After minding American Express' bottom line as comptroller and as a division CFO, corporate finance chief Dan Henry doesn't worry as much about the economy as he does about issues he can control.
More companies are voluntarily enacting polices requiring errant executives to return cash and stock incentives if erroneous reporting leads to a restatement.
In uncertain times where even the Fed is taking unprecedented steps in efforts to jump-start the economy, finance executives need help. In this and two following stories, economists weigh in on credit risk, global inflation and profit potential.
With consumers now cutting back on purchases, causing pain throughout the economy, corporate bankruptcies are on the rise. Companies need to use hedging tools now more than ever.
Treasurers and C-level executives have gone from greedy for yield to cautious about liquidity, and in the last six months have shifted their cash and short-term investments to bank deposits, money market mutual funds and treasury bills.
