Riordan Corporate Compliance

Abstract

implement enterprise risk management based on Committee of Sponsoring Organizations of the Treadway Commission (COSO) recommendations

Alumina Inc. almost ruined its reputation and business success throughout the world as an automotive leader and manufacturer of aluminum, after it struck a reef off the coast of Alaska in 1989 causing the worst oil spill in US history. Alumina Inc. displayed negligence when they failed to identify many regulatory risks and did not efficiently prepare for this severe, preventable catastrophe. Had these risks been identified and corrected with proper implementation and training, the chances of the spill would have reduced significantly and possibly been prevented. Companies like Alumina increases their chances of failing and disappointing stakeholders, when effective regulations go ignored and un adhered .

(how to handle handle situations when laws are violated,or in questioni.e when to call legal counsel, rights for employees, who turn to when actions are taken against Riordan)

Riordan Corporate Compliance Plan

A. ADR

1.

B. Enterprise and Product Liability

2.

C. International Law

3.

D. Tangible and Intellectual Property

4.

E. Legal Forms of Business

5.

F. Governance

6.

ADR

Prevention and management guidelines:

Key concepts:

Specific laws riordan must adhere to and outline steps for employees to adhere to

The state and federal government of the United States of America has developed and administered laws such as the Endangered Species Act, The Clean Water Act and the National Environmental Policy Act to raise environmental safety and awareness. Any violation with these government appointed agencies could lead to a hefty fine or cause the company to go out of business. The Environmental Protection Agency was established to enforce environmental laws and reduce pollution. This Agency regularly prepares The...