Business Ethics »
Business forum: Good companies don’t bribe. Period.
The anti-bribery standards Congress enacted 35 years ago help both U.S. businesses and global development. For many years, Minnesota and its business community have proudly been leaders in instituting ethical business practices and promoting human
Read More »Wal-Mart chief commits to ethical actions as bribery charges cast doubt
WaL-MART Stores chief executive Mike Duke told employees and shareholders at the company’s annual meeting on Friday that the retailer, whose executives are accused of bribing Mexican officials, was committed to ethical behaviour. Speaking before
Read More »Executive fraud and bribery risks increase during downturn
More than half of UK executives would not rule out unethical activities to survive a downturn despite stricter bribery laws, Ernst & Young’s 2012 Global Fraud Survey has shown. Ernst & Young’s 2012 Global
Read More »Ethics Matters
Ellis began his posting by stating, “In Latin America, a company’s reputation matters.” He based this statement on a recent survey, conducted by Germany’s Humboldt-Viadrina School of Governance, which sought to assess how incentives
Read More »Issues relating to bribery and corruption in M&A transactions
The anti corruption movement is perhaps the most enduring symbol of the year 2011 in India, and is likely to dominate popular dialogue for the years to come. Although the connection between corruption and
Read More »Code of Conduct – The Cornerstone of Your FCPA Compliance Program
The cornerstone of a Foreign Corrupt Practices Act (FCPA) compliance program is the US Federal Sentencing Guidelines (FSG). They contain seven (7) basic compliance elements that can be tailored to fit the needs and
Read More »The ethical dilemma: Saying no to corruption
Normally, financial corruption between the public sector and the private sector is condemned on moral and legal grounds. This is what we said in the first part of this article and then we also
Read More »Corruption continues to be the most common ethical issue for business
Siemens, Alstom, Citigroup, Torex Retail, Innospec – just some of the companies who were recently named and shamed by the media for incidences of bribery, corruption and fraud. The Institute of Business Ethics’ latest Briefing,
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