kaal:claim:2317580-005

Because directors contractually agree to increase compliance through an open door policy for the government, CIAs substantially raise the liability risk for companies whose directors did not act in accordance with their fiduciary responsibilities.

Because the directors contractually agree to increase compliance by way of an open door policy for the government,10 CIAs can substantially increase the risk of liability for companies whose directors did not act in accordance with their fiduciary responsibilities.

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013), I. Introduction, p. 6
https://ssrn.com/abstract=2317580 · source PDF

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013). SSRN: https://ssrn.com/abstract=2317580

• a CIA has been executed
• directors granted the government access, including site visits

mechanismsupport: arguedcompliancecorporate-governancelaw-and-legal-systemsrisk-and-incentives

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