Tagged: Corporate board oversight of compliance program

Five Questions for Corporate Boards on Oversight of Compliance

Let’s face it – corporate boards are not adept at overseeing a company’s compliance program.  In the absence of a board member who has prior compliance expertise, corporate boards either ignore or struggle to fulfill their compliance oversight responsibilities. Corporate governance performance is suffering from this serious gap between compliance responsibilities and compliance capabilities.  Corporate boards are under increasing pressure to improve their performance, including...

Episode 24 — Corporate Board Reform

Episode 24 — Corporate Board Reform

The growth in ethics and compliance has had a dramatic impact on corporate actors, including the CEO, chief compliance officers, internal audit and chief financial officers.  The corporate board’s role in compliance continues to be deficient.  Corporate boards are in for a rude awakening — a new era of accountability for ethics and compliance is beginning. In this episode, Michael Volkov outlines the issues surrounding...