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A Jarring Global AI Governance Deficit: ChinaAMC’s report calls for greater AI stewardship

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A new study of tech firms reveals a major gap between high AI utilization and active risk management, calling for “Responsible AI” stewardship.

BEIJING, July 17, 2026 /PRNewswire/ — While 92% of China-listed tech companies mentioned AI-related keywords in their sustainability reports, only 22% explicitly addressed specialized AI governance, according to a latest report by China Asset Management Co. (ChinaAMC). The gap between “high AI usage” and “low AI governance discussion” is not confined to China, but is a global phenomenon that warrants attention.

Text-mining analysis of the 2025 ESG reports of China’s STAR 50 index constituents reveals that while 49 of the 50 firms mentioned data security, privacy protection and cybersecurity, and 48 generally touched upon “science ethics”, only 11 talked about “AI ethics”, “responsible AI”,”AI risks”, according to the report jointly released by ChinaAMC and ZD Proxy, a proxy advisor firm. A parallel study by UNESCO found similar gaps globally.

This is one of several findings of the report. Launched during the high-profile World Artificial Intelligence Conference(WAIC 2026), the report echoed WAIC’s focus on “Responsible AI” and unpacked the ESG-related opportunities and risks brought about by the AI wave across the E, S, and G dimensions, with a particular focus on identifying the effective practices among enterprises, regulators, and investors. Below are our core findings:

Environmental (E): Green computing is a definitive, long-term secular trend.

Based on our observations and interviews, leading enterprises have widely incorporated the continuous optimization of computing energy efficiency into their client contracts as a hard requirement. Green computing is shifting from a “nice-to-have” benefit to a mandatory “barrier to entry.” Although still in its infancy, the direction of this trend is certain, offering long-term structural opportunities for the industry.

Social (S): Large-scale job restructuring rather than sheer displacement.

Certain roles are indeed disappearing—particularly technical, entry-level positions. A report by Anthropic revealed that for jobs highly exposed to AI, entry rates for young professionals aged 22–25 dropped by more than 10% relative to 2022 levels, while their counterparts over 25 saw no equivalent change.”

However, other studies found client-facing capabilities, domain-specific know-how embedded in actual workflows, and interpersonal people skills remain difficult to replace. In these areas, AI acts more as an enhancer than a replacement. Furthermore, we find that the actual consequences of this social transition are not dictated solely by the technical boundaries of AI; corporate strategic attitudes play an equally vital role. When enterprises position AI as a “multiplier of employee capabilities,” they can effectively drive workforce empowerment and job restructuring, achieving a long-term win-win for labor value.

Governance (G): Most enterprises prioritize application over governance, while regulatory frameworks are taking shape.

Text-mining analysis of the 2025 ESG reports of STAR 50 index constituents reveals that while 92% mentioned AI-related keywords, only 22% explicitly addressed specialized AI governance. This gap—characterized by “high AI usage, low governance discussion—reflects a current governance deficit.

Meanwhile, the world’s three major economies have carved out three distinct regulatory pathways: China balances development with security through agile legislation and rapid iteration; the European Union has built a stringent regulatory framework centered on risk classification; and the United States is experiencing a tug-of-war between federal deregulation and tightening state-level oversight.

Investor Action: “Responsible AI” is evolving from a niche pioneer initiative into a quantifiable, comparable stewardship agenda.

AI-related shareholder proposals continue to surge in the U.S. stock market, and investor attention is shifting toward addressing specific gaps in corporate governance structures. The number of AI-related shareholder proposals rose from 16 in 2023 to 26 in 2025. These AI governance resolutions garnered an average of approximately 30% support from independent shareholders, compared with 16% average support for general environmental and social proposals over the same period.

“Ultimately, we believe that the true impact of AI on ESG depends entirely on how the technology is designed, deployed, and governed,” said Shirley Xu, ESG research head of ChinaAMC. “ChinaAMC is actively building a ‘Responsible AI’ evaluation framework, systematically assessing tech companies from their governance structure, risk identification and assessment, and positive externalities.”

About ChinaAMC:

Founded in April 1998, China Asset Management Co., Ltd. (ChinaAMC) has grown to be one of the largest asset managers in China, with total AUM reaching RMB3.15 trillion (US$465.3 billion, including subsidiaries) as of the end of June 2026. It positioned itself as a full-service and versatile asset management platform that operates across asset classes, industries and regions. In 2017, it became the first full-service asset manager to sign the UN PRI in China. Since then it has conducted over 170 deep engagements with more than 70 Chinese companies. It attended more than 1,000 shareholder meetings in 2025 alone.

