A NEW study has found that when CEOs take responsibility for financial restatements and deliver the bad news via online video, investors’ trust in management rises and they recommend larger investments in the firm. Researchers designed a simulation using a former television news presenter posing as a CEO. They found that when he accepted full [...]
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This is a weekly feature at IR Web Report highlighting articles and commentaries of interest to our readers. How News Consumption is Shifting to the Personalized Social News Stream The social network of a reader is quickly becoming their personalized news wire. That’s because in the last five years, a revolutionary shift has taken place [...]
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NEWS this week from the Wall Street Journal that academics have found key language markers of executive deception on earnings calls won’t come as a surprise to some of the world’s biggest hedge funds. That’s because they have for years used advanced detection techniques devised by the US intelligence community and sophisticated voice analyzing software [...]
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RICH DALY, the CEO of Broadridge Financial Solutions, Inc. (NYSE:BR), has responded to investor concerns about the potential impact on his company of the Securities and Exchange Commission’s (SEC) proxy system review, saying critics want to take the system back 45 years and companies’ costs could more than double in an unregulated market. Speaking on [...]
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EARNINGS reporting practices are evolving and becoming more complicated as companies increasingly integrate social media channels into their distribution circuits — and one good example is the closely watched technology bellwether Cisco Systems Inc. (NASDAQ:CSCO) Yesterday, Cisco reported its Q4 2010 results after the regular Nasdaq trading hours but during a very active after-hours session [...]
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STUART CROSBY, the CEO of Australia-based Computershare Limited (ASX:CPU), the world’s biggest transfer agent business and main rival to Broadridge Financial Solutions (NYSE:BR), has praised the Securities and Exchange Commission’s concept paper on improving the US proxy system. In a presentation to analysts on announcing his company’s full-year 2010 results, Crosby said the concept paper [...]
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THE Institute of Chartered Secretaries and Administrators is this month launching new Apple iPad software for directors that it says is “aimed at bringing the boardroom into the 21st century by moving board papers into the digital realm.” “This will really change things”, says Mike Evans, ICSA Software’s CEO. “Directors no longer need be burdened [...]
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