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Reflections on corporate governance following Clerys closure

The sudden closure of department store Clerys in June 2015 raises some interesting corporate governance issues, writes Niamh Brennan, Michael MacCormac Professor of Management at University College Dublin (UCD). By way of background, Clerys is a department store in Dublin’s main street, O’Connell Street. Until recently it was a family-owned business, having been established in…

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EMC and Vodafone launch industrial internet of things platform developed in Cork

Tech multinational EMC has developed an innovation platform from its Cork base specifically designed for industrial internet of things (IoT) development, in partnership with Vodafone Ireland. Involving an initial €2m investment and called Infinite, this is the first large-scale Industrial Internet Consortium (IIC) approved industrial IoT innovation platform in Europe. The platform is spread across…

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BNY Mellon and Brendan O’Carroll win top philanthropy awards

BNY Mellon and comedian Brendan O’Carroll have been recognised for their philanthropic efforts at the seventh Philanthropic of the Year awards. Run by The Community Foundation for Ireland, the awards were established to recognise the extraordinary generosity and leadership of philanthropists in the country. BNY Mellon won Corporate Philanthropist of the Year for its work…

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The art of persuasive communication

Conor Neill, programme director for a new programme from Smurfit Executive Development at the UCD Michael Smurfit Graduate Business School on this month entitled ‘Influence and Persuasive Communications’, provides ten tips that differentiate powerful speakers from the rest. Practise beforehand Rehearse out loud. Work to control filler words. Use a clock to check your time,…

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Tyndall and TSSG targeting €82m in funding and 10 spin outs with internet of things partnership

Tyndall National Institute and Waterford Institute of Technology’s Telecommunications Software & Systems Group (TSSG) have signed a memorandum of understanding (MoU) that will seek to draw down €82m of funding available through the EU’s Horizon 2020 programme and create 10 spin outs. The MoU will formalise a partnership between the two research institutions to create…

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What is corporate governance?

In the first of a regular series, UCD’s Prof Niamh Brennan explains what the term corporate governance means. The word governance comes from a Latin word – gubernare – which means to steer. Cicero wrote “he that governs sits quietly at the stern and scarce is seen to stir”. Thus my colleague, Dr Collette Kirwan,…

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