JP Morgan: Adoption of business principals

JPMorgan Chase – 2015   Whereas, our Company acknowledges its ongoing role in policymaking in its published policy, stating: “JPMorgan Chase believes that responsible corporate citizenship demands a strong commitment to a healthy and informed democracy through civic...

Goldman Sachs: Adoption of business principals

Whereas, our company’s political and business leadership has resulted in the creation of enormous individual and corporate wealth, the election and appointment of prosperous and respected politicians and government officials, including cabinet and U.S Treasury...

McDonald’s Ruling Sets Ominous Tone For Franchises

The Wall Street Journal reported that the National Labor Relations Board (NLRB) has ruled  the McDonald’s Corporation can be treated as a joint employer with its franchisees in labor complaints. The ruling could have far-reaching implications for how the company deals...

Walgreens: American Icon Considers Going Rogue

Over the past year there has been a sudden flurry of U.S. companies taking advantage of a loophole that allows them to avoid paying U.S. corporate taxes by reincorporating overseas. Called “inversion”, large companies such as Pfizer and Omnicom Group have already...

Corporate governance: the resurgent activist

The US Chamber of Commerce calls it “minoritarianism, the tyranny of a minority”. Dan Gallagher of the Securities and Exchange Commission says annual meetings have been “hijacked” by “corporate gadflies”. Leo Strine, the chief justice of Delaware, where most big US...