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Who should be in charge of an organizations conduct

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Reference no: EM131479586

Question:

Corporate governance involves an organization's conduct regarding its stakeholders. There are a number of external and internal Risk Management authorities ranging from national government regulations like Sarbanes-Oxley, to Special District RM authorities which generally deal with insurance, to corporate Risk Managers.

prepare a 1-2 page Word document as a summary that expands on the slides and any other talking points.

In a business setting this would be a handout to the staff members present.

Be sure to cover the following points:

Who, if anybody, should be in charge of an organization''s conduct?

Who, if anybody, should be in charge of regulating ethical standards?

Who, if anybody, should watch over the regulators?

Make sure any outside research sources are cited in APA format (on the reference page and in the text). Remember to use the online library to review periodicals and databases.

On the international front, the Council of Europe has 47 member states and a Risk Management authority. One of its purposes is to promote evidence-based risk assessment and management practices concerning "dangerous offenders".

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The bill, which contains eleven sections, was enacted as a reaction to a number of major corporate and accounting scandals, including Enron and WorldCom. The sections of the bill cover responsibilities of a public corporation’s board of directors, adds criminal penalties for certain misconduct, and required the Securities and Exchange Commission to create regulations to define how public corporations are to comply with the law.

Reference no: EM131479586

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