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Monthly Briefing 2013-03
Compliance: Is a goody-two-shoes reputation valuable?
In Billy Joel's New York, only the good die young. In post-Lehman New York, do the good have better prospects? When analysts make stock recommendations on the basis of environmental, sustainability and governance, factors, is there value in compliance? And what is one to make of the fact that fully half of the ten largest federal corporate criminal fines in history were imposed or agreed to in 2012.
Joining our conversation are Joan E. McKown, Partner, Jones Day and formerly the longtime chief counsel of the Division of Enforcement at the SEC; and Paul Liebman, an OCEG fellow, an ethics and integrity thought leader, and a member of the Society's Reputation Leadership Council.