In Chapter 6, Trevio and Nelson note:

In 2004, the U.S. Sentencing Commission released revisions to the guidelines, including the expectation that the board of directors will oversee the compliance and ethics program, that senior management will ensure its effectiveness, and that the compliance officer will have adequate authority and access to senior management.

Answer both of the following in one well-thought answer of about 6-8 well-reasoned sentences:

1. What problems was the Commission likely trying to prevent?
2. What are the likely benefits when a company has this kind of governance structure, versus when one or more of these conditions are not met?