The expanded focus on compliance -- The mandate for compliance -- Compliance and ethics : challenges and approaches -- The foundations of compliance : leadership and culture -- Managing compliance : goals and structure -- Policies, communication & training -- Hotlines, whistleblowers, and...

Investors in private corporations face unique problems relating to corporate control, illiquidity and valuation of securities. In this research, we survey a large sample of US corporations. Our sample includes both private and public firms. Major findings of our research are as follows: Private...