When forming boards of directors, diversity, equity and inclusion has always been essential and necessary. Given the latest guidelines and growing expectations from shareholders, employees, and stakeholders, enhancing board diversity is of major importance. Diverse boards are associated with better decision-making skills, which leads to better outcomes and bigger profits. Recently, board diversity has been making […]
2023 has seen a consistent pattern of collapsed corporations, due to the failed governance of their board of directors. Many of these board members remain influential in financial and political sectors, alongside other endeavors. Here is what the former board members of some of the biggest corporate failures are doing now: Theranos, founded by Elizabeth […]
2023 has continuously marked the collapse of numerous corporations, especially in the financial sector. The downfall of these companies should be blamed on the failed governance of now former executives and former board members. Certain inefficiencies such as poor leadership and decision-making, lack of accountability, unethical practices or fraud, and financial mismanagement are all factors […]
In today’s digital era, the threat landscape is constantly evolving, and businesses are facing increasingly sophisticated cyber threats. Recognizing the critical need for enhancing cybersecurity practices and fostering transparency in the corporate sector, the U.S. Securities and Exchange Commission (SEC) has taken a significant step forward. On July 26, 2023, the SEC adopted final rules […]
Elizabeth Anna Holmes is the founder and CEO of Theranos, a medical technology startup which claimed to have revolutionized blood testing by using much smaller amounts of blood and hence making it abundantly more convenient and accessible. By 2015 Theranos was valued at $9 billion and Holmes was named the youngest and wealthiest female self-made […]
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