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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
(video)

What Boards Should Know About
Willful Blindness- Hank Shea
(video)

 

  

Oct 2, 2015

Center News

  • Lessons from Ethics Camp

    Teachers Learn about Knowledge of Faith

    The Markkula Center for Applied Ethics hosts a week-long ethics camp for new Catholic school teachers.

  • Fr. Tony Mancuso Named Assistant Director of Character Education

    Brings with him years of experience in education and character curricula

    In his new position, Mancuso will continue his work writing Build. Plant. Grow., and organizing the annual Ethics Camp along with Program Director Steve Johnson.