NEWS

Financial / Investment

Biggest Sovereign Wealth Fund Proposes to Curb CEO Bonus Plans

Business

Category: Financial / Investment

Norway’s $915 billion wealth fund proposed reining in long-term incentive packages for chief executive officers, saying a “substantial proportion” of pay should be provided in shares that are locked in for as long as 10 years. Pay practices should also be simple and avoid putting undue strain on corporate governance and allotted shares shouldn’t have […]

Source: Bloomberg

Published: July 4, 2017


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Easter Read: The trillion-dollar difference

Business

Category: Accounting / Financial

Although organizations put technology in the spotlight in the future of work, it is, in fact, human capital that holds the greatest value for organizations now and in future, new Korn Ferry Hay Group research finds. An economic analysis commissioned by the firm and conducted by the Centre for Economics and Business Research finds that […]

Source: Korn Ferry


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Digitalization is the future: Norway prepares to be a Digital Age leader

Business

Category: Financial / Investment

The rapid advances in technological capabilities, combined with global growth of entrepreneurism and the “sharing economy,” bring many new opportunities for Norway. However, there can be challenges as new digital competitors compete with traditional corporations in all industries, and today’s buyers demand engaging digital access to what they need when they need it. Welcome to […]

Source: Norwegian American


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Norwegian Bank DNB Sells Its Share of Dakota Pipeline Funding

Business

Category: Energy

Norwegian bank DNB has sold its share of loans funding the Dakota Access oil pipeline, it said on Sunday, ending its involvement in a project that has faced strong opposition from Native Americans and environmental groups. DNB announced in November that it would review its participation in the financing of the Energy Transfer Partners LP […]

Source: Fortune


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Norway’s wealth fund may blacklist firms over emissions, corruption risk

Business

Category: Financial / Investment

The ethics watchdog for Norway’s $900-billion sovereign wealth fund will recommend this year that the fund exclude or put on a watch list several firms in the oil, cement and steel industries for emitting too much greenhouse gas. Carbon emissions are a new criteria for the fund, which was built up from the proceeds of […]

Source: Reuters


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