Finance Blogs

Scott Adams on Board Governance
From Financial Rounds
January 19, 2008 4:40 PM
Corporate governance survey conducted (Pakistan)
From Inside Sarbanes Oxley
January 19, 2008 12:13 AM
Enron-driven reforms are unraveling
From Inside Sarbanes Oxley
January 19, 2008 12:06 AM
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The Finance Institute

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Diverts

Yawning Contagious for Dogs, Too
Yawning is contagious -- even for dogs. [more]

Farmer Erects "Redneck Stonehenge"
When Rhett Davis' neighbors complained about the flies and dust from Davis' farm, he offered to pay for half the cost of building a fence. [more]

Penguin Made a Knight
Three-foot-tall king penguin Nils Olav, a resident of the Edinburgh Zoo in Scotland, was knighted last week on behalf of Norway's King Harald V. [more]

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Cost Management Alerts

CEOs Pick Their Favorite States for Business
For the past three years the results of Chief Executive magazine’s annual "Best & Worst States" survey have been the same -- Texas and Nevada are the best places to do business and California and New York are the worst. [more]

Board Directors Reap Big Rewards for Their Work
Board directors take home big bucks, according to this analysis by The Corporate Library. [more]

Banks To Shed Units
In anticipation of challenging economic times, Citigroup Inc and HSBC Holdings PLC are among two of the US and European banks that are considering selling off some assets. [more]

For All Businesses, It's Location, Location, Location
Retailers and real estate developers have always understood the importance of location, but it's only in recent years that companies in general have realized that careful geographical placement of their physical assets can provide a competitive edge. [more]

Turbocharged A/P: The Benefits of Dynamic Discounting
The traditional "collect early, pay late" approach to cash management may be heading for obsolescence thanks to technologies that enable buyers to grab more control of the invoice discounting process. [more]

Rewards for a Healthy Workforce
To encourage employees to adopt healthier lifestyles and reign in health care costs, more companies are offering financial incentives. [more]

How Employee Engagement Hits the Bottom Line
Only about one-fifth of employees worldwide are fully engaged in their work -- and that's a problem that can hit businesses where it hurts, according to a massive study by Towers Perrin. [more]

Shielding the Supply Chain
Numerous voices have raised concerns about the threats facing today's globalized and increasingly automated supply chain. [more]

Procurement's Evolution
The Hackett Group has analyzed the challenges of cutting costs and surviving market volatility in the procurement environment and has defined five stages through which a procurement company evolves. [more]

High-Cost Health Plans Will Rule by 2020
No let-up is in sight for health-care consumers increasingly burdened by employers' cost-shifting strategies. [more]

The Rising Costs of Fraud
Fraud has increased almost 40 percent and cost companies $2.4 million since 2005, according to PricewaterhouseCoopers' 2007 Global Economic Crime Survey. [more]

A Hurdle with Health Plans
Even though consumer-driven health care plans (CDHP) are becoming more familiar, Fidelity Investments research indicates that individuals struggle to understand health plan language. [more]

Absenteeism Costly for Companies
Large companies are losing an estimated $760,000 per year in direct payroll costs due to absenteeism, according to the 2007 CCH Unscheduled Absence Survey. [more]

Secrets of the Procurement Masters
Businesses are starting to grasp the strategic importance of supply chain management, but in most companies there's still plenty of room for improvement in the procurement function. [more]

The ROI on Responsibility
Social, environmental and economic responsibility programs have become de rigeur at many forward-looking companies in recent years, but do these initiatives provide any business benefits beyond the realm of public relations? [more]

Asian Companies Saved $15 Billion in 2006
Through efficient payment collection and refined inventory management, 725 Asian companies improved working capital performance in 2006, freeing up $15 billion. [more]

Lehman Brothers Shutters Subprime Unit
The latest victims of the subprime meltdown are the 1,200 employees of BNC Mortgage LLC, the subprime lending operation of Lehman Brothers Holdings Inc. [more]

SunTrust Banks To Downsize
The seventh-largest bank in the United States, SunTrust Banks Inc., intends to cut 7 percent of its workforce (or 2,400 jobs) by the end of next year. [more]

The High Cost of Lax Regulation
Who is accountable for the lack of oversight in Southern China, where dangerous and recalled pet food, toothpaste and toys are produced? [more]

Information Tools Key in a Consumer-Directed Health Plan
A whopping 90 percent of employers that offer a consumer-directed health plan (CDHP) believe communicating the introduction of such plan is the biggest hurdle in implementing one. [more]

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Cost Management Media

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Managing Expenses to Drive Down Costs in an Uncertain Economy
From Business Finance Magazine
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Toward a leaner finance department
From McKinsey & Co.
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