4 for Thursday

There were four pieces in today’s WSJ relevant to governance or information governance, or both.

“Currency Trading Data Hint at Leaks in U.K.,” The Wall Street Journal, April 27, 2017 B1. Indications that some investors are getting a sneak peek at UK statistics before they are published.  Does this go to access or to the calculus of the value of information including a factor for timeliness?

“FCC Chief Rails At Net Neutrality,” The Wall Street Journal, April 27, 2017 B1.  Is the government right in trying to control how information is accessed over the internet, or how (high-speed) access to that information is priced?  Who governs the internet, if any one?

“United Cites Litany of Failures,” The Wall Street Journal, April 27, 2017 B1.  CEO says “‘We let our policies and procedures get in the way of doing the right thing.'”  CEO also to give up his role as Chairman of the Board. A CEO taking accountability for the actions of employees on his watch – remarkable.  United also took out full-page ad.  Intersection of governance and crisis management.

“Hedge Fund Bets on ‘Big Data,'” The Wall Street Journal, April 27, 2017 B11.  Investments in analytics to identify profitable trades.  Timeliness of information is a factor in the value of that information.

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Filed under Access, Analytics, Board, Business Case, Compliance, Controls, Corporation, Directors, Duty, Duty of Care, Employees, Governance, Government, Information, Internal controls, New Implications, Oversight, Oversight, Protect assets, Risk, Third parties, Value

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