Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate…
A sales manager needs one more transaction to meet the quarterly target. The customer has not completed the required approvals, but the manager believes the paperwork will arrive tomorrow. Booking…
The ultimate measure of a compliance program is whether it can constrain the people the organization believes it cannot afford to disappoint. Most compliance programs are designed for ordinary decisions…
The Clippers penalties demonstrate that discipline is not the end of a compliance process. They are a public test of whether rules apply to powerful people. The Clippers investigation demonstrates…
The Clippers investigation shows why contracts, approvals, and carefully drafted emails cannot substitute for controls that test economic reality. In Part 3 of a five-part series, we explore why and…
The Clippers investigation demonstrates why conflict controls must follow influence, economic benefit, and interconnected transactions, not merely financial ownership. In Part 2 of this five-part series, we consider what conflicts…
Over the next five blog posts, we will consider how commercial pressure, weak controls, and leadership decisions turned a salary-cap rule into an enterprise-wide governance failure. Today in Part 1,…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
