kaal:claim:2486570-019
Although 45 percent of sampled agreements required improved communication and training, only 11 percent required the entity to create the position of chief compliance officer, so the most structural compliance remedy is the rarest.
Source quote, verbatim
Only 11 percent of the N/DPAs in our sample required the creation of a chief compliance officer.
From
Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), V.C. GOVERNANCE CHANGES, p. 47
https://ssrn.com/abstract=2486570 · source PDF
Cite as
Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014). SSRN: https://ssrn.com/abstract=2486570
Classification
empiricalsupport: evidencedcomplianceempirical-evidencegovernance-designcorporate-governance
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