Corporate Governance & Compliance Case Studies Book PDF, ePub eBook

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Book Descriptions:
Authored by Stella Tsai Business Litigation Partner at Archer & Greiner, P.C.

Few decisions made in a boardroom receive as much public scrutiny or criticism as the one made by the board of trustees at the Pennsylvania State University to fire the iconic football coach Joe Paterno in November of 2011. It was a decision made soon after a Pennsylvania grand jury issued a shocking report recommending charges against Paterno’s former assistant coach Jerry Sandusky for child sex abuse. The trustees, as the New York Times reports, say they felt “blindsided” by Penn State President Graham Spanier’s failure to share information about the status of the criminal investigation of Sandusky and other university officials. Without the customary script in hand, the trustees had to improvise their response.

This chapter recommends five winning plays to prepare board members and other corporate leaders for the red zone, where the stakes are high, the pressure is on, and gambles sometimes have to be made.

1. Winning isn’t Everything
2. Take Control of the Ball
3. Maintain Special Teams for Making Better Decisions When Times are Tough
4. Personal Training
5. Avoid Delays of Game

As someone who has represented business organizations and served as a member or officer of various non-profit boards since 1988, I have had to deal with governance and compliance issues that can flummox any board, including employee misconduct, insolvency, and government investigations. I have been exposed to a variety of board leaders under disparate financial circumstances with different leadership styles and a range of outcomes. This experience has provided a wealth of insight, useful for supporting clients and fellow board members who need practical advice in responding to governance and compliance issues.

Corporate Governance & Compliance Case Studies by Stella Tsai

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