Ethics for Corporate Boards
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
What constitutes the misuse of public resources?
Hana Callaghan discusses a political campaign's duty of truthfulness.
An Orange County employee is under scrutiny for potentially contributing time toward a political campaign during government work hours.