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Date: April 29, 2024 Mon
Time: 9:43 pm
Time: 9:43 pm
Results for business ethics
1 results foundAuthor: Ernst & Young Title: Corporate Misconduct - individual consequences Summary: Global commitments to combating corruption and enhanced cooperation by international law enforcement agencies have increased the pressure on companies to mitigate fraud, bribery and corruption risks. While many businesses have made significant progress in tackling these issues, there remains a persistent level of unethical conduct. Boards need to be aware that regulators are enforcing anti-corruption legislation with vigor, and are increasingly focused on individual misconduct. Boards must respond and confirm that they are doing enough to protect their business from these risks – or both board members and their employees may be held personally responsible for misconduct under their watch. Combating corruption as a global priority There is an unprecedented level of support for combating bribery and corruption, from both governments and multilateral institutions. Such cooperation has led to enhanced collaboration among law enforcement agencies in 2016, with numerous high-profile prosecutions in the past year. There have also been concerted efforts to apply international standards on transparency of company ownership, including by the World Bank and by the Group of 20 (G20) member countries, as part its wider focus on corruption under the Chinese presidency in 2016..... Details: London: The Author, 2016. 48p. Source: Internet Resource: 14th Global Fraud Survey: Accessed march 18, 2019 at: https://www.ey.com/Publication/vwLUAssets/EY-corporate-misconduct-individual-consequences/$FILE/EY-corporate-misconduct-individual-consequences.pdf Year: 2016 Country: International URL: https://www.ey.com/Publication/vwLUAssets/EY-corporate-misconduct-individual-consequences/$FILE/EY-corporate-misconduct-individual-consequences.pdf Shelf Number: 155031 Keywords: Bribery Business EthicsCorporate Crime Corruption and Fraud |