As a result, the extended supply chain now has many additional points of potential failure, suggesting that new approaches to risk management can be beneficial.

FORBES: Supply Chain Risk a Hidden Liability for Many Companies

Investigators said the shortcomings pointed to serious and wide-ranging management failure leaving the council exposed to a higher level of financial, legal and reputational risk.

BBC: Edinburgh Statutory Notice report reveals ?27m gap

Wells Fargo's revised policy takes back unpaid compensation awards in the event of misconduct, material error, failure to supervise or in the event the company or an individual executive's business group has a material downturn in financial performance or failure of risk management.

WSJ: Banks Bow to New York on Clawbacks