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The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities
book

The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities

by Sheila Moran, Ronald Kral
July 2013
Intermediate to advanced
240 pages
5h 31m
English
AMACOM
Content preview from The Board of Directors and Audit Committee Guide to Fiduciary Responsibilities

CHAPTER SEVEN

Satisfy Regulators and Other Stakeholders

AN ORGANIZATION’S SUCCESS hinges on the continued support of its stakeholders, with perhaps few things more alarming for board members than losing the faith of stakeholders. Board directors at Apple and Wal-Mart, for example, found this to be true with front-page scandals arising from supply-chain mishaps.1 Apple has been widely criticized for its environmental record, with environmental groups charging that the company has consistently looked the other way when it comes to pollution and toxic discharge up and down its supply chain, particularly in China. Similarly, Wal-Mart was blasted for its record in China after mislabeling conventionally raised pork as organic. Both companies know ...

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Publisher Resources

ISBN: 9780814431665