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Showing 81 - 90 of 107 results for "payments"

Companies lag on implementing UN Global Compact

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
... bribery certification", 13% reported engaging in collective action and 22% reported recording instances of facilitation payments and gifts. In human right, 72% said a human rights policy was within the overall code and 53% said it was within supplier ...

Corporate governance guidelines on agenda ahead of AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... the company; the payment of dividends to executives on unvested - and therefore unearned -incentive shares; retention payments made without a clear, or robust, rationale; termination payments that provide reward for mediocre performance, or failure ...

Bush Heritage Australia fund pays farmers for conservation

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUL 2013  |  NEWS
... period of 10 years, according to Bush Heritage Australia. The stewardship agreements will then make annual performance payments for meeting conservation targets, with the intention to roll over for five-year terms. Landowners will also receive conservation ...

Publish What You Pay renews call for mandatory disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
... and large privately owned oil, gas, mining and logging companies to publish country by country and project by project payments over â,¬100,000 to governments wherever they operate. This brings the EU in line with the US Dodd-Frank Act section 1504 ...

EITI conference advocates for moving beyond transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAY 2013  |  NEWS
Transparent disclosure of payments made by extractive companies to the countries they operate is not an end goal, should be conflated with broader definitions of good governance, and needs to be communicated more effectively to a broader range of stakeholders. ...

Australia to consider country-level payment disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2013  |  NEWS
The Australian government will consider whether mining companies should be made to disclose the payments they make on a country-by-country basis after evaluating the results of the Australian pilot of the Extractive Industries Transparency Initiative ...

Publish What You Pay reexamining extractive companies

RACHEL ALEMBAKIS  |  FRIDAY, 26 APR 2013  |  NEWS
... Pay (PWYP) Australia and CAER are surveying ASX200 listed extractives companies on their reporting standards regarding payments made to governments in the countries where they operate, and are seeking views of investors and analysts on the current reporting ...

KPMG: fraud costs Australian/NZ businesses $373 million

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
... high-risk for corruption, but 40% of those companies have no publicly stated policy that prohibits bribery or facilitation payments. "We find that there is a real attitude of, it can't happen to us because it hasn't happened to us," Gill said. "But it ...

OECD criticises low enforcement of foreign bribery law

RACHEL ALEMBAKIS  |  FRIDAY, 2 NOV 2012  |  NEWS
... fine against companies engaging in foreign bribery, and an amendment to legislation that clarified that facilitation payments defence is limited to payments of minor value. "Awareness should continue to be raised about the difference between a bribe ...

ACSI reiterates support for NewsCorp board overhaul

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
... pay for the 6 disclosed executives was US$65.5m or close to 2% of operating cash flow. Further, ACSI said termination payments are far beyond the Australian norm. ACSI also backs a shareholder resolution to eliminate NewsCorp's dual class share structure. ...