Sentences with phrase «more board control»

Proposed board reforms to Canada's deposit - taking institutions and insurance companies under the new guidelines include: appointing directors with relevant financial services experience; more board control over enterprise risk; enhanced director training, self - assessment and external reviews; and certain powers that allow boards to better direct and monitor management.

Not exact matches

Now that Puerto Rico's Governor Ricardo Rosselló has introduced a fiscal proposal that will cope with the island's debt and balance the budget, and our decisions are being disciplined by a federal fiscal control board, we need to start thinking about what it will take to create a sustainable economy where more companies like Señor Paleta can grow.

Dasilva has stuck to his goal of making transactions better for both customers and retailers — an important trait, Arsenault says, since a founder's vision can often get diluted as the board and investors exert more control.

As the owner of more than 90 % of voting stock at the company, Adderley has control over the election of the company's board directors, its advisory Say on Pay vote, and, at the coming May annual meeting, to renew the Kelly's short and long - term compensation plans.

Unlike a similar study last year that found that women chiefs make more than men, this one had a far larger sample and controlled for «chief executives» tenure, characteristics of the firms (size, performance and risk), and the size and independence of the boards.»

Any material issues raised by the most recent Public Company Accounting Oversight Board inspection, peer review, or independent registered public accounting firm internal quality control review or by any inquiry or investigations by governmental or professional authorities within the preceding five years respecting one or more independent audits carried out by the audit firm, and any steps taken to deal with such issues.

The Central Bank authorities knew DB was going to collapse when Anshu Jain was fired in June 2015, literally about 2 weeks after DB's board had given Jain even more control over bank operations.

Under the 2017 Plan, a change in control is defined to include (1) the acquisition by any person or company of more than 50 % of the combined voting power of our then outstanding stock, (2) a merger, consolidation, or similar transaction in which our stockholders immediately before the transaction do not own, directly or indirectly, more than 50 % of the combined voting power of the surviving entity (or the parent of the surviving entity), (3) a sale, lease, exclusive license, or other disposition of all or substantially all of our assets other than to an entity more than 50 % of the combined voting power of which is owned by our stockholders, and (4) an unapproved change in the majority of the board of directors.

His statistical analysis showed that, paradoxically, founders maximized the value of their equity stakes by giving up the CEO position and board control: «The results show that, controlling for company size, age, and other factors, the more decision - making control kept (at both the CEO and board levels), the lower the value of the entrepreneur's equity stake.»

Under these rules, a company of which more than 50 % of the voting power is held by an individual, a group or another company is a «controlled company» and may elect not to comply with certain corporate governance requirements of the, including (1) the requirement that a majority of the board of directors consist of independent directors, (2) the requirement that we have a nominating and corporate governance committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities and (3) the requirement that we have a compensation committee that is composed entirely of independent directors with a written charter addressing the committee's purpose and responsibilities.

This way the shareholders can retain their level of control in the company without having to go out and purchase more shares just for the power of the vote that will give the shareholder more clout at the board level for his / her interests in corporate activities.

What is even more puzzling is that while the President of the Treasury Board claims control over spending by pointing to the decline in the Estimates of $ 10.4 billion, or 4 per cent, the June 2011 Budget shows an increase of $ 9.7 billion, or 3.6 per cent, in expenses between 2010 - 11 and 2011 - 12.

In addition, the percentage of family representatives on the board may be no more than 10 % greater than the percentage of the family's control.

After more than 10 years of measuring and rating the effectiveness of the boards of directors of widely held Canadian publicly traded companies, the Clarkson Centre for Board Effectiveness (CCBE) published a report in 2013 about the performance of family - controlled corporations (family firms).

Although it seems sensible on the surface that an entity which controls 30 % or more of a company should be entitled to representation on the board of directors, independent directors are rightfully embraced as an essential component of good governance.

For example, a family that controls 30 % of the issuer's votes may have no more than 40 % of the board made up of family representatives, including executives of affiliated companies, whether or not they are independent from management.

Without a controlling shareholder, there would be little excuse for having more than one - third of your board populated by related directors.

After struggling for more than a decade, conservatives seized control of the denominational machinery and began to implement changes in the boards and agencies of the convention.

In software, version 6 of EFI's Enterprise Commercial, Midmarket Print, Publication, Quick Print, Packaging and Corrugated Packaging Productivity Suites was unveiled, along with EFI MarketDirect, a cross media customer platform, and Escada software for corrugated process control, which offers more consistent board quality and reduced waste as well as with faster print speeds and production.

She's great on the boards, but you can see she's trying to get herself a little more solid and under control offensively.

Our board obviously controls more than they should.

You are more or less spot on mate, But, I am not of those that point any of the blame on the board or the majority share holder, if anything, Wenger has been given more control of the club since Kroenke took over!

The board took steps Wednesday to strengthen its control over park policy and over the park district «s more than 5,000 employees, most of whom were loyal to former Supt. Edmund Kelly, a Washington foe who resigned July 20, a month after the new board stripped him of power.

Park Board members told the council in a joint meeting that they need a clearer understanding of the guidelines of the lease and would like more control over city - owned park sites maintained by the district.

The politically appointed commissioners of the state Board of Election plan to vote today on a rules change granting them more control over the investigations by Risa Sugarman, the board's chief enforcement couBoard of Election plan to vote today on a rules change granting them more control over the investigations by Risa Sugarman, the board's chief enforcement couboard's chief enforcement counsel.

But in reality, the governor controls the MTA nominating process and has more board representatives than anyone else in the state.

A «super» control board could be a good idea, if only because it would bring a more uniform approach — but it's no panacea.

DiNapoli, whose office oversees local finances, is reportedly considering a more comprehensive system of state response, including an early - warning system to head off emerging crises and the creation of a state - level financial control board.

Nassau's financial control board for the first time will impose spending cuts for county departments and programs after county lawmakers proposed more than $ 30 million in changes to the 2018 budget the board said were inadequate.

Yet perhaps the administration will not be so contemptuous or evasive when it goes Wednesday before the state's Public Authorities Control Board, which will consider whether the Environmental Facilities Corp. should loan more than a half - billion dollars to the Thruway Authority.

Nassau county's financial control board could impose spending cuts affecting county agencies, contracts and more.

MORE CBS - REDSTONE DRAMA: The Wall Street Journal's Keach Hagey and Joe Flint report: «On Thursday, CBS said its board voted to strip National Amusements President Shari Redstone and her family of their voting control over the media company.

Cuomo says the voluntary approach could help communities who are loathe to take the more «highly invasive» step of asking the state to impose a financial control board.

Other town board members on the all - Republican council have expressed interest, a process more or less controlled by the man - of - many - hats, mysterious Jim Maloney.

The salary hikes, which averaged more than 5 percent per employee, or $ 4,430, come as the county remains under the control of a state monitoring board and faces a potential $ 80 million deficit in 2016.

Mary Eisenstein, who has been diagnosed with Lyme disease four times during her 21 years on the North Fork, said the Town Board hasn't been working hard enough to lobby Albany for more effective means of controlling the deer population.

He said several Saratoga Springs - area Senate Republicans are adamantly opposed to Cuomo's plan for more control of a new NYRA board than what the legislature is seeking, as well as his plan to «claw back» $ 16 million in VLT proceeds for NYRA.

Mayor Bloomberg just dropped a report that demonstrates elections in states with nonpartisan redistricting are considerably more competitive across the board than in places like New York where the process is political and directly controlled by elected officials.

Cuomo sought last week to gain more control over the board of the Metropolitan Transportation Authority, a measure that ultimately failed.

But it was a real possibility more than 30 years ago until state and city officials worked to resolve the crisis through a control board and massive bonding plan.

Another incentive for Flanagan: A political committee formed by the Real Estate Board of New York spent more than $ 1 million to help the Senate Republicans take back control of the chamber last fall.

The county allowed the hospital to have the Erie County Fiscal Stability Authority — better known as the control board — borrow money on the hospital's behalf because the control board has a far better bond rating than the hospital and can borrow money much more cheaply.

However, it doesn't mention that Nassau's financial control board projects a budget deficit of more than $ 100 million this year.

At Monday's meeting of the state Board of Regents, Education Commissioner MaryEllen Elia and her staff reiterated a point they have advanced over the past week — that bipartisan repeal legislation recently approved by the Democratic - controlled state Assembly could have the unintended result of generating more tests.

A board controlled by Gov. Andrew Cuomo and the legislative leaders voted Wednesday to approve more than $ 485 million for the Buffalo Billion project.

Nassau's financial control board appears to be more accepting of less information about the county's finances than it has in the past, despite tough talk of forcing the county to balance its budget.

The Erie County Legislature's Majority Caucus has called on the County Executive to issue a Declaration of Need that would allow the County to borrow through the Erie County Fiscal Stability Authority (Control Board), saving more than $ 1 million.

«The state exerts the most control and oversight, both through the number of board appointees that the governor has, more than any other person, including the mayor,» said Nicole Gelinas of the Manhattan Institute.

The Southold Town Board is requesting public comment on a proposed building code amendment that would give the town more control over applications that involve setting up tents.

«The County Executive has a responsibility to each and every taxpayer to issue the Declaration of Need to allow the county to potentially save more than a $ 1 million by borrowing through the Control Board.