Corporate Governance

 
 
  • Equifax Cyber Insurance Won’t Cover The Hit

    The expense of the breach could be “ multiples higher than the insurance payout” after the monumental hack...

    • Posted 4 weeks ago
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  • Are Spoof Victims Covered By Computer Fraud Insurance?

    Spoofing, sometimes known as “payment instruction fraud,” typically involves a phony invoice or an instruction to wire funds to an offshore account. These schemes, although rare, have become increasingly sophisticated and have bilked victims out of millions....

    • Posted 2 months ago
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  • No More Enrons: Why DOJ Doesn’t Prosecute Executives

    Many critics have assumed that after the financial crisis of 2008, despite overwhelming evidence of fraud, there was a conscious decision to back off on prosecuting executives – possibly because of the influence of Wall Street in the...

    • Posted 3 months ago
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  • The New ISO Anti-Bribery Standard

    Ensuring compliance with the Foreign Corrupt Practices Act and similar laws from foreign jurisdictions (e.g. the UK’s Bribery Act) is not just a matter of doing right. It’s a line item, and one that can be especially...

    • Posted 3 months ago
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  • Lawyer’s Presence Made Firing Deliberations Privileged

    The presence of an in-house lawyer on a company’s “Termination Review Committee” was enough to render the committee’s deliberations privileged, per a ruling in the Southern District of New York. A woman who had been fired from...

    • Posted 4 months ago
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  • Uber’s CEO To Take Leave of Absence

    Travis Kalanick, the tempestuous chief executive of Uber, will take a leave of absence from the ride-sharing giant just as it adopts new policies to improve its workplace environment. Though Uber has been enmeshed in a public...

    • Posted 4 months ago
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  • Sustainability Accounting Standards As The New GAAP

    A hundred years ago, basic corporate financials were considered nobody’s business but the company’s. It took the depression of the 1930s to begin seriously chipping away at that mindset. A milestone was reached in the 1970s when...

    • Posted 4 months ago
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  • Improve Compliance Programs to Avoid Government Investigations

    Government investigations by enforcement or regulatory authorities cost companies millions in legal fees and settlements and can become a major distraction, and worse. Employee misconduct is a factor in many of these cases, but it’s virtually impossible...

    • Posted 5 months ago
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  • GC Was Diligent But He Blew It, Says Columnist

    The investment advisory firm had been around for more than 30 years, burnishing a reputation for “for probity and integrity.” Now it’s defunct, after failing to weather a scathing SEC final order that cited the company for...

    • Posted 5 months ago
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  • Buffet: Healthcare Costs, Not Taxes, Cripple U.S. Companies

    Corporate leaders are misguided in their preoccupation with the issue of taxes, according to Warren Buffet. What’s stifling growth for U.S. companies and weighing them down in relation to their world competitors is the cost of U.S....

    • Posted 5 months ago
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