Categories
Conferences

Salzburg Global Seminar: Corporate Governance in the Global Economy

Cristina Ungureanu participated at the October 2015 inaugural session of the new multi-year series of the Salzburg Global Forum on Corporate Governance. The event brought together in Salzburg 50 directors, senior managers, lawyers, judges, regulators, policy-makers, and academics from 16 different countries.

At the session, entitled Corporate Governance in the Global Economy: The Changing Role of Directors, participants were able to discuss their own professional experiences under Chatham House Rules, which provided a comfortable and open setting to share diverse and diverging opinions.

The session was hosted in partnership with BNY Mellon, Goldman Sachs, and Shearman & Sterling LLP, and was sponsored by Barclays, LIXIL, Deloitte Touche Tohmatsu, Mars, Potter Anderson & Corroon LLP, the state of Delaware, and Warburg Pincus, with additional support from the University of Pennsylvania.

More information about the session on the Salzburg Global Seminar webpage:

Salzburg Global Forum on Corporate Governance

The report from the session is available online:

Corporate Governance in the Global Economy: The Changing Role of Directors

Categories
Publications

Publications

Executive Remuneration. A Comparative Overview (with Guido Ferrarini), European Corporate Governance Institute (ECGI) – Law Working Paper No. 268/2014; draft chapter for the Oxford Handbook of Corporate Law and Governance (J. Gordon and G. Ringe eds.), Oxford University Press, Forthcoming – download

The Corporate Governance of Sovereign Wealth Funds, The Harvard Law School Forum on Corporate Governance and Financial Regulation, August 2014 – download

Board Evaluation: Notes from Europe, The Corporate Board, September/October 2013, Vol. XXXIV, 2013link magazine

Board Evaluation – A Window into the Boardroom, The Harvard Law School Forum on Corporate Governance and Financial Regulation – download

An Overview of the Executive Remuneration Issue Across the Crisis (with Guido Ferrarini), in “Boards of Directors in European Companies – Reshaping and Harmonising their Organisation and Duties”, Birkmose, Neville, Sørensen (eds.), 2013

Executive Remuneration Post-Crisis: The Impact of Reforms on European Large Listed Firms (with Roberto Barontini, Stefano Bozzi, Guido Ferrarini), in “Boards and shareholders in European listed companies. Facts, context and post-crisis reforms”, Belcredi and Ferrarini (eds.), Cambridge University Press, 2013 – download

Le prassi di remunerazione nelle banche dopo la crisi finanziaria. Le riforme nell’Unione Europea e negli Stati Uniti (with Guido Ferrarini), in “Annuario di Diritto Comparato e di Studi Legislativi”, 2012 – link to volume

Bankers’ Pay after the 2008 Crisis: Regulatory Reforms in the US and the EU (with Guido Ferrarini), 6 Zeitschrift für Bankrecht und Bankwirtschaft (ZBB) /Journal of Banking Law and Banking (JBB), December 2011 – link to paper

Contrasting EU Executive Pay Rules Evoke Need for Legislation (with Guido Ferrarini), Bloomberg Brief, Financial Regulation, 01 August 2011 – download Bloomberg

Lost in Implementation: The Rise and Value of the FSB Principles for Sound Compensation Practices at Financial Institutions (with Guido Ferrarini), Revue Trimestrielle de Droit Financier, N. 1-2, May 2011, pp. 60-65 download

Commento D.Lgs n. 259/2010. Politica di remunerazione degli amministratori delle società quotate Rivista delle Società, Giuffré editore, aprile 2011 – download

Lost in Implementation: The Rise and Value of the FSB Principles for Sound Compensation Practices at Financial Institutions (with Guido Ferrarini), ICFR-Financial Times Research Prize 2010 – download

Economics, Politics and the International Principles for Sound Compensation Practices. A View from Europe (with Guido Ferrarini), 64 Vanderbilt Law Review (US), 2011, pp. 431-502 – download

Executive Pay at Ailing Banks and Beyond: a European Perspective, (with Guido Ferrarini), Capital Markets Law Journal, vol. 5(2), 2010, pp. 197-217 – link to paper

Executive Remuneration in Crisis: A Critical Assessment of Reforms in Europe (with Guido Ferrarini and Niamh Moloney), Journal of Corporate Law Studies, Vol. 10, 2010, pp. 73-118 – link to paper

Unique Features in the Governance of Bankers’ Compensation (with Guido Ferrarini), Liber Amicorum in Honour of Theo Raaijmakers, Tilburg University, November 2009 – download

