We donโt write about corporate sustainability all that much around here because, well, nobody in Washington had been doing all that much about sustainability either. Now that may change. A recent legal bulletin from McGuire Woods notes that Lisa Jackson, the Obama Administrationโs new head of the Environmental Protection Agency, has agreed to reconsider whether […]
Matt Kelly
Executive Pay Reforms: Is the Truth Out There?
Back in the 1990s, I was a big fan of The X Files. Little did I know that the central tenets of that programโdistrust, cynicism, and a deep suspicion that people in Washington are controlled by aliensโwould be so useful when analyzing the economic stimulus bill. Compliance officers and corporate secretaries in the financial sector […]
The Art of Talking to Investors
News flash: When corporate boards talk with major investor groups, investor relations improves. That nugget comes to us from Risk Metrics, which recently published a study of six boards engaged in the practice of actually speaking with other human beings. I know thatโs a rare habit among boards (especially those in the financial sector), but […]
What the Obama Pay Rules Mean to You: Who Knows?
Look, Iโm all for skewering overpaid CEOs while theyโre still alive and roasting them over an open flame. But could we at least put a little thought into the process? That seems to be the missing element in the Obama Administrationโs new rules for executive compensation. I appreciate the spirit behind them, and Iโm sure […]
The New Pressures on Compliance Officers
Last week, I had the pleasure of moderating a roundtable forum in New York on supply chain compliance, and the debate turned to a theme I often hear at these discussions: How far should your compliance program go to please government regulators? On one side were the realists, arguing that no compliance program can stop […]
Editorial: Of Calamari and Compliance: We Want to Hear Your Opinions
I always enjoy spending time with Compliance Week readersโespecially these days, when the alternative is to sit around reading economic news. Not long ago I had just such a chance: one of our Editorial Roundtables, where we invite a dozen compliance executives to get together and talk shop. We met at an upscale hotel in […]
Catch a Rising Governance Star
All you chief compliance officers with hotshot deputies, here’s your chance to do something nice for them so they won’t decamp to greener pastures: The Millstein Center for Corporate Governance is accepting nominations for its second annual Rising Stars of Corporate Governance award. The award recognizes up-and-coming players in corporate governance, and is open to […]
The Small, Valuable Legacy of Christopher Cox
To my thinking, a chairman of the Securities and Exchange Commission is good at his job if investors are protected from dangerous risks (fraud or otherwise) during his tenure. By that yardstick, Christopher Cox was not a good chairman of the SEC. Still, even as many people celebrate Coxโs departure from the SEC last week, […]
Where Apple’s Board Went Wrong With Steve Jobs
By now, everyone knows that Steve Jobs, CEO of Apple, is in ill health. This is a shame for several reasons: He is a human being, and has loved ones worried about him; Apple makes fantastic products, and Jobs has been central to that; He and Appleโs board have become a textbook example of how […]
2009 Predictions: Same old, same old
Another week, another report that compliance departments are going to feel the squeeze in 2009. This latest dollop of painful news comes from the Health Care Compliance Association and the Society of Corporate Compliance and Ethics, who published their 11-page survey of compliance officers last week. Among the more unpleasant findings: 85 percent of respondents […]


