Welcome to one of the most exciting beats in business. Heather Landy, Mary Fricker and Theo Francis tackle some of the big issues.
The International Consortium of Investigative Journalists digs into offshore accounts with its worldwide series “Secrecy for Sale: Inside the Global Offshore Money Maze.” The ongoing series kicked off April 3 after 15 months of reporting. Tracking offshore accounts can be done with tips from insiders and some luck, says senior editor Mike Hudson. But ICIJ benefited [...]
Of all the documents that companies produce, proxy statements are among the most useful for reporters. Beat Basics: MORE on PROXY STATEMENTS An introduction Tips for using the proxy Traps and mistakes Compensation basics Glossary of key terms Resources They tell you what the top bosses are paid, from cash and stock to free jet [...]
A newly issued proxy can generate news on its own — when a CEO’s pay doubles, lavish perks contrast sharply with layoffs and cost-cutting, or a shareholder wages a proxy fight, for example. But it’s also a useful reference tool for stories that originate with other events or ideas. We’ll walk through some different ways [...]
Reporters most often use proxies to report on executive pay. This is where proxies shine, thanks to federal rules requiring uniform calculations and disclosure. Beat Basics: MORE on PROXY STATEMENTS An introduction Tips for using the proxy Traps and mistakes Compensation basics Glossary of key terms Resources A proxy’s compensation details aren’t comprehensive and cover [...]
For the definition of even more financial terms, try: lexicon.ft.com Investopedia dictionary balance sheet — A snapshot in time of a company’s financial position: the assets it owns, the liabilities it owes. Typically presented as of the last day of a quarter or year. beneficial owner — For all practical purposes, the holder or owner [...]
Beat Basics: MORE on PROXY STATEMENTS An introduction Tips for using the proxy Traps and mistakes Compensation basics Glossary of key terms Resources Only a few individuals and groups focus explicitly on proxy filings. However, a wide variety of websites, publications, experts and organizations tackle the corporate governance and compensation issues tied up in the [...]
The SEC received more than 5,300 definitive proxies in 2012, and triple that many including preliminary, supplementary and related filings. No guide can cover all the eventualities, but here are some common problems and points of confusion you can avoid, with a little effort. Beat Basics: MORE on PROXY STATEMENTS An introduction Tips for using [...]
Underfunded pensions are a huge issue these days. MaryJo Webster of the St. Paul Pioneer Press spent about six months studying and investigating public pensions in Minnesota. Her work paid off with a great explanatory piece as part of the paper’s on-going series. Today, she is sharing tips to help you navigate through your state’s plans with ease. [...]
Some 51 million Americans hold a bank account, but also rely on alternative financial services like payday lending, pawn shops, tax refund shops, rent-to-own agreements, and other services with fees that are considered high, according to a survey by the Federal Deposit Insurance Corp. released in Sept. 2012. Another 17 million U.S. adults don’t have [...]
