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Distributed September 15, 2003
Contact Mark Nickel

Global Crisis of Confidence
Brown to offer two-day conference on global corporate governance

Corporate leaders, elected officials and management scholars will meet at Brown University Sept. 19 and 20, 2003, for a conference on corporate governance in the 21st century. The Friday evening keynote panel, featuring many of the conference presenters, is open to the public without charge. It begins at 6:30 p.m. in C.V. Starr Auditorium in MacMillan Hall, Thayer and George streets.

PROVIDENCE, R.I. — Barely a week after a former Enron official pleaded guilty and began a five-year prison sentence for his role in that corporate scandal, more than a dozen corporate officers, government leaders and management scholars will gather at Brown University for a two-day conference on global corporate governance.

A Global Crisis of Confidence: Corporate Governance in the 21st Century Political Economy, Sept. 19-20, 2003, will address the current breach of public confidence in the leadership of major multinational firms and non-governmental organizations. It will focus particularly on the roles of management and directors.

“The failure of key actors – particularly corporate directors – to properly discharge their governance and oversight functions adversely affects the health of our increasingly global economic system,” said Dennis Michaud, visiting assistant professor of sociology and associate director of Brown’s concentration in public and private sector organization studies. “If left unresolved, this problem will impede the economic and political development of developing states around the world.”

While the Saturday working sessions are open only to conference attendees and presenters, the conference keynote panel is open to the public without charge. It begins at 6:30 p.m. Friday, Sept. 19, in the C.V. Starr Auditorium of MacMillan Hall, Thayer and George streets on the Brown campus. A Webcast of Friday’s keynote panel will be available through, a co-sponsor of the conference.

The Friday evening session will open with remarks by Artemis A.W. Joukowsky, chancellor emeritus of Brown University. Participants in the keynote panel include:

  • John F. Corrigan (moderator)
    Chairman, Corporate Department, Adler Pollock and Sheehan P.C.
  • Marc A. Crisafulli
    Senior Vice President and General Counsel, GTECH Corp.
  • Dean Shahinian
    Counsel United States Senate Banking Committee
  • James S. Tisch
    Chief Executive Officer, Loews Corp.
  • John W. Keogh
    President and COO, National Union Fire Insurance Co. (AIG Group)
  • Stephen D. Schultz
    Director, Governance Program, Shareholder.Com
  • Joshua Ronen
    Professor of Accounting New York University / Stern School of Business
  • Rakesh Khurana
    Assistant Professor of Business Administration, Harvard University Business School
  • Robert D. Herman
    Professor of Organizational Behavior, University of Missouri–Kansas City / Bloch School
  • Jim Penner
    Chief Investment Officer, Montana Board of Investments
  • Jeffrey A. Sonnenfeld
    Associate Dean of Executive Programs, Yale University School of Management

Presentations and proceedings of the conference, including summary papers prepared by attendees, will be edited and published in book form by Michaud and faculty colleagues at Brown. For additional information about the conference, call (401) 863-2548.

Support for the conference is being provided by Brown University, Adler Pollock and Sheehan P.C., the AIG Group, GTECH Corp., Loews Corp.,, the Slater Center for Design and Manufacturing, and the Rhode Island Economic Development Corp.


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