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The Changing Corporate Governance Landscape and Its Implications

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By
Protiviti

Navigating New Expectations for Corporate Accountability

The Bulletin: Volume 1, Issue 2

Strengthen corporate governance by responding effectively to sweeping regulatory change and the evolving expectations placed on boards, executives and audit committees. This perspective highlights practical ways organizations can reinforce ethical culture, improve internal controls, enhance financial reporting, strengthen director independence, and increase the effectiveness of internal and external audit functions. It also underscores the value of board self-assessments, compliance programs, and clear communication across the organization.

Key Takeaways:

  • Reinforce ethical culture, internal controls and communication to support reliable reporting and executive accountability.
  • Strengthen board independence, governance oversight and periodic performance evaluations.
  • Enhance the effectiveness of audit committees, internal audit functions and compliance programs. 

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