American Apparel’s Uncertain Future

American Apparel Inc., a clothing manufacturer, distributor and retailer based in Los Angeles, has been in the news recently as controversy surrounds their founder and former CEO, Dov Charney.  Charney was ousted by the company’s board in June after being accused of misusing corporate funds and for “his role in disseminating nude photos of an ex-employee.” The removal of Charney triggered an “event of default” under the company’s credit agreement with investment firm, Lion Capital, whereby Lion Capital had the right to call in the loan if Charney was removed.

22 years of disruptive technology

15 leading web sites that have created and disrupted business.  What does the future hold?

Five steps to help reduce fraud in not-for-profit organizations

When many people think about fraud, their thoughts usually turn to banks, investment firms and large businesses. But don't be fooled. Not-for-profit organizations – including many charities, colleges, religious entities and trade groups – are often easy targets for sophisticated fraud schemes.

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Why Business Owners Need Boards by Michael Jacobs

The old adage ”it’s lonely at the top” applies nowhere better than to running a private company. Whether it is a family-­‐‑owned business or one lead by a single entrepreneur, private-­‐‑ company CEOs make decisions on a daily basis about disciplines they have no background in without the wisdom of others who have been down the same road. 

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Entrepreneurial leadership as a model for board performance

Product, reputation, and cash flow are the three primary areas of business that most concern an entrepreneur. A compelling product coupled with a quality reputation and the cash support for marketing and selling gives the entrepreneur the essential tools to grow a business. Without these essential tools, the entrepreneur has little likelihood of success.

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Should Boards Monitor Their Strategy Discussions?

By Tony Chapelle March 14, 2011
AGENDA, A Financial Times Service

Most (but not all) board members and governance gurus we asked said developing a formal policy around strategic review would be a good idea. Here’s why.

Steve Dreyer, Lead analytical manager, U.S. Utilities Ratings, Standard & Poor’s

What Women Really Want Is A Meritocracy

Forbes - Henrietta Holsman Fore, Susan Schiffer Stautberg and Alison Winter, 02.24.11, 02:20 PM EST  A key aspect of a healthy corporate culture is diversity of thought, skills and experience. The corporate boardroom is the latest stage for this controversial issue. Worldwide representation of women on boards still remains incredibly low, and this number has not moved much in the past decade.

How Business Schools Have Failed Business

"By failing to teach the principles of corporate governance, our business schools have failed our students. And by not internalizing sound principles of governance and accountability, B-school graduates have matured into executives and investment bankers who have failed American workers and retirees who have witnessed their jobs and savings vanish.

Why Facebook Won 1/1/11

Launched in February 2004, Facebook was initially only available to Harvard Students.  MySpace, launched August 2003, was initially available only to eUniverse employees.  Though design and layout were quite different between the two social networking sites, from the outside looking in, the two operated similarly and by 2008 were aggressively competing in similar market space.  Early on, MySpace dominated the online social networking genre.

Corporate Reputation

CEOs often quote that its their employees that make the difference. In this NYSE article "Stakeholders", Susan Caminiti examines how a company's leaders affect more than merely employee attitude. "What sort of behaviors can help improve a company’s reputation?"