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AI Governance and Ethics: Introduction – Why Every Organization Needs a Brain Topics hide AI Governance and Ethics: Introduction – Why Every Organization Needs a Brain Science Fiction as a Laboratory of Ethics Case Study 1 – Philips: Purpose Without Execution Case Study 2 – Barclays: Bias in the Bloodstream Case Study 3 – Tesco: … Read more
Introduction: When a Scandal Becomes a Turning Point Topics hide Introduction: When a Scandal Becomes a Turning Point Section 1: Why Sarbanes-Oxley Was Needed Section 2: The Architecture of SOX Section 302 – CEO and CFO Certification Section 404 – Internal Control Over Financial Reporting (ICFR) Section 802 – Criminal Penalties for Document Destruction Section … Read more
Dutch polder model governance: a uniquely Dutch invention Topics hide Dutch polder model governance: a uniquely Dutch invention The essence of poldering From cooperation to stalemate Poldering then and now Then: the early 1980s Now: the 2020s Inertia in healthcare and government Companies and the illusion of soft controls The farmers’ protests: a stress test … Read more
ASML governance history – the start Topics hide ASML governance history – the start 1. Origins: Philips’ Reluctant Child 2. The Japanese Era (1980s–1990s) 3. The American Model: Specialization Wins 4. ASML’s Breakthrough (1995–2010) 5. EUV: The 20-Year Bet What is EUV? Everyday analogy 6. By Approximation: Market Leaders Over Time 7. Geopolitics and Governance … Read more
Funding of retirement benefits Funding is the transfer of assets to an entity (the fund) separate from the employer’s entity to meet future obligations for the payment of retirement benefits. IFRS terms or definitions come from the Official Journal of the European Union (© European Union, https://eur-lex.europa.eu). Individual jurisdictions around the … Read more
A joint venture is a joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the arrangement. IFRS terms or definitions come from the Official Journal of the European Union (© European Union, https://eur-lex.europa.eu). Individual jurisdictions around the world may require or … Read more
Not the end of the world governance lessons – the debate on climate change has become noisy, fragmented and often polarised. Scientists present alarming data, activists warn that the clock has run out, politicians stall or compromise, and businesses oscillate between ambitious promises and hesitant action. For boards and supervisory councils, this cacophony creates confusion … Read more
Φ – IoT governance washing machine – At first glance, the washing machine is a simple device: a drum, some water, detergent, and a programme. But in the era of the Internet of Things (IoT), it becomes much more. It collects data, communicates with suppliers, predicts maintenance needs, and can even reorder detergent automatically. What … Read more
Step 4 – Information & Communication: The Nervous System of COSO Executive Summary Step 4 – COSO Information and Communication If risk assessment is the radar and control activities are the brakes and steering wheel, information and communication are the nervous system of the organization. They transmit signals, coordinate action, and ensure the entire body … Read more
ANZ Bank misconduct fine 2025 – when the news broke in September 2025 that ANZ Bank had agreed to pay a record AUD 240 million fine for “widespread misconduct,” it did not just rattle the Australian financial sector. It reignited an uncomfortable global debate: why do large banks, armed with sophisticated compliance frameworks and audited … Read more