Disclaimer

Investment involves risk, including possible loss of principal. The information contained herein is for reference only and reflects prevailing market conditions and our judgment as of the release date, which are subject to change without further notice.

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CobbleStone Announces Upcoming Webinar With WSIPC Cooperative Purchasing On Enhancing Education Agreements

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July 17, 2026

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CobbleStone Software and WSIPC are hosting an exclusive joint webinar tailored specifically for those in the K-12 education community looking to improve their contract management processes July 23rd, 2026 at 1:00PM – 1:30PM.

PRINCETON, N.J., July 17, 2026 /PRNewswire/ — CobbleStone Software, a recognized leader in contract lifecycle management (CLM) and contract artificial intelligence, is pleased to announce an upcoming collaborative webinar with WSIPC Cooperative Purchasing, titled: Enhancing Education Agreements with CobbleStone Software & WSIPC Cooperative Purchasing. The experience is tailored specifically for K-12 education professionals who manage a high volume of vendor agreements, compliance mandates, and educational service contracts. It will take place July 23rd, 2026 at 1:00PM – 1:30PM.

The highly voluminous and complex contract management process that education-sector professionals face can feel like a balancing act. When contract management stalls, a domino effect occurs, with school budgets and on-the-ground classroom resources being at risk of toppling – resulting in myriad deleterious downstream effects for system systems, teachers, and students.

Luckily, K-12 organizations can rest assured that there is a solution to prevent such headaches: contract lifecycle management tools.

Professionals are encouraged to join Alex Carraro (Account Manager at CobbleStone Software) and Cynthia Gefeller (Contract Administrator at WSIPC) as they tackle education tech contracting solutions that power the sector, with industry-tailored CLM functionality that includes:

Generative AI functionality (chatbot, risk insights, contract sentiment analysis)AI-powered agentic redlining, negotiation playbooks, and auto-obligation tracking and task creation.A searchable, reportable contract repository.Flexible workflow agents and task alerts.Compliance guardrails and monitoring tools.Various system integrations.

Click here to register for the webinar and learn more.

“K-12 education leaders shape the minds of the irreplaceable young people that will go on to shape the workforce,” said Bradford Jones, Vice President of Sales & Marketing at CobbleStone Software.

“By empowering the sector’s legal, procurement, and administrative teams with the tools they need to uphold a strong foundation and strategy for K-12 education, we are honored to play a crucial role in a mission to build a more prepared, knowledgeable, and capable populace.”

Book a free demo to see CobbleStone in action today!

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight® – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering an agentic AI-powered experience, seamless integrations, ease-of-use, and high scalability. CobbleStone provides more intelligent contracts with VISDOM® artificial intelligence, agentic chatbot, machine learning, simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, and more.

Follow CobbleStone Software on social media:
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To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

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Forty Years in the Making: Lucky Mary Blonde Restores a Lost 1988 Concert Through the Power of AI

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July 17, 2026

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Band Releases First Two Singles from Long-Lost 1988 Live Recording Ahead of September 4 Album Release

ST. LOUIS, July 17, 2026 /PRNewswire/ — Nearly four decades after one of its final performances, Illinois alternative rock trio Lucky Mary Blonde is returning with new music from an extraordinary chapter in its history.

Today the band releases its first two singles, “700 Candles Burn” and “I’m a Romantic,” offering listeners the first preview of a newly restored live album recorded during one of the group’s final concerts in the fall of 1988. The complete album is scheduled for worldwide release on September 4, 2026, with two additional singles planned in the weeks leading up to the release.

Recorded at the legendary Gatsby’s music club in Carbondale, Illinois, the concert remained hidden on buried and aging cassette tapes for nearly 40 years before discovery and advances in AI-assisted audio restoration made it possible to recover and restore the performance for modern audiences.

Lucky Mary Blonde emerged as one of the Midwest’s rising college rock bands following the release of its debut album, Let the Moonlight Burn, in late 1987. The album earned regional college radio airplay and established the trio as a favorite throughout the Midwest, performing from Chicago to Memphis before the band unexpectedly disbanded in late 1988.

The restoration project began when St. Louis-based drummer John Baldus received a rediscovered original cassette recording of the concert, prompting him to launch a year-long restoration project with professional recording engineers and original band members, Florida-based Todd Baxter and Virginia-based Jerry Tilk. An unexpected, almost miraculous discovery of a second cassette from the same concert ultimately provided missing audio that helped transform the recording into a remarkably clear and authentic live album.

