Duty of Directors in Preventing Corporate Wrongdoing

12/06/2007

Today, corporate directors are well advised to take a hands-on approach in the development, implementation and maintenance of effective internal systems for detecting and deterring illegal and unethical corporate conduct. After all, boards of directors are increasingly facing private lawsuits whenever their company engages in corporate wrongdoing (e.g., issuing false financial statements, violating the Foreign Corrupt Practices Act or backdating stock options).


To read the full article, click on the PDF linked below.

Duty-of-Directors.PDF

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