Kraft is under investigation by The Panel on Takeovers and Mergers (the Panel) over allegedly misleading statements the company made to investors and employees during its five month takeover battle for Cadbury.

According to reports in the Wall Street Journal, …

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President Nicolas Sarkozy’s UMP party yesterday introduced a Bill into the French Parliament which seeks to ensure gender balance in boards of directors within five years, with an interim target of 20% within 18 months.

The Bill provides for a …

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A French judge has order seven executives at Vivendi to stand trial over alleged financial wrong doing. The executives include Jean-Marie Messier, Edgar Bronfman Jr and Guillaume Hannezo (former Chief Financial Officer). Reuters has reported that the charges include divulging …

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Leading US mutual fund manager Oppenheimer Funds has written to the SEC supporting improved disclosure of commercial relationships which might create a conflict of interest.

In a Sept.24 letter to the Securities and Exchange Commission commenting on the SEC’s proposed …

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The UK’s Finanancial Reporting Council has issued a series of proposal to reform the UK’s corporate governance regime. What was previously called “The Combined Code” now becomes “The UK Corporate Governance Code” and, subject to consultation,  will apply to all …

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The Australian Securities and Investment Commission this week announced it intended bringing civil charges against the enitre 2007 board and a former Chief Financial Officer of various entities withing the Centro Properties Group and Centro Retail Group.

This is the …

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Nearly 180 shareholder proposals will come to a vote at 102 U.S. companies holding shareholder meetings between May 1 and May 15. Of these proposals, 35% relate to social and environmental issues (including, among others, climate change, sustainability, and political …

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The governmental responses to the financial crisis have been many and varied with markedly different approaches being taken on both sides of the Atlantic. One common strand between the European and US administrations has been the role of institutional shareholders …

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The Australian Corporate Governance Code is up for review. Under the auspices of the Australian Stock Exchange (ASX), a number of amendments are under consideration, most notably improved disclosures about gender diversity and executive pay.…

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The Korean Justice Ministry stated this week that Korea has ‘made hostile M&A attacks easy by removing a ceiling on foreign stock investments, but it has not had any means to prevent hostile M&A’. It has announced public hearings to …

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