Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Table: Under Scrutiny


Proposals to limit companies' influence on outside directors with charitable gifts are controversial

THE PROPOSALS

-- Directors must disclose ties to nonprofits

-- Companies must reveal gifts over $10,000 and noncash benefits

-- Directors lose independent status if their charity gets $200,000 or 5% of its budget from the company

THE OBJECTIONS

-- Company donations could dry up

-- Disclosure could become a privacy and paperwork nightmare

-- Companies fear they might have to report all their executives' volunteer

activities

Data: BusinessWeek, Council on Foundations, Nasdaq


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus