Capital One Financial, …

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Black representation in South African business has progressed much further than is generally accepted, with black representation at top management level growing by 55.9% from 2001-2006, a report by union body Solidarity has argued.

According to the report – The …

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While women are enjoying faster career progression than their male colleagues, this is not being matched by their remuneration, and there is evidence efforts to redress the pay gap are beginning to stall, a survey by the Chartered Management Institute

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A coalition of investors, US state officials and environmental groups have filed a petition with the US Securities and Exchange Commission (SEC) calling on the regulator to force companies to assess and disclose their financial risks from climate change.

The …

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The UK Shareholders Association (UKSA) has formed a group to represent the interests of ordinary shareholders in Northern Rock amid accusations that the bank failed to make required disclosures to investors about the severe financial difficulties it faced.

UKSA believes …

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The US Securities and Exchange Commission (SEC) has charged four more former executives of Nortel Networks, the communications company, with accounting fraud. The regulator is accusing former vice-presidents of Nortel’s optical, wireline, wireless and enterprise business units of manipulating …

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Nearly 50% of the London Stock Exchange (LSE) has been purchased by rival sovereign backed firms from the Middle East.

Borse Dubai and US exchange Nasdaq have reached an agreement that will allow Nasdaq to win control of Scandinavian exchange …

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Vernon Sankey has stepped down as chairman of Photo-Me International with immediate effect, prompting the photo booth operator’s principal shareholders to withdraw an EGM requisition seeking his removal.

Cycladic Capital and Principle Capital were seeking the immediate removal of both …

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Factors such as new investors and expansion into overseas markets have opened the door to different varieties of fraud, and four out of five companies worldwide have been hit by some form of corporate fraud in the last three years, …

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