ethics and profitability Archives - Corruption, Crime & Compliance

21 Jun, 2023

The Inextricable Link Between Ethical Culture and Profitability

Corporate governance frameworks seek to maximize management efficiency, risk mitigation, and business success. The most important tool for accomplishing these objectives is straightforward – a Culture of Ethics and Compliance. Business leaders have found religion and started to embrace a culture of ethics as an engine for success. Compliance professionals have been singing this song for years. Suddenly, corporate leaders are starting to ask questions...

General

21 Mar, 2019

Ethics, Profits, Sustainability and Stakeholders: An Update on a Familiar Relationship

And now we return to a familiar theme with some important updates – I always start with the simple proposition: ethical companies perform better over the long run; that does not mean that ethical companies will always be profitable, but it does mean that ethical companies will perform better than they would otherwise perform. Some call this the ethical advantage or the ethical premium. I...

General

10 Jan, 2018

Three Simple Steps to Improve Your Corporate Culture

Lauren Connell, Managing Associate at The Volkov Law Group, rejoins us and provides a posting on corporate culture. Lauren can be reached at [email protected]. What exactly does “corporate culture” mean? Compliance professionals often talk about how important “tone from the top” or the “mood in the middle” is, but what does that really mean? Improving corporate culture has been directly tied to higher profits and...