Word: ecgi
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...Ruiter, the chairman of the supervisory board, said the U.S. food-service subsidiary appeared to have booked these payments before they had been earned. He stressed that similar abuses hadn't been found at the company's core operations. Marco Becht, executive director of the European Corporate Governance Institute (ECGI) in Brussels, says that companies tolerate accounting problems less than they used to, and that the ousting of the two executives "may be a case of old-fashioned European corporate governance that bites." Maybe, but the case underscores some troubling issues about European corporate accounting. Ahold long had a reputation...
...long as Harvard University has no problem, we have no problem. If Harvard had a problem, then the ECGI would have a problem,” Becht said. “It’s a very delicate issue, but Andrei Shleifer is seen as one of the experts in his field...
Becht said that the ECGI, which was established only in January of this year, was able to attract as distinguished a roster of academics to its fellowships as it did for multiple reasons...
...described the fellowship as an initiation into “a study group on corporate governance.” He expects to travel to Europe this year to deliver a speech for an ECGI event...
Bebchuk said that he intends to contribute to ECGI meetings and policy debates as a fellow...