Combating corruption

C-Suite Risks and Compliance

Every risk assessment demonstrates that C-Suite misconduct can have a devastating impact on a company. All it takes is one key C-Suite executive to engage in misconduct and the company’s very existence can be threatened, especially if that executive is responsible for company finances.

If you look down the roster of corporate scandals, many started and did not end in the C-Suite. One question to ask every Chief Compliance Officer (assuming they are in the C-Suite) is whether the CCO assessed the risk of misconduct in the C-Suite and what steps did he or she take to minimize such risks?