Ethics for Corporate Boards
Perspective from a Former Federal Prosecutor
Directors of publicly traded companies can be held legally accountable for three types of activities:
- Mistakes, for which they may face civil penalties
- Outright wrongdoing, for which they may face criminal penalties
- Willful blindness—ignoring red flags signaling fraud—for which they may face civil or criminal penalties
Center Executive Director Kirk O. Hanson talks with former federal prosecutor Hank Shea about how boards of directors can stay out of trouble. Shea is a senior distinguished fellow at University of St. Thomas School of Law and visiting professor at University of Arizona School of Law.
|How Boards Can Prevent Ethical Meltdowns-
Hank Shea (video)
|Where Boards Go Wrong- Hank Shea
What Boards Should Know About
Oct 2, 2015
Ethics in the News
Irina Raicu emphasizes Cybersecurity Awareness by endorsing the fact that "the best one can do to raise awareness is to tell fellow internet users to read the news."
The Equifax breach exposed more than 145 million customers. Kirk Hanson comments.
“The pay of the top three executives at Oracle has been very high over the last few years,” said Kirk Hanson.