All Ethics & Culture articles – Page 16
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ArticleOpioid cases against retail pharmacy chains yield compliance lessons
Two cases involving five retail pharmacy chains winding their way through court foretell a long and costly road ahead for all companies across the pharmaceutical supply chain battling litigation for their alleged roles in fueling the opioid epidemic.
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ArticleTimely reminder: Take care of yourself over your work
The death by suicide of Bed Bath & Beyond CFO Gustavo Arnal hits home for those that understand the pressure that comes with working in the C-suite. Advice from a leadership expert says stress must be balanced with recovery.
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ArticleEU countries take varied approaches to combating greenwashing
European regulators are taking greater steps to clamp down on companies’ misleading ESG claims, but experience shows different countries have differing priorities about tackling dishonest marketing.
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ArticleWorkforce changes impacting accounting and finance recruitment, retention efforts
More than 80 percent of public companies reported accounting and finance talent retention issues over the past 12 months, according to a Deloitte Center for Controllership webcast poll.
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ArticleLawsuit: HSBC Bank exec alleges discrimination, unauthorized WhatsApp use
Monique Thacker, a current HSBC Bank USA executive, claimed in a federal lawsuit she was discriminated and retaliated against for raising regulatory violations involving unauthorized communications by bank employees that were downplayed or ignored by management.
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ArticleThe art and skill of delivering bad news
Amii Barnard-Bahn shares her six-step process to help increase receptiveness when communicating bad news and reduce the likelihood of backlash toward the message being delivered.
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ArticleWe bet you’ll love us: Try Compliance Week risk-free for 30 days
For a limited time, Compliance Week is offering 30-day free trial memberships to demonstrate the value we bring to those who serve the cause of ethics and compliance.
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ArticleAdaptability: An overlooked, and underrated, compliance skill
Compliance professionals can utilize adaptability for its many benefits both individually and for the firms in which they work. The question, then, is how they do so.
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ArticleWells Fargo confirms DOJ probe into diversity hiring practices
Wells Fargo disclosed in a regulatory filing the Department of Justice has opened an investigation into the bank’s “hiring practices related to diversity.”
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ArticleBehavioral science: A tool for successful cultural change
Real cultural change requires an understanding of the drivers of human behavior. And the most effective means of grasping these drivers is through behavioral science.
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ArticleHow compliance can help prevent human trafficking
There are many organizations that seek to prevent human trafficking, but their work can sometimes seem distant and detached from our roles as compliance professionals. We must consider how to bridge that gap, with a particular focus on supply chains.
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ArticleNew environmental, social issues made for ‘unprecedented’ 2022 proxy season
Companies across many industries were kept on their toes during the 2022 proxy season, with shareholders filing an extraordinary number of proposals pertaining to a broad array of environmental and social issues.
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ArticleHow to deal with cultural arrogance
Arrogance is an unpleasant trait to deal with in our professional careers. It is, however, perennial. Learning how and when to face it will be a long-term useful skill.
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ArticleFRC finalizes $17.4M fine against KPMG for Carillion, Regenersis dishonesty
KPMG was fined £14.4 million (U.S. $17.4 million) and severely reprimanded for providing false and misleading information relating to its audits of construction company Carillion and software business Regenersis.
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ArticleDear SEC: The compliance community wants to be a partner, not a target
Communication between the Securities and Exchange Commission and the compliance community is not happening as robustly as compliance practitioners would like. The result is compliance officers are more concerned than ever the agency will target them in an enforcement action.
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ArticleBiogen discloses $900M agreement in whistleblower kickback suit
Massachusetts-based biotechnology firm Biogen reached a $900 million agreement in principle to resolve a False Claims Act lawsuit brought by a whistleblower alleging the payment of unlawful kickbacks to physicians.
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ArticleMind your language: How small changes in phrasing make big differences
Risk and compliance professionals are tasked with trying to change attitudes and behaviors to achieve their goals. Subtle adjustments of emphasis and wording can have a significant impact on their success.
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PremiumQ&A: Flex CECO Andy Powell on scorecard to measure ethical culture
Andy Powell, senior vice president and deputy general counsel, chief ethics and compliance officer at Flex, discusses with Compliance Week the company’s approach to ethics and compliance and how he sees the profession evolving.
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Article‘Uber Files’ a reminder of toxic leadership’s lasting stain
Uber’s troubled past is a story we already know, but the extent of the unethical activities alleged to have previously taken place within its walls still manage to make for gripping headlines—and serve as a reminder of the inescapable shadow of toxic leadership.
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Article‘Ethical Machines’ breaks down AI ethical risk mitigation planning
It’s only a matter of time before regulators legislate how companies vet artificial intelligence. Ethicist Reid Blackman’s new book, “Ethical Machines,” advises companies on how to implement AI ethical risk mitigation strategies and avoid regulatory, legal, and reputational fallout.