Risk Management: Page

Surging inflation compelling small businesses to raise prices

Inflation is broad based – flaring in every sector – and will probably persist longer than initially expected, the U.S. Chamber of Commerce said.

By Jim Tyson • March 29, 2022

Twilio engineers tipped usage metrics to friends, SEC charges

Supporting the accounting team on billing gave software specialists an early look at an upcoming business spurt from the rise of remote work, which they used to make big stock gains. 

By Robert Freedman • March 29, 2022

Explore the Trendline➔

Top 5 stories from CFO Dive

To stay competitive many CFOs are focused on balancing AI’s risks and opportunities while also adjusting to fast-changing tariff policies and labor markets.

By CFO Dive staff

Cyber extortion surges 78% on spread of 'ransomware-as-a-service'

Ransomware attacks are becoming more sophisticated and, at most companies, require a recovery period of more than a month, according to Palo Alto Networks.

By Jim Tyson • March 28, 2022

Data pose biggest hurdle to ESG disclosure: Deloitte

Gathering credible data on greenhouse gas emissions by suppliers and other third-party business partners has emerged as one of the most difficult steps in sustainability reporting.

By Jim Tyson • March 25, 2022

Biden tightens Russia sanctions as supply chain recovery falters

The prices of oil, metals and other commodities have surged since the start of Russia’s invasion of Ukraine, complicating efforts by CFOs to overcome the harm from supply chain disruptions.

By Jim Tyson • March 24, 2022

Companies must venture into 'jungle' of approaches to ESG ratings

CFOs committed to providing sustainability disclosures confront a confusing variety of inconsistent standards and measurements, according to a panel of experts.

By Jim Tyson • March 23, 2022

SEC proposes ‘rules of the road’ for climate-risk disclosures

Investors with $130 trillion in assets under management have pushed for consistent, comparable disclosures on climate risk, SEC Chair Gary Gensler said Monday.

By Jim Tyson • March 21, 2022

Fairness opinion could give SPAC target companies peace of mind

The legal tactic mitigates the management headache that can occur after the de-SPAC transaction if there’s a conflict between the sponsor of the special purpose acquisition company and its investors.

By James Hanson • March 21, 2022

UMass CFO on how his team overcame monthlong payroll system shutdown

UMass Memorial Health had to quickly improvise a way to run payroll for more than 16,000 employees without hours-worked data, CFO Sergio Melgar told HR Dive.

By Ryan Golden • March 21, 2022

Shell faces lawsuit as SEC prepares carbon crackdown

The SEC plans Monday to announce a proposed rule for carbon emissions disclosure just days after Shell came under fire from activists saying it needs a solid strategy to curb climate risk.

By Jim Tyson • March 18, 2022

'Fourth-party risk' rising during supply chain disruption

Businesses seeking to curb the threats from cyberattacks, high inflation and pandemic interruptions confront an added layer of risk from sub-contractors, KPMG said.

By Jim Tyson • March 17, 2022

Inflation gauges rising as Fed weighs cutting stimulus

Russia’s invasion of Ukraine has spurred inflation and complicated efforts by the Federal Reserve to curb price gains without harming employment and economic growth.

By Jim Tyson • March 15, 2022

Risks persist with some LIBOR legacy contracts: Fitch

Recently passed federal legislation may not avert disruptions from some financial contracts linked to LIBOR that need to adopt a new benchmark rate.

By Jim Tyson • March 14, 2022

CFOs hold pay raises far below inflation despite war for talent

CFOs are spurring resignations by letting inflation far outpace wage gains. They can take steps to improve employee retention even as prices increase at the highest rate in four decades.

By Jim Tyson • March 11, 2022

Quitting workers seek higher pay, advancement: Pew

Workers have quit at a record rate as the tight labor market bolsters their confidence in landing better jobs.

By Jim Tyson • March 10, 2022

SEC pushes for tougher cybersecurity disclosure rules

SEC Chair Gary Gensler said investors demand more detailed information about how companies seek to curb the risk and costs of cyberattacks.

By Jim Tyson • March 9, 2022

Small businesses see inflation as No. 1 challenge

The highest inflation in four decades has eroded profit margins and compelled small businesses to raise prices, the National Federation of Independent Business said.

By Jim Tyson • March 8, 2022

Senators introduce bipartisan bill to avert LIBOR turmoil

The Senate and U.S. House are nearing alignment on legislation that would head off instability from financial contracts that fail to identify a new reference rate after LIBOR sunsets in 2023.

By Jim Tyson • March 7, 2022

Kyiv Independent CFO taps crowdfunding for Ukrainian journalists

“We needed to have resources to be able to support media immediately because in this kind of situation … hours matter, sometimes minutes,” said CFO Jakub Parusinski.

By Maura Webber Sadovi • March 7, 2022

Workforce disclosures surge amid pressure for diversity

Although companies are revealing more about employee race and ethnicity, their reports are not standardized and are often spotty, JUST Capital said.

By Jim Tyson • March 4, 2022

Fed stimulus pullback on track despite Russian invasion, Powell says

The Federal Reserve will likely begin raising the main interest rate from a record low this month while mindful of the need to “add to financial stability, not to create uncertainty,” Fed Chair Jerome Powell said.

By Jim Tyson • March 2, 2022

Class action embroils Wells Fargo commercial real estate underwriting practices

A judge is set to rule on the bank's motion to dismiss the complaint, which names the company, ex-CEO Tim Sloan and former CFO John Shrewsberry among the defendants.

By Maura Webber Sadovi • March 2, 2022

CFOs should prepare for stronger ESG shareholder pressure: EY

CFOs and directors need to prepare for the 2022 proxy season as institutional investors turn up the heat on efforts to ensure companies embrace sustainable business practices.

By Jim Tyson • March 1, 2022

Forecasters see 'major risk' of wage-price spiral

Economists have grown more pessimistic about inflation over the next three years, citing higher wages and supply chain disruptions, NABE said.

By Jim Tyson • Feb. 28, 2022

Boards face more challenging 2022 proxy season on ESG

Company leadership should enter the proxy season ready to handle numerous shareholder proposals on sustainability and such political activities as lobbying and campaign contributions, the Conference Board said.

By Jim Tyson • Feb. 25, 2022