Riordan Corporate Compliance Plan August 2010 Business Law 531

Essay by JazzygirljsUniversity, Master'sA-, August 2010

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Riordan Corporate Compliance Plan

Business Law 531

August 08, 2010



Riordan Corporate Compliance Plan

The Purpose of this document is to provide a corporate compliance plan for Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion. Riordan Industries is an organization dedicated to the strictest corporate compliance as relating to implement enterprise risk management based on the Committee of Sponsoring Organization of the Treadway Commission (COSO). Riordan Industries is projected to have annual earnings of $46 million and has 550 employees (University of Phoenix). The firm specializes in internationally renowned and patented plastic designs within its four locations, San Jose California, Albany Georgia, Pontiac Michigan and, China. The following plan is an overview of Riordan to outline the expectations for code of business conduct and ethics. This plan will include a strategy for preventative measures for managing the legal aspects of business pertaining to industry specifics as they relate to Riordan.

The plan is designed to address the following legal and ethical topics, "Alternative Dispute Resolution, enterprise liability, product liability, international law, tangible and intellectual property, legal forms of business and governance".

A review has been conducted in various departments within Riordan. The results of the review conclude that the officers or Riordan and Riordan industries will need to implement the following plan to avert any future problems relating to ethics and company policies

Alternative Dispute Resolution

The discussion among the officers of the company will need to address, following all bylaws as well as agreed upon procedures as written during the creation of the corporation. If there is a disagreement or impasse causing an issue from being resolved, alternative dispute resolution (ADR) should be in place to...