Last year, I was proud to participate as an adviser in a project commissioned by the U.K. government’s Business Integrity Initiative and overseen by Business Fights Poverty, which has been established to provide practical support for companies to help prevent bribery and corruption when doing business overseas.… Continue Reading
Every year for the past decade, BSR has surveyed sustainability leaders at our global member companies on the State of Sustainable Business, in a collaboration with Globescan. To mark our 10th year and reflect the shifting global agenda, we have updated the list of corporate sustainability priorities we track: ethics/ integrity and diversity/ inclusion just appeared on our list for the first time.… Continue Reading
Almost a year ago, James Cohen and I wrote about six megatrends that we believed would fundamentally transform how companies regard ethics, integrity, and the role of compliance. It seems clear that several of these trends are already making their way into the corporate status quo, admittedly faster than we expected.… Continue Reading
For the last several years, academic attention has converged on questions of behavioral ethics, and the findings are robust and sophisticated.
Organizations such as NYU’s Ethical Systems and the Santa Clara University Markkula Center for Applied Ethics provide a wealth of insight, tools and research to help companies access and use the latest thinking to enhance their internal ethics and compliance approaches.… Continue Reading
Martin Kenney’s provocative post last week for the FCPA Blog suggests that the Paradise Papers, like the Panama Papers, is just a titillating non-story. He makes a number of interesting arguments.… Continue Reading
Last week 1,300 government ministers, civil society representatives and business leaders from OECD countries gathered in Paris to discuss the profound integrity and trust challenges facing the world today.
The OECD Integrity Forum has gained significant momentum over the last few years, as it becomes recognized as one of the few opportunities to tackle ethics and compliance issues from a multidisciplinary perspective.… Continue Reading
A Gabonese national who was allegedly paid $3.5 million for facilitation services in Africa by hedge fund Och-Ziff was arrested this week as part of an FCPA investigation.
Unaoil described itself as an organization which “integrates western technology with global capability.” but this seems to have been a euphemism for paying bribes to secure energy contracts in high risk petrostates.… Continue Reading
The last five years have seen a dramatic shift in the transparency environment, in a trend that began with Wikileaks launching the Arab Spring, and which is now reaching fruition in the vast data leaks from Luxembourg, Unaoil and Panama.… Continue Reading
The Huffington Post/Fairfax Media’s report of bribery at Unaoil is another cautionary tale on how entire industries can find themselves under investigation for use of the same intermediary.
I worked in corporate investigations from 2003 to 2011.… Continue Reading
Corrupt organizations expect employees to parrot one set of values, while at the same time understanding that the real priority is to subvert these values by paying bribes to win business, or looking the other way when issues arise.… Continue Reading
The concept of corporate culture — generally defined as “the way we do things around here” — isn’t a rigid paper process. It’s hard to measure, which explains why corporate culture has been largely neglected by regulators and the anti-corruption-consulting industry.… Continue Reading