Changing Corporate Culture: No More "Pure Hearts and Empty Heads"
- Topics:
- Corporate Culture,
- Corporate Restructuring
- Tags:
- Accounting,
- Corporate Culture,
- Finance,
- Financial Services,
- Leadership,
- Management,
- Operational Accounting,
- SEC,
- White & Case
- Source:
- White & Case
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Overview: Money talks, or so the old saying goes, which may explain why the Securities and Exchange Commission has recently been meting out increasingly larger civil penalties for corporate malfeasance and accounting irregularities. But it?s not only the SEC that wants to reach into the pockets of individuals accused of violating U.S. securities laws. But while money talks, the SEC knows that changing the hidebound corporate culture of the boardroom will only work if it heralds examples of good corporate citizenship, as well as punishes the bad.
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Format: PDF | Size: 44KB | Date: Mar 2005 | Pages: 3
