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The two words uttered most often in boardrooms around the country today are "corporate governance." 
The more things change, the more they stay the same. Department of Justice (DOJ) retains enormous leverage over companies facing potential government investigation despite a recent revision to its principles of corporate prosecution (the "McNulty Memorandum"). As a result, companies are caught between the twin objectives of cooperating with the government and protecting itself and its employees. 
Does good corporate behavior pay off in the stock market? Companies that track corporate governance and share performance say "yes" -- and investors agree. 
Organizations are coming to understand that realizing efficiency, sustaining growth and adding value to the bottom line means using effective IT governance practices. 
This year, a friend of mine and his sales team from a global, publicly traded company brought in the biggest single contract in the company's history, worth well in excess of $500 million. 
Whole Foods Market Inc., the largest U.S. natural-foods grocer, said its board formed an independent committee to investigate postings made on financial message boards by Chairman and Chief Executive Officer John Mackey. 
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The Transcript examines the most current corporate governance issues, including board and corporate responsibility, executive compensation, conducting effective executive sessions of the board and more.
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