Making an ethical business decision is often straightforward. What’s hard is implementing that decision throughout the organization while fending off attacks from reputational predators (activists, bloggers, journalists, etc.). Business leaders need to take four key steps to bolster their E&C efforts.
The SEC has recently brought cases against national audit firms for audit failures – the first since 2009. This development signals a shift among regulatory agencies to hold financial gatekeepers more accountable. Candela Solutions’ Ron Kral offers five tips to help firms achieve maximal value from the external audit process.
Compliance is about NOT fitting in. Instead of being thought of as in line with or behind safety, security, sales, innovation and countless other issues a company needs to address, compliance needs to stand out and rebrand itself. Compliance training guru Nicole Rose offers several strategies for making compliance front of mind at your organization.
With international bribery and corruption investigations hitting new highs, the DOJ announced a pilot program urging companies to self-report violations of the FCPA by potentially offering a 50 percent discount on fines, the avoidance of a compliance monitor and maybe even a declination of prosecution. The program became effective starting April 5 for one year and applies to all FCPA matters handled by the DOJ’s Fraud Section.
Members of the Council of Institutional Investors in March adopted a new policy urging companies to use a one-share, one-vote structure when they IPO. CEOs of multiple-class structures often justify them as promoting management’s ability to pursue long-term investment in the face of short-term market pressures. But the results of this approach don’t support that reasoning.
Global expansions can be a strong revenue generator to mid-sized businesses when executed correctly. If you’re not sure where to begin, here are some key points to help ensure you don’t make any serious missteps while you grow your business internationally.
Corporate Compliance Insights is a professionally designed and managed forum dedicated to online discussion and analysis of corporate compliance, risk assessment, ethics, audit, and corporate governance topics. Additionally, Corporate Compliance Insights is a focused knowledge-sharing forum designed to educate and encourage informed interaction within the corporate compliance community. Corporate Compliance Insights is founded by Maurice Gilbert, managing partner of the Conselium Executive Search Firm, a compliance-focused executive search firm.