pros and cons

Third Party Compliance Systems: Are They Worth It?

Posted by - January 30, 2018
According to new research from The Risk Advisory Group, third party risk is the number one priority for compliance professionals in 2018. In order to manage their third party relationships efficiently and mitigate the risk, compliance professionals are increasingly turning to technology to help. But what are the benefits and what is…
Bills could hamper transparency, put investors at risk

2 House Bills That Could Harm Investors

Posted by - October 17, 2016
Investors must remain vigilant in tracking and opposing proposed legislation that pursues policies that are inconsistent with their best interests. Two current examples of proposed anti-investor legislation are H.R. 5311 and H.R. 5424. The Council of Institutional Investors is publicly opposing both bills.

The New Role of the CCO: Good News and Bad News

Posted by - June 5, 2015
Which do you want to hear first? It seems the role of the CCO has gained steadily in influence, but there's progress to be made yet. CCOs must be viewed and treated as business partners in their organizations, which means they've got to make building relationships with other business partners…

Communicating Voluntary Disclosure of Corporate Political Spending

Posted by - October 3, 2014
In recent years, restraints have been lifted somewhat with regard to corporate political spending, but, in response to increased pressure from the public, lobbying and political spending disclosure may very well be making a comeback. This being the case, organizations should have a good understanding of how disclosure should be…

Fraud and Bribery – They Go Hand in Hand

Posted by - September 12, 2014
Bribery doesn't exist in a vacuum. In order for funds to change hands improperly, the bribing party needs access to those funds and a way to disguise how they're truly being used. Meaning: if there's fraud going on in your organization, internal controls are quite possibly lacking and your internal…

5 Essential Improvements to Corporate Governance

Posted by - August 22, 2014
Achieving a corporate culture focused on ethics and compliance doesn't happen by accident. It takes a concerted effort from the Board of Directors, CEO and CCO, who all must understand the importance of a strong E&C program and be committed to championing the notions. Michael Volkov offers five key ways…

Is More Corporate Governance the Answer? (Part 1 of 5)

Posted by - August 12, 2014
From 1934, the year marking the passing of the Securities Exchange Act, and 1977, no major corporate reforms were passed. In the past 30 years, however, the situation changed dramatically. Huge corporate scandals, including Enron, WorldCom, Bear Stearns and Siemens have led to sweeping reforms. Is this the trend now?…

Communications Challenges of the Valeant/Pershing Square Bid for Allergan

Posted by - July 10, 2014
In an effort to win over a majority of Allergan shareholders, both the parties angling for a takeover and the the company itself are mounting aggressive campaigns to make their cases. Due to some shady goings-on around the recent stock buy-up, Allergen is facing some considerable communications challenges, not the…

Fixing a Company’s Ethics and Compliance Culture

Posted by - June 20, 2014
In the aftermath of a serious violation, efforts to overhaul a company's culture of ethics and compliance may seem too little, too late. And can it even be done, anyway? With the right players at the helm it can. With the Board and the CEO jointly and sincerely championing change,…

“Sympathy” for the Board

Posted by - June 9, 2014
There's no question that Board members' jobs are tougher now than ever before. All the more reason to increase accountability; failures in governance often lead right back to the Board, and shareholders bear the brunt of the consequences. The flashier issues, such as CEO hirings, tend to draw their attention,…