The finished collection features 16 live performances, including 11 songs never before released, along with five songs from the band’s debut album, Let the Moonlight Burn. Together, they capture Lucky Mary Blonde during its final months and preserve a remarkable chapter of Midwest independent rock history.

The first two singles, “700 Candles Burn” and “I’m a Romantic,” are now available on all major streaming platforms.

The complete live album will be released on September 4, 2026, on Apple Music, Spotify, Amazon Music, and other major digital music services worldwide.

About Lucky Mary Blonde

Lucky Mary Blonde was an Illinois-based alternative rock trio that gained a loyal following throughout the Midwest college music circuit during the late 1980s. Following the release of Let the Moonlight Burn in 1987, the band toured extensively before disbanding in 1988. Their restored live album documents one of the group’s final performances and preserves an overlooked chapter in independent college rock history.

Media Contact
Lucky Mary Blonde
Email: luckymaryblonde@gmail.com
Website: www.luckymaryblonde.com

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Brian Ganser Named Partner in Charge of Growing Advisory Practice

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July 17, 2026

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CLEVELAND, July 17, 2026 /PRNewswire/ — Cohen & Co has named Brian Ganser, MBA, partner in charge of advisory, effective July 13, 2026. In this role, Brian is responsible for the strategy, growth and operational performance of the firm’s Advisory Practice, including its Office of the CFO, Transaction Services and Valuation teams.

Brian has more than 25 years of experience leading and advising middle market organizations through periods of significant growth and transformation. As an entrepreneur, CEO and adviser throughout his career, he has worked alongside founders, management teams and private equity investors to accelerate growth, execute strategic acquisitions and navigate ownership transitions.

“We are excited to have Brian join our senior leadership team,” says Chris Bellamy, Cohen & Co CEO. “As we continue to expand our services to help clients improve performance, execute strategic initiatives and prepare for growth, Brian is the perfect fit both culturally and from a technical perspective to build on the group’s momentum and deliver results on a national scale.”

The firm’s Advisory Practice has seen significant growth, both organically and from recent M&A activity. Cohen & Co recently brought together its cross-functional expertise to formalize an Office of the CFO advisory service offering. The team supports finance leaders through technical and financial reporting, finance transformation and managed accounting services. The firm also has expanded its advisory expertise via various acquisitions since 2024: Tax & Wealth Management based in Cleveland, Ohio, focused on custom tax and accounting advisory services to family offices, ultra-high-net-worth individuals and corporate executives working internationally; Chicago-based Tassi and Company, focused on outsourced fund and partnership accounting, property management and development accounting, and construction draw accounting and tax services; and New York-based Gioffre & Company, focused on outsourced accounting, financial reporting and tax expertise.

Brian is based out of the firm’s Chicago office and serves on the Leadership Council of Special Olympics. He received his MBA from Indiana University Kelly School of Business and his B.A. from Millikin University.

About Cohen & Co
Named one of America’s Most Recommended Tax and Accounting Firms by USA TODAY and one of the Best of the Best Firms by INSIDE Public Accounting, Cohen & Co offers assurance, tax and advisory services to clients throughout the U.S. and worldwide. The firm serves a broad range of clients, from privately held companies and their owners; to public and private funds, advisers and fund service providers within the asset management industry; to Fortune 1000 multinational enterprises. Founded in 1977, Cohen & Co has 900 dedicated professionals across the U.S. and 15 offices in Colorado, Illinois, Ohio, Maryland, Michigan, New York, Pennsylvania and Wisconsin. Through affiliated entities, the firm also has a presence in the Cayman Islands and India. Learn more at cohenco.com. 

 ”Cohen & Co” is the brand name under which Cohen & Company, Ltd. and Cohen & Co Advisory, LLC, and its subsidiary entities, provide professional services. Cohen & Company, Ltd. and Cohen & Co Advisory, LLC practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Cohen & Company, Ltd. is a licensed independent CPA firm that provides attest services to its clients. Cohen & Co Advisory, LLC and its subsidiary entities provide tax, advisory and business consulting services to their clients and are not licensed CPA firms. The entities operating under the Cohen & Co brand are independently owned and are not responsible for the services provided by any other entity operating under the Cohen & Co brand. Our use of terms such as “our firm,” “we,” “us” and other terms of similar import denote the alternative practice structure of Cohen & Company, Ltd. and Cohen & Co Advisory, LLC.

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