Read Richard Chambers' Latest Blog
Internal Audit's Role When Activist Investors Are at the Door
In his blog, IIA President and CEO Richard Chambers, CIA, QIAL, CGAP, CCSA, CRMA, shares his personal reflections and insights on the internal audit profession. Here's an excerpt from his latest post:
At The IIA's recent General Audit Management conference, the leader of a group representing corporate directors characterized investor activism as one of the main things that keep them up at night. Indeed, Peter Gleason, National Association of Corporate Directors president, told attendees that for directors this concern ranked second only to cyberattacks.
This revelation generated considerable discussion at The IIA's global headquarters about where internal audit fits into the issue. In the eyes of our stakeholders, investor activism is a substantial risk; yet rarely, if ever, does it show up on internal audit's radar.
Read the full InternalAuditor.org blog post from IIA President and CEO Richard Chambers.