“Shareholders are filing more and more lawsuits for alleged cases of corporations’ violating the standards they say they govern themselves by — their codes of conduct. At least seven U.S. companies have been targeted for derivative litigation on the issue so far this year including Equifax, Exelon, Fluor and LendingClub.”Agenda
August 5, 2020
“Kossovsky says ‘the board must oversee and monitor how the firm’s entire risk management apparatus and insurances coherently foster the behaviors expected by all stakeholders.’”
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Reputation risk management is strategic governance, leadership, controls and insurance.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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