Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
[…] authors said, “some investors, boards, and managers may jointly view corruption as an unavoidable cost of doing business in certain parts of the world, yet engage in cheap talk in an effort to reduce regulatory costs.” This good governance was more than simply tone at the top. It was also measured by board independence […]
Public corruption doesn’t happen in public. It needs dark places to flourish. That’s why the press can play a decisive role in fighting sleaze–just by shining light on it. So the announcement this week by the Chicago Tribune that it’s going all out to fight graft is welcome news. After all, one former Illinois governor, […]
This may be cheap science. But take a look at the seventeen Eurozone countries according to their rank on the 2010 corruption perception index.
[…] funding of terrorism. In doing so they are putting their own country and the rest of the world at risk. Russia has already accused Turkey of buying cheap terrorist oil. Whether this is true or not remains to be seen, and the accusations have to be viewed in the context of the ongoing conflict […]
[…] three decades of experience and plenty of scars to show for it, I say “beware” to companies and boards that still want to do compliance on the cheap with a gotcha attitude. Compliance 2.0 arose out real problems — from the collapse of Continental Bank (when I had my first job at another bank […]
[…] enforcement and cooperate in any investigation. Risk 5: Forced Labor in the Supply Chain This risk is especially great for companies that outsource production to countries with cheap labor supplies and insufficient legal protections for workers. The Obama Administration has made combatting forced labor a priority and DOJ has a number of criminal statutes […]
[…] NPAs, as corporate governance tools, “may be preferable to changes to federal law.” They explain, “Compared with more meaningful congressional governance reform, N/DPA-related governance reform is relatively “cheap” for corporations because comparatively few board and management positions are adversely affected. Furthermore, N/DPA-related governance reform is a measure supported by most corporate insiders as it […]
[…] in relation to bribery and corruption. Company leaders should make sure they understand all the risks they face in this regard before venturing offshore in search of cheap labor or new markets for their products. _______ Guy Underwood is the executive chairman and founder of the RISQ Group, one of APAC’s leading providers of […]
[…] Board member Zdenko Juricic has also been charged for his role in defrauding the state. A previous indictment saw Sanader being charged with forcing HEP to supply cheap electricity to Dioki, a petrochemical firm owned by his friend, Robert Jezic. Sanader also faces charges he took a $13.5 million bribe from MOL in exchange […]
[…] former partner in the Democratic Republic of Congo, Dan Gertier, has denied that his ‘close relationship with the country’s president, Joseph Kabila, allowed him to buy interests in the country’s mining assets on the cheap,’ the Guardian said. __________ Our thanks to a reader who alerted us to the SFO’s April 25, 2013 announcement. https://fcpablog.com/wp-content/uploads/2013/04/Screen-Shot-2013-04-26-at-11.04.38-AM.png
