Five things public companies can learn about corporate governance from the Freeh investigation of Penn State.

 

"We protect our reputations by doing the right thing, not by hiding our failings. Indeed, even amid discovery of error and wrongdoing, reputations are enhanced by acknowledging, dealing with them immediately and directly, and working to minimize their recurrence."

  -- Edward Queen, Director of the D. Abbott Turner Program in Ethics and Servant Leadership at Emory University's Center for Ethics in Atlanta


Wiser words have never been written in light of the Penn State disaster uncovered this week with the conclusion of former FBI Director Louis Freeh's investigation....