Center for Leadership Development and Research

Rock Center lunch for students on Corporate Governance Challenges with with
Commissioner Preston DuFauchard, BA '79 Department of Corporations, California's Investment & Financing Authority
Date: November 4, 2009 (Wednesday)
Time: 1:00pm-2:00pm
Location: Stanford Law School-Room 95

Preston DuFauchard was appointed by Governor Arnold Schwarzenegger as Commissioner for the California Department of Corporations in June 2006.

How Framing Environmental, Social and Corporate Governance (ESG) Issues Into Investment Decisions Can Improve Performance of Investment Portfolios
Date: Monday, October 26, 2009
Time: 1:15pm - 2:00pm
Location: Stanford Law School, Room 85

Student lunch with Jerome Tagger, Chief Operating Officer of the United Nations Principles for Responsible Investment.

The UNPRI is an international, non-governmental organization and an investor initiative, in partnership with the United Nations Economic Programme Finance Initiative (UNEP FI) and the UN Global Compact, representing 20 institutional investors from 12 countries who are seeking to develop methods of incorporating environmental, social, and corporate governance (ESG) factors in their investment analysis and decision-making. Come listen to how international NGOs are working together to rebuild the international financial system through a set of core principles based on long-term stewardship.

Rock Center lunch for students with Donald D. Humphreys, Senior Vice President and Treasurer, Exxon Mobil Corporation
Topic: The Role of Corporate Citizenship in Meeting World Energy Demand
Date: October 16, 2009
Time: 1:00-1:55pm
Location: Stanford Law School-Room 190

Concurrent with the merger with Mobil in 1999, Donald Humphreys was named Vice President and Controller of Exxon Mobil Corporation. In July 2004, he was named Vice President and Treasurer of Exxon Mobil Corporation. He was elected Senior Vice President and Treasurer and also joined the Corporation's Management Committee effective January 1, 2006.

Rock Center Faculty Lunch on Tenure Voting with Toni Rembe and Professor Edward B. Rock, Penn-Law

Toni Rembe and Professor Edward B. Rock, Penn-Law discussed their research paper on tenure voting-an innovative approach pioneered during the turmoil of the early 1980s.

Michael Klausner, Stanford Law School, discussed his research on officer liability in securities class actions followed by a discussion by Boris Feldman, Wilson Sonsini Goodrich & Rosati, on rethorporate indemnification of officers and directors.

Faculty Seminar on Financial Crisis with
H. Rodgin Cohen, Chairman-Sullivan & Cromwell LLP

Faculty Seminar co-chaired by Professors Michael Klausner, Stanford Law School and Darrell Duffie, Stanford Graduate School of Business.

The primary focus of Rodgin Cohen’s practice is acquisition, corporate governance, regulatory and securities law matters for major U.S. and non-U.S. banking and other financial institutions and their trade associations.

Mr. Cohen and S&C are at the vanguard of critical issues and developments affecting financial institutions, and S&C has remained the chosen firm of leading global financial institutions seeking non-traditional investments, sales and restructuring arrangements in connection with the global credit crisis.

Perceptions on US Capital Market Adoption of
International Financial Reporting Standard (IFRS)
(by invitation only)

Speakers: Julie Erhardt, US Securities and Exchange Commission (SEC) Deputy Chief Accountant, and Professor Mary Barth, member of the International Accounting Standards Board (IASB).

The SEC has recently released its Roadmap for the Potential Use of Financial Statements Prepared in Accordance With International Financial Reporting Standards by U.S. Issuers which outlines considerations regarding potential adoption of IFRS in US capital markets. At this crossroad for financial reporting policy, this workshop was intended as a platform for academics and practitioners to help inform US regulators.

Sponsored by: Stanford Graduate School of Business, Center for Global Business and the Economy and The Rock Center for Corporate Governance

Rock Center Faculty Lunch with Prof. David F. Larcker

Professor David Larcker led a discussion on the massive accounting irregularities and associated governance failures at Satyam Computer Services. Satyam's balance sheet overstated cash and bank balances in excess of one billion dollars; the company has been dubbed "the Indian Enron".