kaal:claim:2317580-028

Because CIAs mandate a chief compliance officer and dictate how that officer interacts with the board, they increase the board's knowledge and monitoring of compliance, and a board possessing such knowledge should play a bigger role in ensuring that the company meets federal and state standards.

Source quote, verbatim

More specifically, because CIAs often mandate a CCO and dictate how the CCO interacts with the board, CIAs can increase boards' knowledge and monitoring of the company's compliance.

From

Wulf A. Kaal, Elizabeth R. Malay, The Role of Corporate Integrity Agreements in the Expansion of Fiduciary Duties (2013), IV.1 Contractual Addendum to Increase Duties, p. 15
https://ssrn.com/abstract=2317580 · source PDF

Cite as

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

Holds when

CIAs that mandate a CCO and prescribe CCO to board reporting

Classification

mechanismsupport: arguedcompliancecorporate-governancecitation-and-knowledge

Verify

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Attestation record: colloquium/attestations/600d2c9340d0b71b...json
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