Recent Faculty Scholarship
Following is a sample of scholarship recently produced by members of the College of Law's faculty. Readers may follow the link provided within each posting to download a copy of the entire paper. For a more complete list of faculty scholarship, please visit the Faculty Bibliography. For access to all Iowa Law faculty scholarship that has been posted on the Social Science Research Network, please click here.
FCPA Settlement, Internal Strife, and the “Culture of Compliance”
When a firm’s leaders have reason to believe that officials from the Department of Justice and from the Securities and Exchange Commission might launch an investigation of the firm for possible violations of the Federal Corrupt Practices Act, that firm’s leaders often are eager to negotiate a quick settlement, rather than face indictment and prosecution. Prosecutors and regulators typically refuse to enter into such settlement talks, however, unless they are persuaded that the firm is cooperating with the investigation and promoting an internal ”culture of compliance.” In this article, Professor Yockey identifies governance problems that can arise within a firm when it takes steps aimed at satisfying those preliminary requirements. To read the article, click here and then press the “one-click download” button.Posted on March 29, 2012