Transcription of Ethics and compliance The advantage of a values-based …
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Ethics and compliance The advantage of a values-based …
Ethics and complianceThe advantage of a values-based companies and their senior executives and board members may be held accountable - personally accountable. 3A compelling case for changeIn the context of corporate governance, compliance means obeying the law. Ethics is the intent to observe the spirit of the law, in other words, it is the expressed intent to do what is right. The aftermath of unethical behavior can be devastating for a company, as we have seen time and time again. Therefore, a program that strongly emphasizes both Ethics and compliance is good incidents of corporate frauds in India have raised the ante for ethical behavior and effective enterprise-wide compliance programs.
audit committee to review procedures for the receipt, ... internal accounting controls, or auditing matters, providing for adequate safeguards against victimization of employees who avail of the mechanism and also provide for direct ... , the board of directors should play a visible role in overseeing ethics and compliance. Their
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