Corporate governance is a matter of enormous public attention and concern. In the wake of declining economic conditions, colossal corporate scandals and increased regulation, corporate directors are under pressure to enhance their oversight capabilities. A sense of public responsibility and intense scrutiny is causing directors to reexamine their role in promoting a well-governed organization. While tough measures such as Sarbanes-Oxley Act and the SEC orders and regulations reforms have been put in place to begin to address this are necessary, given recent events, they are not sufficient to help Boards and organizations trying to do the right to find a path forward.
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