Ernst & Young

Portrait for @tom
by @tom
2020-09-03T16:30:01+00:00
Business • Economy
Report: 45 of 58 Austrian publicly traded companies have all-male boards
Report: 45 of 58 Austrian publicly traded companies have all-male boards
Credit: unsplash.com / M. B. M.

According to a report from the consultancy Ernst & Young out of 58 Austrian companies that are publically traded at the stock exchange, only 13 have a female board member. In total out of 191 board members, only 14 are female.

Every fourth company does not fulfill the quorum of 30%.

Portrait for @ericof
by @ericof
2020-06-26T23:46:01+00:00
Business • Economy
Shareholders plans to sue EY over its role in the Wirecard scandal
Shareholders plans to sue EY over its role in the Wirecard scandal
Credit: Kaethe17 (Creative Commons Attribution ShareAlike 4.0)

The German shareholders’ association SdK announced Friday that it had filed a criminal complaint against accounting firm at EY over its role in the Wirecard scandal.

According to news magazine Der Spiegel, SoftBank is also planning to sue EY after investing 900 million euros in Wirecard last year.

EY, told CNBC late Thursday that "even the most robust and extended audit procedures" couldn’t uncover what it called a “collusive fraud.”