Board
Conflicts of Interest
recorded October 22, 2003
Faculty: John
Horty & Dan
Mulholland
Not
a day goes by without some breaking news story about questionable
behavior by those entrusted with corporate governance, many
of them dealing with conflicts of interest. Enron, Global Crossing,
HealthSouth and now the New York Stock Exchange have become
poster children for how not to deal with conflicts.
These stories inevitably affected the nonprofit health care
sector. Among other things, the JCAHO has announced a new accreditation
standard for hospitals that requires them to define what constitutes
a conflict of interest and to address conflicts when they arise.
And the IRS just last week published a reference guide for
tax-exempt organizations which reiterated the need for a comprehensive
conflicts of interest policy.
To bring you up-to-date on these recent
developments, and to help apply basic principles to today's
conflicts, HortySpringer offers this audio CD featuring
John Horty and Dan Mulholland.
The following topics are covered:
The fiduciary duty of loyalty
Fundamental principles relating to conflicts of interest
New JCAHO standards regarding conflicts
IRS model conflict of interest policy and the threat of intermediate
sanctions
What some attorneys general have to say
Sarbanes-Oxley: Is it something you have to worry about?
Outline of basic conflict of interest policy
Some common conflicts and how your Board and Board chair should
handle them
- physician competitors and their allies
- bankers
- attorneys
- local government officials
- union representatives
Audio CD:
$195
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supplementary materials.
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