You manage what you measure

The House Ethics Committee requires that Members and their staffs report free travel (a) on their annual financial disclosure and (b) 15 days after the trip ends.  Earlier this week, the Committee quietly removed the annual disclosure requirement, but put it back after reports of the change emerged.

Seems to me to be redundant, and both reports are publicly available.  But I guess it’s hard to unring a bell, and require less reporting.

“House Panel Restores Disclosures For Travel,” Wall Street Journal, July 5, 2014 A4

But nonetheless interesting that members of the House forced the reinstitution of the 2nd reporting requirement.  Is the Ethics Committee less sensitive to appearances than the Members?  In an election year?

Do appearances matter to your information governance strategy?  Is external communications a part as well?

 

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Filed under Board, Communications, Culture, Inform shareholders, Internal controls, Investor relations

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