I just sat down with a fresh cup of coffee from Green Mountain Coffee Keurig brewer. The smell of coffee mixed with stench of compliance failures coming from Green Mountain Coffee Roasters, Inc. You know there is trouble when Sam Antar, the convicted felon and criminal CFO of Crazy Eddie, has you in his sights. [...]
Social Media as a Risk Factor
on August 25, 2010 in Publish to KM Space, Social Networking and Web 2.0
It’s official. Social media is a risk factor. At least according to Estee Lauder and lululemon athletica. Over at Footnoted, Michelle Leder and her team dig through SEC filings digging up the dirt on bad corporate behavior. They were digging through the 10-K for Estee Lauder when Theo Francis came across a new risk factor. [...]
Public Companies Fail to Disclose Ethics Waivers
on January 7, 2010 in Compliance Programs
According to Usha Rodrigues from University of Georgia Law School and Mike Stegemoller from Texas Tech University – Rawls College of Business, in their paper Placebo Ethics, public companies are failing to disclose ethics waivers. They focused on Section 406 of Sarbanes-Oxley which requires public companies to disclose when they have granted an ethics waiver [...]
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