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Shadow AI Lands on the SEC’s Radar

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“Shadow AI” may well be the coolest-sounding corporate risk factor you will ever hear of—one that would work nicely on the spine of a Tom Clancy novel. In reality, though, the risk is more routine and pervasive than it is exotic. And as the...

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Tariff Refunds: A Tale of Two Accounting Approaches

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Last month we looked at the prickly issue of how companies are accounting for tariff costs. The accounting questions on the other side of that ledger—what do you do when you might get your money back?—turn out to be equally thorny. After th...

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Five Potential Impacts of Semiannual SEC Reporting

five wooden arches

If you don’t run a public company, the idea of shifting from quarterly to semiannual financial reporting may sound like a classic case of a solution in search of a problem. There was nothing obviously broken about the system that generated...

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SpaceX Goes Where No Issuer Has Gone Before

SpaceX Dragon satellite orbiting Earth

Elon Musk has never had much patience for corporate governance conventions, and SpaceX’s anticipated IPO only underlines the point. According to a Reuters report, SpaceX’s bylaws would require shareholders to “irrevocably and unconditionall...

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diverging paths

Companies Take Different Routes on Tariff Adjustments to Exec Pay

diverging paths

Tariffs didn’t just hit company earnings last year. They also hit the performance metrics that determine executive bonuses. This has forced compensation committees to make uncomfortable calls about whether to ignore the impact of tariffs in...

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