Due diligence is half the battle when it comes to keeping a company compliant. That’s one lesson Panasonic Avionics Corp. recently learned. In May 2018 the corporation admitted that employees did an end-run around the company’s due diligence process, which cost them more than $280 million in payments to the authorities by the firm and its parent.
The Wall Street Journal sought Kevin Hyams’ expertise, partner in charge of the Governance, Risk and Compliance Services Practice, to highlight key ways to stay compliant and avoid costly consequences. Read his exclusive feature, here.