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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 »Anti-Corruption Risk Assessments for Global Business Organizations
Until recently, many global companies likely felt little need to conduct anti-corruption risk assessments. But that has changed dramatically, due in part, to the OECD’s 2010 good practice anti-corruption standards, which deemed risk assessment
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 »Global Anti-bribery and Corruption Survey 2011
Bribery and corruption exist in all parts of the world in varying degrees. KPMG International commissioned a survey of 214 executives in the U.S. and the UK to identify their most vexing anti-bribery and
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,
Read More »Preventing Corruption
WHEN A CORPORATE SCANDAL throws a company into crisis or even destroys it, many onlookers’ reaction is that the people involved must have been immoral. Certainly they, the onlookers, would never become involved in
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