News & Events

Partner Keith Noreika was featured in the 2022 Starling Compendium in a Q&A titled, “Our View: An Interview with Gary Cohn, Keith Noreika and Barbara Novick,” which explored ESG and other governance interests for companies and boards that are priorities for institutional investors. Keith discussed boards’ responsibilities to make sure management is doing the right thing and noted that “from a regulatory standpoint and from a market standpoint…the board and management collectively have their reputation and the company’s reputation on the line,” making the regulatory aspect of governance all the more important. Defining governance as “managing complexity and credibility,” he stated that “technology is really where we’ll see the revolution in terms of this governance aspect.” He explained that, since boards don’t manage the company, there are limitations to their oversight, but added that technology can perhaps overcome some limitations to human nature with regards to what a board can do. He explained that “the more information you can get to them in discrete increments that allows the firm to develop a reputation for good governance and compliance, then the less the board will probably have to do.”

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