The hottest Corporate Governance Substack posts right now

When companies get government bailouts, they should understand that things are different and people are watching. Paying huge bonuses when others are suffering just seems unfair.
AIG had to pay money to banks like Goldman Sachs to avoid defaulting on obligations. This was likely what the bailout money was meant for.
Some AIG employees were not responsible for the crisis, so keeping them happy with bonuses could help the company recover. It's important to keep good workers, even if it looks bad politically.

Warren Buffett is a successful investor known for his philosophy of buying businesses rather than stocks. This approach has helped him make smart investment choices over the years.
Buffett prefers investing in well-managed, mature companies and avoids being an activist investor. He values companies with strong leadership and tends to stick to his area of expertise.
People often misunderstand Buffett's approach to risk. He does consider risk when investing, using conservative cash flow estimates to guide his decisions, so it's important to not ignore risk in your own investing.

Government should not set limits on executive pay, as it can cause problems in the job market. It might lead to unexpected consequences that could worsen the situation.
Companies that accept government help should allow taxpayers to have a say in executive compensation. If they rely on public funds, they must be accountable to the public.
Stockholders need to take a stand to ensure that executive pay is reasonable, rather than relying on the government. Investors should push for rules that involve them in the decision-making process regarding pay.

Self-interest is often more powerful than accountability in companies. When people face conflicts, they usually prioritize their own benefits.
Good corporate governance is important to prevent fraud. Having a board that asks smart questions can help keep management honest.
New accounting rules won't stop fraud. Companies often find ways to cheat around regulations, so being skeptical can save investors from losses.

Active funds are struggling because investors prefer passive options like ETFs. Some fund companies are not offering either right now, which could hurt them in the long run.
Vanguard became successful by creating a special share class for ETFs linked to their mutual funds, which allowed them to build a good track record. Other companies are now trying to replicate this model after Vanguard's patent expired.
There's a growing tension between shareholders and company boards over how businesses should be run, especially regarding social responsibility. Shareholders want more say and might push for changes through lawsuits.

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A prominent investor associated with Nucleus Genomics made a Nazi salute in public, creating a major reputational issue for the company.
Multiple posts allege problems with Nucleus's legitimacy and integrity, and the company's aggressive response appeared to make things worse.
The critic behind the allegations is controversial and shares risky health advice, but their claims still raise important concerns people should consider.

Organisations must codify accountability before letting AI make binding decisions. Authority, not raw model capability, is the real constraint on autonomy.
Delegating actions to AI shifts bureaucracy into code — you need logging, audits, access controls and kill switches — so oversight grows even as headcount falls. Companies that formalise these controls will gain safe speed, while those that don't risk scandal or paralysis.
Power will be redistributed inside firms: some managers become governance engineers who write the rules, others become ceremonial validators; the real fight will be over who sets permissions and controls the logs, and regulators and customers will demand traceability.