Posts Categorized: Financials

Constructive Dialogue Bears Fruit

EXCERPT FROM THE JSFB. SUBSCRIBERS CAN READ THE FULL ARTICLE IN THE FEBRUARY 2014 EDITION. It has become more and more clear that shareholders can have tremendous leverage to influence corporate and industry practices globally, often in collaboration with coalitions of other shareholders and activist organizations. While one voice can make a difference, the collective voice of… Read more »

The Makings of a Market Correction?

Feb14_Geraghty_Market_shutterstock_109423280

2013 was a stellar year for stocks — the S&P 500 reached new highs and finished with a gain of 30%. Other developed markets performed well too — the MSCI All Country World Index (ACWI) rose 23% — but the MSCI Emerging Markets index fell 3%. As for 2014, we started the year with a dip begging the question of whether a material correction might be in store, as some observers have predicted….

Disclosure Overload: Don’t Throw Investors Out with the Bathwater

Extract from the Cornerstone Journal of Sustainable Finance & Banking, January 2014 written by Janet Pegg, Head of Accounting & Valuation at Cornerstone Capital Inc. and former Managing Director and Analyst of U.S. Accounting Research at UBS Investment Bank. Janet is an II-ranked Analyst. Subscribers can view the full article in the January edition. Although mandates… Read more »

Integrated Financial Reporting in Brazil

Extract from the Cornerstone Journal of Sustainable Finance & Banking, December 2013, written by Robert G. Eccles, Professor of Management Practice at Harvard Business School, Chairman of SASB and member of the Steering Committee of the International Integrated Reporting Committee. Will Brazil’s market structure make it a country leader in adopting integrated reporting? It’s all… Read more »

The Social Value of Derivatives

Extract from the Cornerstone Journal of Sustainable Finance & Banking, November 2013, written by Erika Karp, Founder and CEO of Cornerstone Capital Inc. A huge lament is the lack of any opportunity for an honest and open discourse on the place derivatives play in our society.  Why is it worth continuing to pursue such an… Read more »

Food Policy & the Environmental Credit Crunch

Extract from the Cornerstone Journal of Sustainable Finance & Banking, November 2013, written by Paul Donovan, Managing Director and Global Economist at UBS Investment Bank, and Julie Hudson, Managing Director, SRI & Sustainability at UBS Investment Bank. The global economy is at a dangerous stage of human development. The (relative) cornucopia of plenty has bred… Read more »

Jumpstarting Access to Capital

Extract from the Cornerstone Journal of Sustainable Finance & Banking, November 2013, written by David Robinson, Professor of Finance, Duke University and member of the World Economic Forum’s Global Agenda Council on Capital & Financing. In the wake of the economic slowdown precipitated by the global financial crisis, governments all around the world have been… Read more »

Financial Instrument Accounting: Still Waters Run Deep

Extract from the Cornerstone Journal of Sustainable Finance & Banking, November 2013, written by Janet Pegg, Head of Accounting & Valuation at Cornerstone Capital Inc. The FASB and the IASB have been working since before the financial crisis to improve accounting for financial instruments. Although the Boards have worked together, it is probable there could… Read more »

Living in Regulatory Purgatory

Extract from the Cornerstone Journal of Sustainable Finance & Banking, November 2013, written by Diane B. Glossman, an independent Director at Powa Technologies, WMI Holdings, and Ambac Assurance. Ultimately companies and industries cannot be regulated into behaving well: ethical mores have to be established by senior managements and become ingrained throughout organizations from within.

A New Value Driver Framework

Extract from the Cornerstone Journal of Sustainable Finance & Banking, October 2013, written by David Lubin, Managing Director of S3, and retired as Co-Chairman and Managing Director of Renaissance Worldwide. He served as lead contributor to the UNGC in development of the report entitled, The Value Driver Model – A Tool for Communicating the Business… Read more »

Things We Can Kick…And Things Which are Precious

Extract from the Cornerstone Journal of Sustainable Finance & Banking, October 2013, written by Janet Pegg, Janet Pegg is currently the Head of Accounting & Valuation at Cornerstone Capital Inc. Rather than having companies provide point-in-time valuations of intangible assets, what investors would find more useful is increased disclosure of the assets, both tangible and… Read more »

Accelerate the Velocity of Money.com

Extract from the Cornerstone Journal of Sustainable Finance & Banking, October 2013, written by Mike Shavel, Research & Business Analyst at Cornerstone Capital Inc. and Erika Karp, Founder and CEO at Cornerstone Capital Inc. It is no secret that the pace of this recovery has been frustratingly weak, especially in light of the current Fed policy…. Read more »

“Main Street vs. Wall Street”, Now in Aluminum

Extract from the Cornerstone Journal of Sustainable Finance & Banking, October 2013, written by Pete Hickson, Founder of Global Materials Advisors Ltd. and an Advisory Director at TrafalgarCopley. Consumers claim that the practices of metal warehouses, owned in part by ‘Wall Street’ banks, have constrained supply and inflated costs. The LME warehouse operators counter claim… Read more »