ZCCI In The Media
On Tuesday, March 10, Baruch College hosted a CEO Trust event at the Robert Zicklin Center for Corporate Integrity. At the event, titled “Utopian Dreams: Early Experiments in Corporate Social Responsibility,” speaker Marc Hodak talked about the history of utopian experiments in 19th and 20th century America and the impact these experiments have had on the corporate American landscape.
A recent disparagement with short-selling investors has forced Lumber Liquidators to defend the quality of its inventory, as well as the integrity of the company. On, March 1, 60 Minutes, the investigative news program, attacked Lumber Liquidators. It claimed the company was selling laminate flooring with formaldehyde levels exceeding regulations set by the California Air Resources Board. The telecast featured Whitney Tilson, founder and managing partner of Kase Capital management, who accused the company of poor business practices. Lumber Liquidators’ stock has performed well in the New York Stock Exchange, with its highest value in November 2013. Tilson brought the claim against Lumber Liquidators to 60 Minutes, which then decided to air the report.
Last month I had the opportunity to attend a Sustainability Practice Network discussion at Baruch College here in New York. The topic, Under the Hood: Corporate Sustainability 2014 was a broad-based discussion of Environmental, Social & Governance (ESG) programs including their development, implementation and the data that is derived from them. As someone still learning the intricacies of ESG, it was reassuring to note that this topic, or better, this idea, is truly still a work in progress. Why? Because today’s corporations are implementing ESG-based programs differently across industries, and the data that is created is being used in a multitude of ways.
It's the season of the snitch - Big payouts and changes in law have whistle-blowers singing to authorities
There is no more famous corporate whistle-blower than Sherron Watkins. Thirteen years after exposing accounting fraud at Enron, she still draws crowds eager to hear her talk about her courageous act. Yet at a conference at Baruch College last week, Ms. Watkins emphasized how difficult blowing the whistle made her life at the time, and has ever since.
On Thursday, Feb. 5, the Robert Zicklin Center for Corporate Integrity hosted Rebecca Ray, executive vice president of the Organization for the Conference Board to explore the different aspects of running a business faced by CEOs through studies compiled from a survey better known as the CEO Challenge.
Oliver Morrison, City Limits (nonprofit news agency), covers the Robert Zicklin Center for Corporate Integrity's Ride On: NYC's CitiBike Share Program event on September 17th.
Ivy Schmerken, Editor-at-Large for Advanced Trading and Wall Street & Technology, covers the Robert Zicklin Center for Corporate Integrity's Debating High Frequency Trading Event on April 30th.
Accounting Today covers Corporate Communication International and Robert Zicklin Center for Corporate Integrity's 5th Annual Symposium on Sustainable Business - Profits and Politics: Sustainability and the Global Corporation.
Public Company Accounting Oversight Board chairman James Doty told an audience of auditors that the public is expecting more from the audit profession and warned firms against skimping on audit quality.
Donald H. Schepers, PhD., Associate Dean of the Zicklin School of Business and Professor of Management at Baruch College has been named by Trust Across America (TAA) as one of 2013's Top 100 Thought Leaders in Trustworthy Business Behavior. According to TAA, the people selected collectively represent a group that can genuinely transform the way organizations do business.
GreenBiz.com covers RZCCI's program Green Gamification: Combining Social Media & Game Mechanics to Promote Sustainability.
CFO.com covers Robert Zicklin Center's XBRL and Financial Analysis Technology Conference.
Almost all the news about the US debt since my talk in February has been, to my mind, not good. The excellent recommendations put forth by the Deficit Commission that President Obama had convened last year were best characterized by one of the commissioners as "beyond what's politically possible and short of what's economically necessary."
Catch ZCCI and Baruch College on WLIW21 on Thursday July 7th at 7:00 p.m. and Thursday July 14th at 5:00 a.m. or on Channel 13 Saturday July 16th at 1:00 p.m. and Sunday July 17th at 11:30 p.m.
The New York State Society of Certified Public Accountants Trusted Professional covers Baruch College's 9th Annual Financial Reporting Conference on April 29, 2010.
"A Brief History of Scandal” is an abbreviated version of the popular NYU Stern School class taught by Marc Hodak. Hear the amazing stories of great scandals from the railroads and Robber Barons up to Enron and Madoff, and what lessons they still teach us. Discover why business scandals tend to proliferate during economic downturns, and how history repeats itself. This program is sponsored by the CEO Trust in partnership with the Robert Zicklin Center for Corporate Integrity.
The conference provided a forum for interaction between business, public accounting, academics, and policy setters from the American Institute of Certified Public Accountants (AICPA), the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB).
New regulatory initiatives place a high priority on the importance of accurate and transparent corporate reporting. Will accurate, transparent business reporting restore investor confidence and provide the information required to make informed decisions? How will non-financial value drivers effect the future of corporate reporting? Will eXtensible Business Reporting Language (XBRL) allow investors and analysts to compare corporate SEC filings across industry groups?
A group of prominent attorneys came together to face hard-hitting questions posed by panel moderator Gregory P. Joseph. The panel addressed the following topics: How much deterrence is too much? Is the government overreaching? The liability of Gatekeepers (accountants, lawyers and bankers). Can accounting firms be held liable without threatening their existence? The liability of directors and corporations. Criminal penalties. Where should the money go?
Morning Program - The Accounting Review Article of the Year 2004 Baruch Lev of New York University and Doron Nissim of Columbia University will present the results of their paper, "Taxable Income, Future Earnings, and Equity Values." The co-authors will be presented with The Stan Ross Department of Accountancy Prize for Outstanding Academic Contribution to Practice. The co-authors will be joined by a panel of financial executives and regulators to discuss its findings and implications to practice. Afternoon Program - Sarbanes-Oxley Act Compliance: Costs and Benefits Financial executives, academics and regulators will discuss the impact of Sarbanes-Oxley. Findings from FERF’s report titled Sarbanes-Oxley Section 404 Implementation: Practices of Leading Companies will also be featured