From Enron To Lehman Brothers: Lessons for Boards From Recent Corporate Governance Failures
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Authors:
Frederick D. Lipman -
Publication Date:
March 2012
In order for boards to fulfill their oversight obligations, the organizations they serve must have robust whistleblower and compliance policies and programs to encourage reporting that can help identify risk exposures, fraud, or other illegal activity. This report identifies common pitfalls in many current whistleblower and compliance programs, and it offers recommendations on how audit committees can strengthen them.