Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Adverse Tax Consequences of Option Backdating Becoming More Evident
November 9, 2006
UnitedHealth expects bigger charges due to options | www.bizjournals.com
Restatement charges for option backdating were initially perceived to be a largely noncash adjustment to earnings. However, it is becoming apparent that the backdating may result in very significant tax liabilities, with a material impact on a company's cash flows.
November 9, 2006
Auditing Firms Urge New Ways To Detect Fraud | online.wsj.com
The six largest auditing firms get together and propose a new model for business reporting and auditing. It's not altogether new, and could pose more problems than it resolves.
Don’t be quick to judge acquisition strategies…but be clear on intentions
November 9, 2006
Rush to Judgment (HP's acqisition of Compaq) | www.cfo.com
Over the past several years, many (even countless) analysts have discredited HP for their acquisition of Compaq. The companies are too big to merge, the products aren’t compatible, the management is not compatible, they will loss more than they gain…What makes this acquisition unclear, and many others in question, is their intention. If companies who are actively acquiring would spell out their strategies, unanswered questions and potential devaluation could be avoided.
November 9, 2006
Deutsche Boerse Breaks Off Talks With Borsa Italiana | www.bloomberg.com
European Exchanges Consolidation
Evolution of Exchanges and their role in the future
Unique European Exchange
The Effect of Carbon Trading on Global Corporate Profits and Activity
November 8, 2006
A Low Carbon Path to Growth | www.viewswire.com
Environmental factors play an increasingly important role in business decisions. It is due to the efforts of the environmentalists that we see less smoke in our cities and cleaner auto emissions. All this is however just a fraction of the effort needed to make the world livable.
This analysis takes a look at the efforts being made on a global basis to make reduction of poisonous gaseous effects investor friendly and to encourage companies to reduce emissions through increased profits.
Derivatives, Hedge Funds and Investments Banks - Risk and Gyrations
November 8, 2006
Panic Selling Hits Derivatives Markets | www.ft.com
Derivative prices are undergoing major gyrations. This analysis looks at the uncertain world of derivatives and some of the reasons why their prices undergo major gyrations.
The analysis also looks at why derivatives instead of a risk control mechanism can become a major loss area and why they cause sleepless nights to corporate treasury managers.
Stock Options : SEC Acts on Frauds - Clairvoyance - Through the Looking Glass
November 7, 2006
Cox:More Backdating Charges To Come | www.cfo.com
The SEC says it is getting tough on stock options and is presently investigating over a hundred companies for the practice. The investigations are looking more at the deliberate fraud and fudging of records perspective.
This analysis looks at the effect of the SEC actions on what lies in store for the corporate sector in ensuring the sanctity of accounting and other compliance records.
Does the SEC Enforcement Effort Benefit from SOX?
November 6, 2006
SEC Enforcement Declines 8.9 Percent | www.cfo.com
The SEC appears to be slacking off in its enforcement efforts. Or, there could be less to enforce because of SOX.
Hedge Fund Regulation - Offshore Banking - The Challenge and Opportunity
November 6, 2006
Regulation Respite | www.thebanker.com
Tax havens, offshore banking and private banking have always been viewed with circumspection especially in troubled times - as the world normally seems to be in.
New evolving financial instruments like derivatives give rise to new concerns. This analysis takes a look at regulatory concerns in this area.
The Healthy Effect of Carbon Trading on Corporate Profits and the Environment
November 6, 2006
The Carbon Emissionaries | www.thebanker.com
The first priority for any company - the very reason for its existence - is to create wealth and pay a reasonable return to its owners. Over the years , the environment and the effects of industrial emissions have become a major combative issue between the Green lobby, companies and other stakeholders.
The introduction of the carbon credit system provides a way and an incentive for companies to create wealth as well as to clean the environment.
This analysis takes a look at some of the developments on the carbon trading front and how it is helping companies to strengthen their financial position.
Working Capital - Internal Audit and Control - Accounting Standards
October 30, 2009
Central Bank Policy - Gold - Dollar - Accounting and the Gold Standard
October 8, 2009
September 6, 2009