Thursday, December 16, 2021

Trends in Corporate Governance & Compliance


Jamie Hurewitz received her MBA management at the University of St. Thomas and a BS in business administration at DePaul University. She also received a JD from Hamline University School of Law. Jamie is presently working towards an LLM in securities and financial regulations at Georgetown University Law Center, and is the head of legal at Mattermost in Palo Alto. Her expertise areas include risk mitigation, governance, and compliance.

Corporate governance and compliance trends across regions vary somewhat, but globally, corporations are experiencing similar changes.

Virtual Meetings
In 2020, as corporations rushed to transform their annual meetings into virtual events, corporate boards too have shifted to virtual ones from in-person meetings. As the virtual environment takes hold in daily lives, many are exploring how they can permanently maximize the associated efficiencies of such trends in the post-pandemic era.

Focus on social agenda
Within the broader framework of environmental, social, and governance (ESG), the Covid-19 pandemic has forced the “social” factor to higher up the corporate governance agenda. Companies seek to reassure stakeholders and the general public that they are taking worker and community safety seriously.

Social Media Governance
The internet and social media have led to faster and more disclosure of corporate malpractices, exposing improper or unethical behavior. Social media must focus on corporate disclosure requirements and be part of PR strategies in the years ahead.

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