Tagged: employee misconduct

The Risk of Employee Misconduct

Companies are hyper-focused on third-party risks, especially when it comes to anti-corruption risks.  And for good reason – a large percentage of FCPA enforcement actions involve illegal use of third parties to carry out illegal bribery schemes.  In this era of third-party risk management, however, companies may be missing a more significant risk – employee misconduct. In the global economy, companies face a number of...

ECI’s New Business Ethics Survey Confirms Misconduct Rates Declining — But Retaliation Rates Increasing

The Ethics and Compliance Initiative recently released the results of its global business ethics survey.  (Download Copy Here).  The last survey was conducted in 2017 and ECI’s survey provides important and valuable insights into corporate metrics and compliance, focusing on misconduct issues. The survey was conducted in late 2016 and 2017.  Thirteen countries were selected: Brazil, China, France, Germany, India, Italy, Japan, Mexico, Russia, South...

Slippery Slopes: “Broken Windows” and Employee Misconduct

Criminologists have debated for years the efficacy of the law enforcement strategy of “broken windows.” In simple terms, the theory suggests that minor infractions or petty crimes should be vigorously prosecuted in order to deter more serious crime. In addition, the theory suggests that a deteriorating environment (e.g. where broken windows are not repaired and allowed to increase), creates an environment where serious misconduct is...

Ethics, Temptation and Money

A corporate entity is like its own community – it has a culture, a set of values and principles that form the foundation for the company’s operations, and an overall purpose. The interesting factor that has to be identified, assessed and addressed is that a corporate entity has to be profitable, or in other words, it has to make money. We often hear that a...