Alibaba Group Holding Ltd. will be governed by a partnership with exclusive right to nominate a majority of its board of directors, the company said yesterday, unveiling the details of a structure that kept it from pursuing an initial public offering in Hong Kong.
A U.S. probe of possible bribery in Mexico by a Wal-Mart Stores Inc. unit to boost store growth follows more than a decade of allegations that the company violated laws on illegal immigrant workers, overtime, gender bias and preservation of evidence in pursuit of larger profits.
Nov. 14 (Bloomberg) -- James Post, public policy professor at Boston University School of Management discusses a crackdown on sexual affairs in the executive suite and leadership positions. He speaks on Bloomberg Television's "In The Loop."
Goldman Sachs Group Inc.’s stock may drop and the board could come under pressure to change managers after European politicians followed a U.S. fraud suit with their own plans to scrutinize the firm, investors said.