The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
Company Focus on the Risk of Third-Party Misconduct — A New Strategic Consideration

Companies may increasingly find themselves accountable both in courts of law and public opinion for third-party behavior. However, attempting to control supplier conduct is fraught with potential risks, most importantly that of enforceable third-party beneficiary rights. To minimize litigation, companies should try to avoid assuming responsibilities they are incapable or unwilling to meet and/or include language in supplier codes and contracts disclaiming the creation of third party rights.

Support Our Work

Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.