GRC Insight: Governance, Risk, and Compliance in Context

GRC Insight is highlighting news, trends, and thought leadership in governance, risk, and compliance. We complement it with original opinion, research, and reviews. Save time, and stay on top of your profession.

Tag: Ethics

News Highlight

Coronavirus Ethics in the Supply Chain Are a Risk for the Company, the CEO, and the Board

“We’ll get through this together” is statement of solidarity and shared sacrifice that is on the lips of many executives – an affirmation of corporate social responsibility. Does it also include the weak link in the supply chain – developing world suppliers? Hardball demands of suppliers threaten vulnerable workers, damage business relationships, and expose the CEO and board of directors to criticism and the company to reputation risk. Governance needs to take note.

Image; woman with thermometer
News Highlight

Covid-19: Health Data. User Tracking App. Industry Disruption. Thermometer?

A smart, connected thermometer may be providing early warning of Covid-19 fever clusters two weeks in advance of the CDC reporting system. With years of modeling data and potentially millions of real time data points, the thermometer network may be able to flag zip codes that would be a priority for corona virus testing.

News Highlight

Harvard and Yale Investigated for Failure to Report Foreign Funding

The Education Department is probing Harvard and Yale universities as part of a nationwide investigation that has identified at least $6.5 billion in undisclosed funding from foreign countries. The department claims Yale failed to report hundreds of millions of dollars during a four-year period in which it filed no reports. The compliance threshold is $250,000. The funders of concern include hostile countries China, Qatar, Russia, Saudi Arabia, and Iran and their representative companies and academic and cultural institutions.