Companies With CLO Who Also Is Corporate Secretary Are Less Likely to Land in Legal Trouble, Study Finds

What You Need to Know

• A corporate secretary who's also CLO might be incentivized to put a positive spin on management's performance.
• But that risk is offset by the benefits that come from a corporate secretary with deep knowledge of the risk landscape.
• That was the principal finding of the study written by business professors from George Mason , the University of Virginia and Columbia.