All Ethics & Culture articles – Page 53
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Article
Experts talk on boosting hotline effectiveness
A recent hotline analysis from NAVEX Global has identified ways in which companies could improve their helpline programs, including shortening the median case closure time. Karen Kroll provides an in-depth look at the results.
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Blog
In Brazil, accountability has to start somewhere
The effort to unseat embattled Brazilian president Dilma Rousseff is receiving criticism because it is really an effort by her even more corrupt rivals to grab power. While that may be correct, does it matter, asks Editor Bill Coffin. Or is it just a handy excuse for giving Rousseff and ...
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Blog
What does the controversial pay raise for BP’s CEO mean for compliance?
Image: What are the implications of CEO pay during an economic downturn for your compliance program? In this piece, the Man From FCPA Tom Fox explores that question in the context of BP’s recent pay raise given to Bob Dudley, who, as CEO, laid off thousands of employees and saw ...
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Resource
e-Book: Ensuring confidence in your ethics training program
Most compliance and ethics officers are fairly confident about the content of their ethics training programs. It's delivering it in a way that keeps employees engaged that can be the hard part. In this e-Book, produced by Compliance Week in cooperation with NYSE and Second City, we try to cut ...
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Resource
The OCEG GRC Illustrated Series: GRC for Conflict of Interest Management
FACT: Employee conflicts of interest (COIs) are observed often, but reported rarely. COIs are the third most commonly observed type of misconduct, according to the 2013 National Business Ethics Survey (NBES), but only 49 percent of workers who observe COI misconduct are reporting what they see.FACT: Companies aren’t effectively managing ...
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Article
Harmonizing corporate disclosure on climate change by making the most of your CDP response
Linking corporate sustainability and good business results is a big part of driving companies to adopt more environmentally responsible outlooks and operational strategies. But there is more than one way to determine that link, and harmonizing the results between various methodologies is key for creating the best kind of sustainability ...
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Blog
German World Cup bid now under FIFA scrutiny
The ongoing FIFA corruption scandal takes on new life as some of the top names in German soccer, as well as sports apparel manufacturer Adidas, appear to be implicated in the 2006 World Cup bid. CW’s Tom Fox reports on this latest ethics investigation.
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Blog
Living in glass houses can be a good thing
A recent visit by CW Editor Bill Coffin to a building with no solid walls, and a chance encounter with one of the world’s wealthiest people offered a compelling case for the pursuit of transparency in both the literal and figurative sense.
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Blog
The cost of integrity
Image: At the Global Ethics Summit, GE General Counsel and SVP Alex Dimitrief talked about what it means to promote a culture of integrity and the true costs of ethical lapses. When a business goes astray, it’s not a call for added workflows or approvals, he said. It’s a sign ...
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Article
Volkswagen: A lesson in implicit versus explicit rules and regulations
As uncertainty swirls around what Volkswagen executives knew or did not know about the company’s emissions cheating, this much seems certain: To achieve accountability going forward, Volkswagen executives must commit to creating a corporate culture in which employees and executives follow the same codes of conduct. Inside, guest columnist JTI ...
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Blog
Winter is coming
It is easy to see data that is slightly off and to accept it, but what happens when you start accepting data that deviates from your deviation? It sounds crazy, but it happens all the time. Perhaps one of the best ways to combat this kind of creeping non-compliance is ...
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Resource
5 Key Things Your “Policies Policy” Must Have
Your policies and procedures tell your employees, partners, customers, and vendors how you operate–from the offers you price, to the credit you extend, from the trades you conduct to the parties you hire.With so much at stake, and all of it within a fluid context of changing regulations and expectations, ...
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Blog
Ethics, Compliance, and GRC: A Foot on Both Banks
Ethics & compliance is one thing, and governance, risk & compliance is another, and yet, both seem to overlap significantly. When considering how often compliance issues begin as ethics issues, Editor Bill Coffin wonders what can be done to ensure a more seamless integration of ethics into compliance, governance, and ...
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Article
Top Five Ethics and Compliance Failures of 2015
Same story, different year: pressure from senior leaders, a laissez-faire attitude toward bribery and corruption, and middle managers that neither practice nor value a robust culture of ethics and compliance all resulted in some of the biggest corporate faux pas of 2015. Inside is Compliance Week’s list of the top ...
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Blog
Game of War
Image: When it comes to video games, there are violent games, games that are objectionably violent, and then there are games that actually manage to cross an ethical line in the sand. So when CW Editor Bill Coffin’s son asked for a game for Christmas that hit that third category, ...
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Blog
The Mast Brothers Meltdown
For years, Mast Brothers, a brand of high-end, artisanal bean-to-bar chocolate, has proven to be an unlikely success story, making small batches of expensive chocolate bars from its humble operation in the heart of the hipster world—the Williamsburg neighborhood of Brooklyn, New York. But when Dallas-based food writer Scott Craig ...
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Article
It’s Time to Stop Thinking of Whistleblowers as “Nut Jobs”
A recent comment about whistleblowers largely being crank cases has raised the ugly notion that those who report wrongdoing are more often venting a personal grudge or prosecuting a baseless case, than actually raising a legitimate issue. But in this age of heightened governance concern, can such a cavalier attitude ...
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Blog
What’s Behind the High Rate of Insider Fraud?
Image: According to Kroll’s 2015 Global Fraud Report, close to three-quarters of global companies reported fraud occurences in the past year—81 percent of which were inside jobs. Is employee fear of compliance behind the numbers? “Compliance can be seen as a burden to employees because it is easy to ...
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Blog
The Big Lesson From Compliance Week Europe
Image: The Compliance Week Europe conference last week was a smashing success—a large turnout, of compliance professionals from across Europe (and beyond), who had vigorous discussions on all manner of topics, capped with great Belgian beer. Still, Compliance Week editor Matt Kelly writes, the most important lesson from our Europe ...
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Resource
Actionable Insights from the 2015 World's Most Ethical Companies®
It’s clear that just as regulatory oversight has never been more complex, public expectations about transparency, corporate culture, and business behavior are part of everyday conversation. These factors, among others, have led to an expansion in the field of ethics and compliance. Leading practices of prior years have become today’s ...