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  "notes": "Uses a quote as a benchmark for ethical behavior to frame the company's actions as a failure of governance.",
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      "text": "Arconic management traded legal claims belonging to the Company and its shareholders in exchange for a voting lock-up agreement personally benefiting themselves. What does that say about 'the tone at the top'?",
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      "text": "Arconic management traded legal claims belonging to the Company and its shareholders in exchange for a voting lock-up agreement personally benefiting themselves. What does that say about \"the tone at the top\"?",
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      "text": "It is the Board's job to 'Establish the appropriate 'tone at the top' to actively cultivate a corporate culture that gives high priority to ethical standards, principles of fair dealing, professionalism, integrity, full compliance with legal requirements, ethically sound strategic goals and long-term sustainable value creation.'",
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      "text": "Source: \"The New Paradigm, A Roadmap for an Implicit Corporate Governance Partnership Between Corporations and Investors to Achieve Sustainable Long-Term Investment and Growth,\" Martin Lipton, Wachtell Lipton Rosen & Katz, prepared for the International Business Council of the World Economic Forum, available at: www.wlrk.com/docs/thenewparadigm.pdf",
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      "text": "Ethics Concerns: Vote Buying Agreement (cont.)",
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