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Let's Value People as an Asset, and Bring Financial Statements into the 21st Century

R. Paul Herman | Posted 04.09.2012 | Business
R. Paul Herman

People are generally classified as expenses on the income statement and liabilities on the balance sheet -- not as an investable asset. Thus, when CEOs seek to increase profit, they cut costs -- like people -- rather than investing in assets -- like people -- that can appreciate.

Mistaken Auditor Likely To Face Little Punishment In Lehman Case

New York Times | FLOYD NORRIS | Posted 09.28.2011 | Business

The company misled investors and its officers and directors may be held liable. But the company’s auditor seems likely to escape any responsibility ...

Minding the Sustainability GAAP

Janet Ranganathan | Posted 05.25.2011 | Business
Janet Ranganathan

The global environmental crisis, including climate change, isn't just a problem for "greens." It also creates significant financial risks for companies and their investors.

We Need World-Wide Corporate Reporting Standards

Don Tapscott | Posted 05.25.2011 | Business
Don Tapscott

There is no global standard for measuring and reporting on environmental, social and governance performance. But coalition of corporate, regulatory, and non-governmental organizations wants to change that.

Georgetown Mistakenly Admits 30

The Hoya | Posted 05.25.2011 | College

The biology department accidentally e-mailed approximately thirty Regular Decision applicants congratulating them on admission to Georgetown and encou...

Moral Hazard in Iceland

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

What is especially disheartening in Iceland is that, not only did the bankers retain their compensation; they continue to draw salaries in their new positions of authority in the new banks and in the government.