Boards are constantly rethinking how they’re engaging employees and influencing company culture. Now, as more CEOs are being dismissed for ethical reasons, boards are under pressure to fundamentally change their approach to ethics. Trends in value creation are further fueling discussions around structure, leaving boards to consider adopting a new model altogether.
In this podcast episode, Cindy Moehring discusses how boards can create a transparent, accountable company culture. Later on, special guest Adam Berger elaborates on what public company boards can learn from the private equity approach to value creation and working with entrepreneurial CEOs.
Cindy Moehring is Founder and Executive Chair of the Business Integrity Leadership Initiative, Sam M. Walton College of Business, University of Arkansas, and she is the Former SVP, US Chief Ethics and Compliance Officer for Walmart.
Adam Berger is Managing Director for Insight Partners.
On this episode, we discuss
- What Can Boards Do About CEOs’ Ethical Lapses? As more CEOs are being dismissed for ethical reasons, boards should take an active role in setting the culture of a company.
- How Can Boards Establish the Right Ethics Policies—and Ensure They’re Followed Accordingly? To ensure accountability, directors should ask probing questions that expose inconsistencies in repercussions for senior leaders vs. junior employees.
- Can Public Boards Approach Value Creation Like Private Equity Boards Do? The key to long-term value creation is aligning goals among shareholders, management and boards.
Checkout these resources we mention during the podcast:
- Harvard Law School Forum on Corporate Governance and Financial Regulation paper
- Strategy& PwC 2019 Report on CEO Success
You can find more interviews like this on The Corporate Director Podcast, hosted by Dottie Schindlinger and Meghan Day.
To hear this episode, and many more like it, you can subscribe to the podcast on our website, or on Apple Podcasts, or on Spotify.