When to Use the CEO as Crisis Spokesman

https://www.wsj.com/articles/when-to-use-the-ceo-as-crisis-spokesman-1516965013 Know­ing whether to de­ploy the chief ex­ec­u­tive as its pub­lic face dur­ing a cri­sis is a tricky ques­tion for a com­pany to an­swer but two re­cent re­search pa­pers say there are times when it is more ad­van­ta­geous to do so. The first pa­per, pub­lished in De­cem­ber in the Jour­nal of In­ternational Man­age­ment, found the … Continue reading When to Use the CEO as Crisis Spokesman

Board and Fraud: Understanding the Mind Behind the White-Collar Criminal

In one of his early short stories, F. Scott Fitzgerald famously wrote: “Let me tell you about the very rich. They are different from you and me.” Years later, when he recounted the line in a short story of his own, Ernest Hemingway added the equally famous reply, “Yes, they have more money.” Hemingway’s retort … Continue reading Board and Fraud: Understanding the Mind Behind the White-Collar Criminal

Marks’ Five Steps to Fighting Fraud with Professional Skepticisim

A healthy dose of professional skepticism is essential in fighting fraud, even if it goes against human nature to be skeptical of people we’ve come to trust. It’s important because someone interested in committing fraud will prey on trust. One of the key drivers is that we get comfortable with people. We give people the … Continue reading Marks’ Five Steps to Fighting Fraud with Professional Skepticisim

Not an Aberration—Creating a Risk of Bribery Might Be Enough!

” … Subdue the enemy without fighting.” —Sun Tzu The U.S. Foreign Corrupt Practices Act has been setting an ever-lower threshold for violations of the FCPA’s books and records and internal controls provisions. As the clock turned to 2017, the U.S. Securities and Exchange Commission (SEC) charged Mondelez International, Inc. (formerly Kraft Foods) because one … Continue reading Not an Aberration—Creating a Risk of Bribery Might Be Enough!

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