Caution by Company Officers Can Create Problems for Boards
The New York Times DealBook
Michael Peregrine wrote this bylined article about the danger from new enforcement policies of federal prosecutors, which shift the focus in corporate investigations to employees from the organization as a whole. “Boards should be nervous” about these policies, Mr. Peregrine wrote, “not necessarily for their own exposure, but for the fate of major strategies that management is charged with putting into effect ... The primary board concern is that some gatekeepers may engage in self-protective conduct that hampers valid initiatives.” Read the full article.