Corporate Governance

Public interest in business ethics rose in the wake of the bankruptcies of Enron and WorldCom and has become even more pronounced since the financial crisis of 2008. RAND takes an active role in improving public understanding of corporate governance and ethics issues, with research evaluating the effects of regulations like Sarbanes-Oxley on U.S. businesses, liability risk in the auditing industry, and the relationship between individual investors and the financial services industry.

Research conducted by: RAND Justice, Infrastructure, and Environment; RAND Institute for Civil Justice; RAND Europe; Center for Corporate Ethics and Governance

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Center for Corporate Ethics and Governance Focuses on Nexus of Ethics, Law, and Profitability

The RAND Center for Corporate Ethics and Governance, or CCEG, is committed to improving public understanding of corporate ethics, law, and governance, and to identifying specific ways that businesses can operate ethically, legally, and profitably at the same time.

Journal Articles (9)

Board Oversight Role in the Spotlight: What That Means for CECOs — Apr 1, 2011

Proactive involvement by corporate boards in compliance and ethics oversight is fundamental in generating a meaningful ethical culture within organizations, and in leading firms to regard Corporate Ethics and Governance as more than just a paper tiger.

Boards Have an Important Role as Guardians of Ethics and Compliance — Dec 1, 2010

There is a strong expectation by the U.S. Sentencing Commission (USSC) for boards to be directly involved in compliance and ethics (C&E) oversight, and the reporting relationship between the board and the manager of the compliance and ethics function, the Chief Ethics and Compliance Officer (CECO) is viewed as central to that responsibility.

The Unintended Effects of the Sarbanes-Oxley Act of 2002 — Jan 1, 2010

Evaluates managerial perception of the Sarbanes-Oxley Act of 2002, a stringent rules-based system widely considered the most comprehensive economic regulation since the New Deal.

On the Shoulders of Giants: Directors as Pillars of Rectitude and Compliance in the Corporation — Jan 1, 2010

Directors face newly heightened expectations to recognize and fulfill their responsibilities to oversee the company's management of compliance, ethics, and reputation risks.

Evaluating the Contribution of Regulation in the 'Post-Hampton' World — Jan 1, 2009

Discusses a study conducted for the Local Better Regulation Office (LBRO) that evaluated the contribution of local authority regulatory services.

All in Due Time: The Development of Trust in Computer-Mediated and Face-To-Face Teams — Jan 1, 2006

This study examines the development of trust and cooperation in computer-mediated and face-to-face teams.

Comments on Reinvigorating State Institutions, By Pradhan — Jan 1, 1998

Pradhan established that institutions and governance make a difference that is quantifiable; this difference makes sense in qualitative economic terms

Impediments and Imperatives in Restructuring Higher Education — Jan 1, 1997

The authors argue that basic assumptions built into the governance of higher education obstruct an effective response. After presenting the assumptions, the authors make a case for redesigning the structure of higher education governance.

An Organizational Analysis of the World Health Organization: Narrowing the Gap Between Promise and Performance — Jan 1, 1995

The author of this article examines the future of the World Health Organization (WHO) and applies organizational theory to try to understand how the organization can be made more effective.

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