Do you believe that the CFO is the right person to protect a company’s ethical standards? Why or why not?
- While many companies are hiring chief compliance or chief ethical officers, other companies are lumping ethical concerns under the umbrella of the chief financial officer, because the Sarbanes-Oxley Act requires the CFO to abide by a set of ethical standards.
- Do you believe that the CFO is the right person to protect a company’s ethical standards?
- Why or why not?
- Who else in a company would be better positioned to protect its ethical standards?