State of the nations

Article Abstract:

A new index called Responsible Competitiveness Index will now rank the companies based on their social responsibility. The index also indicates the national competitiveness of these companies. The criteria considered for the purpose of these rankings include civic freedom, corporate governance, corruption, and environmental management in these countries.

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Bought to book

Article Abstract:

The effect of the new accounting rules for discouraging companies from using hidden derivatives misrepresenting the financial position of a company, that are aimed at increasing transparency are discussed. The rule expects companies to value the derivatives at market value, but its impact on income volatility and other transactions is debatable.

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Exploiting Sarbanes-Oxley to improve global business

Article Abstract:

With the passing of the Sarbanes-Oxley Act, corporate governance and regulatory compliance are being increasingly perceived as indicators of good business across the world by companies.

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