All Ethics & Culture articles – Page 53
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Blog
To really improve corporate culture, it must be measurable
The days of viewing culture as a hazy intangible are over, given regulator interest in using the efficiency of cultural programs as benchmarks for everything from indictment decisions to penalties. Corporate culture, says Jose Tabuena, needs to be subject to performance benchmarks, like anything else.
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Blog
Tone at the top really does matter
The Man From FCPA Tom Fox looks at the case of disgraced pharmaceutical company Valeant and what new Chief Financial Officer Paul Herendeen has planned for the company’s future.
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FRC issues new Audit Firm Governance Code
The U.K. Financial Reporting Council has updated its Audit Firm Governance Code in an effort to improve investors’ faith in accounting practices. Paul Hodgson reports.
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Blog
Deutsche Telekom to study its ethics and compliance culture
Deutsche Telekom is working to boost ethical behavior and foster a speak-up culture within the company to minimize compliance risks. Jaclyn Jaeger reports.
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Article
Joel Katz: Walking the talk
Joel Katz’s legal acumen and communication skills have enabled him to build a robust compliance program that blends the hard facts of the law with the soft science of human nature.
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Blog
An employee suicide and corporate culture
The Man From FCPA Tom Fox examines the recent suicide of an executive with Abbot Laboratories in India and what happens when the numbers are more important than employees’ well-being.
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FRC: U.K. corporate culture needs serious work
The United Kingdom’s Financial Reporting Council has released a report of observations on overall U.K. corporate culture and highlighted a number of ways in which boards and management can make some much-needed adjustments. Neil Hodge has more.
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Blog
Monitoring corporate culture
A recent report from the Financial Reporting Council offers guidance to board chairmen on how to promote corporate culture. The report advises boards to align values, exercise steardship, and demonstrate leadership, among other steps. Paul Hodgson provides an in-depth look.
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Article
Christopher Michaelson: A man of letters
Bill Coffin catches up with Christopher Michaelson, who works as a professor of ethics and business, as well as a practicing business advisor. By keeping a foot in both the academic and practical worlds, Michaelson sees a path forward for ethics and compliance not just as a professional or as ...
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Blog
Empathy might be the secret ingredient your compliance program needs
Being a great compliance officer requires more than strong analytical skills and acumen. It requires soft skills like emotional intelligence, too, since compliance is ultimately all about people.
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Article
Ellen Hunt: The accidental expert
Bill Coffin talks with Ellen Hunt, chief ethics and compliance officer at the AARP, recently chosen as one of 12 compliance experts and featured in Compliance Week’s exclusive Top Minds edition.
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Blog
A roadmap toward executive-level gender diversity in the U.K.
The United Kingdom’s struggle for executive-level gender diversity continues, especially in the financial services sector, where only 23 percent of board directors and only 14 percent of executive committee members are female. The Women in Finance Charter offers a roadmap for how to address this, with a stern warning: Organizations ...
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Blog
100 largest companies’ human rights to be ranked
When it comes to taking a stand for various human rights—including health & safety, land rights, water & sanitation, and women’s rights—there are 100 companies that stand out for standing up and doing the right thing, according to the Corporate Human Rights Benchmark. Paul Hodgson has more.
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Blog
WADA and its non-response to whistleblowing
What are the implications of an entity not responding to allegations, which come to its attention through a whistleblower? In the FCPA world, such corporate behavior can lead to significant legal and financial consequences. The Man From FCPA was therefore intriged by recent reports that the World Anti-Doping Agency (WADA) ...
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Blog
New report: promoting workplace integrity globally
Ethics and compliance officers seeking more guidance on how to achieve and promote workplace integrity—doing what’s right in a professional context—now have a new, first-of-its-kind benchmark report at their fingertips. Jaclyn Jaeger offers a look at this Ethics & Compliance Initiative study.
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Article
CW2016: Putting compliance into practice
Yes, yes—companies everywhere know that having in place an effective compliance program is more important today than ever before, but how are compliance officers actually achieving that? Jaclyn Jaeger recaps this discussion from Compliance Week 2016.
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Blog
French nay on pay-cut
The controversy over Renault CEO Carlos Ghosn’s (pictured above) 2015 €7.2 million remuneration likely sparked revisions to France’s rules on compensation—including making say-on-pay mandatory and strengthening transparency rules. But so far, says Global Glimpses writer Paul Hodgson, Renault has no plans to change Ghosn’s compensation.
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Article
New gold standard for ethics and compliance programs
A first-of-its-kind report issued by the Ethics and Compliance Initiative aims to to provide ethics and compliance officers with a new gold standard for which to develop a high-quality ethics and compliance program. Jaclyn Jaeger looks at five core principles identified in the report.
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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 ...