Recently Added - Boardmember.com

Corporate Governance Done Right

Boardmember.com — Fri, 12 Mar 2010 15:13:15 GMT

Corporate Board Member spoke with Aflac’s Chairman and CEO, Daniel P. Amos, about good governance, succession planning, his degree in risk management, and how social media fits into the business strategy.

Global Ethics and Compliance hot topics

Boardmember.com — Fri, 12 Mar 2010 14:24:10 GMT

Global Ethics and Compliance hot topics

Global Ethics and Compliance title

Boardmember.com — Thu, 11 Mar 2010 16:19:38 GMT

Global Ethics & Compliance

Criminal in the Mirror

Boardmember.com — Thu, 11 Mar 2010 16:14:56 GMT

The question you should be asking yourself is not, "Do I think what I am doing is dishonest?" Rather it should be, "Do I think that the average person would think that what I am doing is dishonest?"

Make Spending Your Shareholders’ Money a Matter of Ethics

Boardmember.com — Thu, 11 Mar 2010 16:02:29 GMT

An amazing thing happened on the way through the global financial crisis: companies realized how much of their shareholders’ money they were really wasting. This crisis was so brutal—like nothing any of us had ever experienced, we kept reminding ourselves in a comfort-food sort of way—that it wasn’t enough just to fire a bunch of people.

Corporate Responsibility and Social Media

Boardmember.com — Thu, 11 Mar 2010 15:42:07 GMT

Corporate Responsibility and Social Media 2010 03 11Indeed, corporate responsibility— which, broadly speaking, encompasses the theories and practices of corporate social responsibility, sustainability, corporate citizenship, ethics, issues advocacy, environmentalism and or community relations— and social media have both made their

Making the Case for Compliance Programs at Privately-held Companies

Boardmember.com — Thu, 11 Mar 2010 15:28:02 GMT

Those who argue that privately-held companies do not need to concern themselves with compliance are dangerously misguided. There are a number of reasons a company would want to have an effective compliance program.

Best Practices in Code of Conduct Development

Boardmember.com — Tue, 09 Mar 2010 16:29:24 GMT

A properly assembled and distributed code of conduct is the single most effective and impactful part of any compliance and ethics program. Such a code is a written record of not only an organization’s expectations, but also its ethical culture, fulfilling the first hallmark set forth by the Federal Sentencing Guidelines (FSG).

Corruption - Why Should Companies Care?

Boardmember.com — Tue, 09 Mar 2010 16:13:05 GMT

Corruption, the abuse of entrusted power for private gain, is the single greatest obstacle to economic and social development around the world. It distorts markets, stifles economic growth, debases democracy and undermines the rule of law. It is estimated that the cost of corruption equals more than 5 percent of the global GDP (US$2.6 trillion), with over US $1 trillion paid in bribes each year. But isn’t corruption a problem for governments to solve?

The Role of Business Ethics in Tone from the Top

Boardmember.com — Tue, 09 Mar 2010 15:51:33 GMT

Tone at the top, a much discussed term, is vital and necessary, but it is not sufficient for an ethical culture. For that, a strong tone needs to be reinforced, up and down the corporation, with defined processes, procedures, and examples.

The Role of Business Ethics in Organizational Culture

Boardmember.com — Tue, 09 Mar 2010 14:55:42 GMT

Our strong commitment to our six Core Values – Safety, Quality, Integrity, Diversity, Innovation and Sustainability – governs everything we do at Parsons, says Charles Harrington, chairman and CEO. Our Core Values are the very beliefs that form the culture of our organization, that make us who we are, that form the basis for all of our decisions.

Brand Promise

Boardmember.com — Tue, 09 Mar 2010 13:59:36 GMT

A company's brand is one of its most valuable assets, and it needs to be protected accordingly. An expanding global marketplace, coupled with ever popular technologies such as video-sharing websites and social networking, bring daily threats to corporate brands everywhere. The best companies are investing in their ethics programs to help protect against these threats and strengthen their valuable brands.

The Role of Business Ethics in Employee Engagement

Boardmember.com — Mon, 08 Mar 2010 18:59:38 GMT

While there is a strong link, both ethical behaviors and employee engagement are at risk. What we see happening, across hundreds of thousands of employees at the world’s largest companies, is a perfect storm brewing composed of three different factors.

