Contents

Divided by common language

Earnings-ism or capitalism?

A new paper looks at how the US and the UK, having a common language, encourages a superficial expectation of similarities in governance and financial reporting which are not underpinned by their respective legal and regulatory frameworks.

Reporting standard issued on OFR

The Accounting Standards Board (ASB) has issued its first reporting standard under its new legal powers, Reporting Standard 1 (RS1) ‘The Operating and Financial Review’.

EC consultation on shareholders’ rights

Directors launch new European Confederation

The growing importance of SRI practices



Stock lending

SOX - friend or foe?

Michael Nelson and Dan Langer argue that Sarbanes Oxley is actually the answer to a leaner and more efficient business.

Creating a winning board

In his second article, Professor Colin Coulson-Thomas looks at what the boards of successful companies do differently and what factors impact on the creation of a winning board.