The recent controversy involving the governing board of the Fédération Internationale de Football Association (FIFA) and its special outside counsel provides important lessons on board management of internal investigations—especially those that relate to the ethics and integrity of governance. After all, it’s not every day that outside counsel resigns its engagement in protest of board interference.
At first glance, the internal travails of an international soccer association (and its arcane rules) might seem a curious source for governance guidance to U.S. companies. Yet the nature of the controversy—a special board committee’s handling of outside counsel’s investigative report—resonates across industry sectors as well as continental borders. Indeed, it serves to underscore the incalculable value attributed to the integrity by which the board conducts—and especially processes the results of—an internal investigation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
