Recently by Andrew C. Hruska
Why Compliance Doesn't Work - Part II
Part I of this article appeared in the March issue of The Metropolitan Corporate Counsel. "Process" compliance tends to cultivate the systemic error of "consumer" complacency. Compliance "consumers" - executives, officers and directors - are used to crunching numbers and can be lulled into a false...
Read MoreWhy Compliance Doesn't Work - Part I
Part II of this article will appear in the April issue of The Metropolitan Corporate Counsel. Right now, an employee of your company is breaking the law by exploiting the gaps in your compliance process. He has found a way to take advantage of the expectations of his supervisors that everyone is...
Read MoreThe Government's Approach To Fraud-Induced Bankruptcies Of Large Public Companies
Companies do not always simply fall into insolvency because of bad business plans or unforeseen market trends. Sometimes they are pushed by accounting fraud, embezzlement or other crimes. From massively convoluted frauds at WorldCom and Enron to outrageously brazen schemes at companies such as...
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