Understanding Directors’ Pay in Europe:  A Comparative and Empirical Analysis (with Guido Ferrarini and Niamh Moloney), ECGI Law Working Paper 126/2009 – download

Corporate Governance in the European Union: The Implications for Financial and Narrative Reporting (with Dragomir Voicu), Journal of International Business and Economics, Vol. 9, N. 1, 2009 – download

Fixing Bankers’ Pay in Europe: Governance, Regulation and Disclosure (with Guido Ferrarini), Proceedings of the Symposium on Building the Financial System of the 21st Century. An Agenda for Europe and the US; Unimanagement Torino, 27-28 March 2009 (Program on International Financial Systems, Harvard Law School) – download

Northern Rock: Crisis of a Mortgage Lender (with Vasile Cocris), Economic Anals, Al.Cuza University of Iasi, Vol. LV, 2008, p. 154 – download

Effective Systemic Players in the Corporate Governance of Banks. A Closer Look at Supervision FSR Forum, 1, Financial Studies Association Rotterdam, Erasmus University Rotterdam, The Netherlands, 2008, p. 27 – download

Evolution of Accounting and Financial Sector Regulation Within the European Union Policy (with Dragomir Voicu), 12th World Congress of Accounting Historians, Istanbul, July, 2008 (Proceedings) – download

Importance of Effective Regulation and Supervision for Banks’ Corporate Governance: European Integration Context, Proceedings: A Review of Comparative Governance Systems, Conference organised by The Wharton Financial Institutions Center, Amsterdam Center for Research in International Finance (CIFRA), Erice, Sicily, 2008 – download

Why Are Banks Special? An Approach From the Corporate Governance Perspective (with Vasile Cocris), Economic Anals, Al.Cuza University of Iasi, Vol. LIV, 2007, p.55-66 – download

Banks: Regulation and Corporate Governance Framework – Journal of Corporate Ownership and Control, Vol. 5, Issue 2, VirtusInterpress, 2008, p. 449 – download

European Central Bank: Between Financial Stability and Monetary Policy [Banca Centrala Europeana: Intre Stabilitatea Financiara si Politica Monetara] (Romanian), Financial Week, Romania, September 2007 – view article

The Corporate Governance of Banks – Proceedings: Corporate Governance & Global Stock Markets Summer Conference, Eltville, Centre for Financial Studies (CFS) Frankfurt, Germany, 2007 – download

Corporate Governance – A Global Challenge – Intersections Electronic Journal, Vol.3, No.6, Ed. Matei-Teiu Botez Academic Society, Iasi, Romania, 2006 – download

The Complexity of the Global Environment – Intersections Electronic Journal, Vol.3, No.6, Ed. Matei-Teiu Botez Academic Society, Iasi, Romania, 2006 – download

AGM: Will investors be able to vote electronically? [AGA: Vor putea actionarii vota pe Internet?], (Romanian), Markmedia, Marketing and Communication Online Magazine, Romania, 2006 – view article

How do we communicate with investors? [Cum comunicam cu actionarii], (Romanian), Markmedia, Marketing and Communication Online Magazine, Romania, 2006 – view article

Communication between cultures and generations [Comunicare intre culturi si generatii], (Romanian), Markmedia, Marketing and Communication Online Magazine, Romania, 2003 – view article

Internal communication, a successful factor for a communication firm (not exclusively…) [Comunicarea interna, factor de succes intr-o companie de comunicare (si nu numai…)], (Romanian), Markmedia, Marketing and Communication Online Magazine, Romania, 2003 – view article

Social investment, and important business component [Investitia sociala, o componenta importanta a afacerii] (Romanian), Markmedia, Marketing and Communication Online Magazine, Romania, 2003 – view article

A unique business: investor communication [O afacere inedita: comunicarea cu actionarii] (Romanian), Markmedia, Marketing and Communication Online Magazine, Romania, 2003 – view article

Towards Defining the Homogeneity Degree using the Informational Entropy (with Nicolae Ungureanu and Marcel Traistaru), Proceedings, International Symposium: Achievements and Perspectives in Constructions in the Academic Environment, “Teiu Botez” Society Publishing House, Vol. II, 2001, Iasi, Romania

Considerations on the Quality Determined by Several Attributive Characteristics (with Nicolae Ungureanu and Marcel Traistaru), Proceedings, International Symposium: Achievements and Perspectives in Constructions in the Academic Environment, “Teiu Botez” Society Publishing House, Vol. I, 2001, Iasi, Romania

Categories
Documents

Response to Consultation – European Banking Authority

Consultation to the European Banking Authority (EBA) (2015)

Response – EBA Consultation Paper on Sound Remuneration Policies (CRDIV) – forthcoming link to EBA

Categories
Massmedia

European Confederation of Directors’ Association (ecoDa) – 10th anniversary video

To celebrate its 10th anniversary ecoDa, with the collaboration of Sodali, created a video to talk about the association and the great work it did on the discussion about the professionalism of Directors.

It consists in a powerful synthesis of the Board of Directors nature, tasks and evolution, and sees the contribution of Cristina Ungureanu, Head of Corporate Governance Advisory at Sodali.

“What makes a good Board of Directors? An engaged Board – internally, with its management, and also externally, with its shareholders and stakeholders”.

See video

Categories
Conferences

6th Risk Management & Compliance Forum

Hellenic Management Association & Hellenic Bank Association

6th Risk Management & Compliance Forum – Hotel Grande Bretagne, Athens, 26th of June 2014

The financial crisis highlights the need for effective management and control of financial risks. This event  offered to executives the possibility to exchange experiences, know-how and thoughts related to Risk Management and Compliance with financial institutions. Representatives from companies, banks, insurance companies, regulatory authorities, institutional partners, consulting companies as well as IT providers will present and analyze the current situation, developments, new trends and the role of Risk Management and Compliance in the Greek and also the wider European financial sector.

Specifically, this year’s event focused on the following topics: Trouble Asset Management; CRD IV; Stress Test; Corporate Governance; Risk Appetite.

Cristina Ungureanu was the international speaker invited at this event and held a presentation on the developments in the EU Corporate Governance of Banks, with particular emphasis on the implications of the Capital Requirements Directive (CRD IV) on banks’ governance.

Link to event

Categories
Conferences

Participation at the 14th European Corporate Governance Conference and Experts Roundtable

The 14th Annual European Corporate Governance Conference and Experts Roundtable took place on 27th and 28th March in Athens, under the auspices of the Hellenic Presidency of the Council of the European Union. The main theme of the conference was “Can corporate governance contribute to long-term investment?”

The Experts Roundtable gathered 30 of Europe’s best, to brainstorm on the state of play and the future of Corporate Governance in Europe. The experts roundtable led by the European Commission was followed by a conference with practical insights, and three high- level workshops will take place from 27-28 March, 2014. The event was attended by institutional investors, board members and executive management, corporate governance bodies, regulators and practitioners.

Categories
Conferences Publications

Contributing to the Oxford Handbook of Corporate Law and Governance

Panelist at several session and presenter of Executive Remuneration Conference: Oxford Handbook of Corporate Law and Governance Conference, Columbia Law School and IRA Millestein Center for Global Markets and Corporate Ownership, New York, 21-22 March, 2014

Categories
Massmedia View from the top

Cristina Ungureanu joins Sodali as Corporate Governance Advisor

Cristina Ungureanu joins Sodali as Corporate Governance Advisor.

Press release

Categories
Conferences

Director’s Day –

The Institut Luxembourgeois des Administrateurs (ILA) organized the Second «Director’s Day» event on 21 November 2013 at the Chambre de Commerce, Luxembourg. Distinguished speakers shared their experience and expertise on latest hot topics in relation to corporate governance at European levels, with a particular focus on the practical implementation of the best governance for Boards of Directors of listed companies and investment funds.

Cristina Ungureanu opened the conference, presenting the current international ‘Say on pay’ framework. Ms. Ungureanu discussed the  regulatory framework for shareholder voting on remuneration and the implementation of such policies.

Categories
Conferences

Boardroom Effectiveness for Principled Corporate Governance & Sustainability

Indian Institute of Directors, The London Global Convention on Corporate Governance & Sustainability

Cristina Ungureanu, Corporate Governance Advisor of Sodali, is one of the panelist at the London Global Convention on Corporate Governance & Sustainability, organized by the Indian Institute of Directors on 1- 4 October 2013, at Hotel Tower in London. The aim of this Convention is “Boardroom Effectiveness for Principled Corporate Governance & Sustainability”.The aim of this Convention is to provide a deeper understanding of the individual elements that combine to create an effective corporate governance framework, as well as to provide thought leadership on a number of topical issues of governance and sustainability.

The annual Global Conventions on Corporate Governance and Sustainability, over the years, have captured the interest of the professional governance community worldwide. It traditionally attracts over 200 Business leaders, Directors, CEOs, academics, Sustainability experts, Company Secretaries, environmentalists, economists, legislators and policy makers. It features high-profile Keynote Addresses and Plenary Sessions.