GRC Controllers - Board of Directors New Year‘s Resolution

• Date: April 11, 2010
• Source: www.eurosox.dk

Has the recent global crisis resulted from GRC flaws? Or is it the board members and regulators who failed to implement and monitor GRC properly? The present article promises to let its readers know more about the weaknesses of the GRC and provides a concise framework for embedding robust board governance with simple to follow action items that are essential to improving corporate governance, sustaining a high level of confidence by all stakeholders, preventing the disastrous ethical and moral lapses that forced a series of regulatory reforms, and in some cases very expensive over-reactions. In a nutshell, the article attempts to provide ‘solutions’ to a series of current GRC concerns related to The Board members and their GRC areas of responsibilities, which the Board should fully understand in 2010.

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