Baruch's Nationally Prominent Center for Financial Integrity Re-Named in Honor of Attorney Robert Zicklin
--The Center Begins A New Year on Sept. 28 with an Accounting Roundtable Examining New Issues in Principles vs. Rules Debate--
BARUCH COLLEGE, NEW YORK, NY (8/24/04) – Baruch's Center for Financial Integrity, which has gained national prominence in leading public discussion and academic research into issues of accounting and auditing standards and rules of corporate ethics and governance, has been renamed the Robert Zicklin Center for Corporate Integrity.
The center will continue its work in those areas under the new name, which was made possible through a gift from Lawrence Zicklin, Baruch alumnus, chair of its nongoverning board, the Baruch College Fund, and chairman of the brokerage firm Neuberger Berman Inc.
This generous gift allows us to continue and to expand our work as a national center for research and discussion of issues of business ethics, financial standards, and corporate integrity and governance, said Professor Steven B. Lilien, who directs the Center. We are grateful to Larry Zicklin whose support has been crucial to the center since its inception four years ago.
Zicklin's gift of $2 million is part of his continuing support of Baruch and the Zicklin School of Business as well as of the center. He explained: I wanted not only to help the center but to recognize Bob Zicklin, who passed away not long ago at age 66. He was my cousin and my closest friend. We grew up together -- he lived across the street from me in Flatbush and we worked in the same candy store together in the neighborhood when we were kids. He went to the Wharton School at the University of Pennsylvania and then on to Yale Law and after a period in the Justice Department he started his own firm, Laventhall and Zicklin. Bob was in the best sense a stickler for ethics and the law; he never cut corners, he always played down the middle, and for me he was the model of integrity.
Discussing the center's mission, Zicklin said, I think everyone's vision for the center is that it be a place that upholds that model, a place that has the courage to bring forward and debate cutting-edge issues of ethics and integrity in business. There are only a few institutions around the country like that, because so many institutions are funded by the very entities that need to be examined and discussed. The Robert Zicklin Center can rise above that. We can be the place where the corporate public and the investing public looks when they want to know about corporate integrity. We should be fearless and serious.
The Zicklin Center's first event of the year is a roundtable discussion at noon on September 28 at Baruch's Newman Vertical Campus. Entitled Accountable Accounting: Principles v. Rules, it examines recent developments in that debate.
It will feature remarks from, among other participants, Colleen Sayther, president and CEO of Financial Executives International ; Charles M. Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware; Katherine Schipper, member of the Financial Accounting Standards Board (FASB); Melvyn I. Weiss, Senior Partner, Milberg Weiss Bershad and Schulman; Philip D. Ameen, Vice President & Comptroller, General Electric Company; William Bratton, Professor of Law, Georgetown University Law Center; John A. Elliott, dean of the Zicklin School of Business at Baruch College; Thomas Newkirk, Associate Director, SEC Enforcement; Howard Schilit, author of Financial Shenanigans; and Douglas R. Carmichael, Wollman Professor of Accounting at Baruch College (on leave) and chief auditor of the Public Company Accounting Oversight Board (PCAOB). Ned Regan, CUNY University Professor, former Baruch president and former Comptroller for the State of New York, is chairing the roundtable and it will be moderated by Arthur R. Miller , Bruce Bromley Professor of Law at Harvard University.
Information on the program and how to register is available on the Center's website, http://www.baruch.cuny.edu/cci.