Defending its management of Telecom Italia (TIM), Elliott stated TIM’s board has only partially adopted its recommendations. Vivendi, TIM’s top shareholder, and Elliott have fought to control Tim’s board. In the article below, Elliott defends its stands and points out… Read More ›
recommendations
Financial Reporting Council (FRC) accepts tougher measures against poor financial reporting by the Big Four audit firms
Although the measures adopted by the FRC are strong, in comparison to penalties imposed by Britain’s Financial Conduct Authority they are still small. On Monday, in a significant development, the Financial Reporting Council (FRC) disclosed that it has accepted the… Read More ›
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