The Global Principles laid out by the AIA and ASD will likely have several important long-term consequences—including enhanced scrutiny by government regulators—for industry stakeholders.
If you haven’t heard, Mark Hurd was relieved of his executive duties at HP, according to the Wall Street Journal, “in large part because of the conflict between his actions and the code of conduct, which he publicly championed in 2006 following a boardroom scandal.”
Any number of factors contributed to our economic collapse—credit default swaps, mortgage-backed securities, Ponzi schemes, subprime mortgages, and all sorts of other things that most of us had never heard of a year ago. But they all boil down to one simple concept: a loss of trust.
Perhaps the most important role E&C officers serve is that of “Corporate Clergy”. In this role, E&C officers advise business leaders and leaders in other administrative functions on what it means to be ethical and legal. In short, E&C officers advise on what compliance really means.
The first part of this article outlines five action items that CEOs and boards should take to elevate a qualified person to the important new role of Business Integrity Executive. Part II of this article explores the mirror image of this equation: the five necessary qualities of a successful BIE.
As many in the compliance profession are likely finding out, this difficult job becomes exponentially harder in tough economic times. Jim Nortz offers some guidance on how to weather the storm and not just survive, but thrive.
Andrea Bonime-Blanc, CCO at Daylight Forensic & Advisory LLC, discusses why all companies need ERM programs and lays out the necessary steps for building one from the ground up.
Several execs and employees of HP are being investigated by German and Russian authorities for paying bribes to foreign officials to win a lucrative contract. The investigation brings up a bevy of potential FCPA issues as well.
Authors from Miller & Chevalier discuss the implications of Senator Chris Dodd’s recent proposal that establishes a new program to reward whistleblowers who assist the SEC in an investigation of securities violations such as violations of the FCPA.
Ethisphere Executive Director Alex Brigham participates in a Q&A with CCI about the Institute’s recently released 2010 list of the World’s Most Ethical Companies.
