Problems in organizational structure can hobble your compliance efforts
With SOX as big an issue as ever, and more companies creating the role of chief compliance officers, the time is right to revisit this 2003 article that discusses the people processes behind governance. --Editor
Fewer than 20 percent of Global 2000 firms have a governance committee with members, charters and policies, finds market research firm META group.
Worse, some corporations are now trying to resurrect failed governance bodies that failed because of shortcomings and lack of interest. The major problem lies in organizational structure, says Al Passori, a SVP at META Group.
See full Article.
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