Tuesday, October 07, 2008

Lipscomb U., Bone McAllester create Corporate Governance institute

The Lipscomb University College of Business and Nashville-based Bone McAllister Norton PLLC today announced the creation of the Dean Institute for Corporate Governance and Integrity. The founders explained in a release today that the institution's identity reflects the fact that the development of the new organization was funded by drawing on an endowment previously established for Lipscomb by Hilton and Sallie Dean, he being the chairman of the Lipscomb board of trustees and the retired vice chairman of Ernst & Young LLP. Lipscomb Business Dean Turney Stevens (pictured at left), explaining the new institute's mission, said in the release, "Integrity cannot be regulated and honor cannot be enforced – they are qualities of a deeper nature, guided by principles and informed by faith.” Stevens is co-founder of the Dean Institute. Prior to joining Lipscomb, Stevens was founder and CEO of Harpth Capital. According to today's announcement, the program was designed by Stevens and by Bone McAllister's Charles Bone and Trace Blankenship. In today's statement, Lipscomb President Randolph Lowry explained the new institute will approach corporate governance "from a faith-based perspective," in an effort to encourage development of successfully performing businesses led by persons with demonstratable integrity. Lipscomb was founded as Nashville Bible School in 1891 and its mission includes a commitment to integrating Christian faith and practice with academics.

No comments: