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- W3162215070 abstract "In the interest of self–protection, corporations in many industries are implementing complex compliance programs and appointing CCOs to head these operations. In fact, seventy–two percent of United States corporations today have a CCO. The CCO must wear many hats throughout the corporation, which often results in overlapping duties with the General Counsel (“GC”), Chief Executive Officer (“CEO”), and other corporate officers. Corporations have chosen to deal with the complex job description of a CCO in many different ways. Some corporations choose to clearly differentiate the duties of the CCO and the GC by having the CCO report to the GC; other corporations may take more drastic measures by hiring an independent CCO to handle their compliance function.8 Depending upon the exact role of the CCO, he or she may be a member of the C–Suite or not. Because the CCO’s precise duties within the corporation may be unclear, the CCO becomes an easy scapegoat for any corporate misconduct. Part II of this Article will discuss the history and evolution of the role of a CCO within a corporation. Part III will explore the industries that employ CCOs today and their stages of advancing compliance programs. Part IV of this Article will address the controversy concerning the often– conflicting roles of the CCO and GC. Finally, Part V will conclude with a discussion of the evolving risks facing CCOs of modern corporations." @default.
- W3162215070 created "2021-05-24" @default.
- W3162215070 creator A5076986494 @default.
- W3162215070 date "2017-01-01" @default.
- W3162215070 modified "2023-09-24" @default.
- W3162215070 title "Where the CCO Fits in the C-Suite: A Corporation's Moral Compass" @default.
- W3162215070 hasPublicationYear "2017" @default.
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