kaal:claim:2486570-026

High quality and effective preemptive remedial measures are themselves part of good corporate governance and can help a corporation avoid investigation, prosecution, and the execution of a non or deferred prosecution agreement.

A later claim in the corpus revises this one. Prefer quoting kaal:claim:kaal-2014-dynamicregulationviagove-027.

Source quote, verbatim

High-quality effective preemptive reme- dial measures are part of good corporate governance and can help avoid inves- tigations and prosecutions and the associated execution of N/DPAs.

From

Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), VI.B. IMPLICATIONS FOR BOARDS, MANAGEMENT, AND LEGAL COUNSEL, p. 56
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

designsupport: arguedgovernance-designcorporate-governancecompliancerisk-and-incentives

Related claims

extended_by kaal:claim:kaal-2014-dynamicregulationviagove-028 If governmental contracts increasingly mandate replacement of boards and senior management, boards will have s...
contested_by kaal:claim:kaal-2014-dynamicregulationviagove-034 Preemptive remedial measures have a low success rate, as evidenced by the fact that more than 60 percent of de...

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Attestation record: colloquium/attestations/e3528ce4ecd40229...json
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