The Role of Business Ethics in Relationships with Customers

Boardmember.com — Mon, 08 Mar 2010 18:31:05 GMT

When discussing the relationship between ethics and customers, you first have to ask yourself, “Can an organization really influence customers with the way that it conducts its business?” CEO of Clorox Don Knauss' answer to that question, having been in this business about 28 years, is yes.

Holding the Line: It's Time to Confront Our Cheating Culture and Begin Leading with Our Values

Boardmember.com — Mon, 08 Mar 2010 18:04:03 GMT

Where there are written ethical standards that are backed up by training, a properly staffed office and reporting mechanisms in place, employees report a lower level of misconduct, less pressure to compromise ethical standards and higher percentage of reporting when violations do occur.

One Destination, Many Paths: The Anti-bribery Thicket

Boardmember.com — Mon, 08 Mar 2010 18:03:07 GMT

New or updated laws criminalizing the bribery of domestic and foreign public officials are sprouting up everywhere. It sounds like we should be nearing the mythical “level playing field,” but while uneven and erratic enforcement remains the greatest obstacle, another dilemma lies buried in the globalization of antibribery laws.

Feinberg: Reining In Wall Street, Listening To Main Street

Boardmember.com — Mon, 08 Mar 2010 17:16:28 GMT

Kenneth Feinberg, special master for executive pay for the Troubled Asset Relief Program, says the move for some non-TARP public companies to curb their executive compensation is a positive one.

Reporting Performance on Gender Equality: A Core Issue for CEOs

Boardmember.com — Mon, 08 Mar 2010 16:53:19 GMT

The integration of gender-related information into communicating overall performance on environmental, social, and governance issues through a sustainability report is a crucial factor in organizations’ accountability to women. It can allow all interested stakeholders to gain insights into the effects of organizations’ operations, products, and services on both women and men.

Take Five: Integrating Financial and Non-Financial Reports

Boardmember.com — Mon, 08 Mar 2010 13:40:06 GMT

Consider this: a report that isn't confined to a piece a paper, that contains financial and non-financial information, that is shareholder friendly, and interactive. It's One Report, and it's here.

Global Ethics and Compliance article title

Boardmember.com — Thu, 04 Mar 2010 20:35:29 GMT

Expanding Ethics' Role on Boards

Boardmember.com — Thu, 04 Mar 2010 20:14:08 GMT

We at the Ethisphere Institute applaud the SEC’s recent effort to expand and clarify corporate governance and compensation disclosures. When companies provide further and understandable transparency about these transactions, investors will be able to make better decisions. We would like to specifically focus on the role of the board in risk management, compensation disclosure on business units that are significantly more profi table than others within a corporation, and director background disclosure.

Who Has Final Responsibility for Creating Your Board Meeting Agenda?

Boardmember.com — Thu, 04 Mar 2010 17:55:11 GMT

While the CEO handles this at the majority of companies, there are also others who perform this task.

Toyota Crisis: Directors, Take Note

Boardmember.com — Thu, 04 Mar 2010 14:34:29 GMT

Toyota’s recent car crisis—and its PR crisis—surely offers a lesson for board members.

The Customer is King: Improving Customer Experience in a Service-Focused Economy

Boardmember.com — Thu, 04 Mar 2010 14:22:11 GMT

Most executives and board members understand that customer acquisition is significantly more costly than customer retention—as high as 700 percent—and an organization’s profitability can increase up to 95 percent by improving the customer retention rate by only five percent.

SEC Votes 3-2 to Adopt Alternative Uptick Rule

Boardmember.com — Wed, 03 Mar 2010 20:54:50 GMT

The Securities and Exchange Commission voted 3-2 to adopt a short sale-related circuit breaker solution (the "Alternative Uptick Rule") to limit excessive short selling pressure on individual stocks.

Sold! RiskMetrics

Boardmember.com — Tue, 02 Mar 2010 13:59:34 GMT

MSCI Inc., an investment analysis outfit, plans to buy RiskMetrics for $1.55 billion, according to Reuters.

Clawbacks Ramping Up

Boardmember.com — Mon, 01 Mar 2010 16:23:08 GMT

Clawback provisions, policies that generally require executives to pay back money that was received in a year that financial restatements were made, are on the upswing.