These twelve Board members serve on various committees throughout the organization including the audit committee, compensation committee, corporate responsibility and sustainability, executive committee, finance committee, and the nominating and corporate governance committee. By splitting up into expert areas and smaller teams of board members, they can more clearly see the successes and areas of needed improvement in different areas of the organization. With many important segments and areas of coverage, Nike can more fully cover the needs of each group of shareholders, which ultimately will make the company more successful. Without these committees, their following would not be as strong and their company not as sound overall.
In addition to their board of directors being held accountable for corporate responsibility, finance, audit, and corporate governance, Nike has a high expectation of ethical behavior from their employees as well. Their code of ethics, which they call "Inside the Lines", must be read and agreed to by each Nike employee, and includes policies on protection of intellectual property, accuracy in financial statements, fraud and theft, conflict of interest, and other important subjects in which corporations much follow in order to maintain investor confidence.
Between the board of directors, the committees served on, and the code of ethics all Nike employees and members must follow, Nike has a strong strategic control system in place to avoid all possible violations of investor trust.
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