FRYearly Archives: 2013
The need for effective global compliance and governance has never been more pronounced. Failing to get these vital areas of management right can have lasting and damaging consequences for international corporations. From our Business Ethics Debates we know how much of a challenge it can be for multinationals to embed the necessary policies and codes…
Recent events such as the UK horsemeat scandal and of course, the tragic consequences of the collapse of a factory complex in Bangladesh, have focused attention once again on the supply chain. Big brands are getting tarnished as a result of accidents and incidents that may expose weaknesses in business ethics and responsibility. It also…
Our business ethics debate opened with the suggestion that on a scale of 0-100, where 100 is the worst; business ethics are closer to 100 than zero. But are business ethics getting worse or better? Business ethics had reached its nadir in the mid noughties, it was argued, but was now starting to improve. Giving…
Leo Martin argues that good CSR programmes must have a genuine business benefit to survive in tough economic times Responsible business: surviving harsh realities of a downturn – FT.com
Why don’t we see things coming? Risk and governance issues seemingly continue to move up Board agendas. Anticipating and preventing problems should be second nature in most boardrooms. Yet scandals such as LIBOR and the horsemeat fiasco keep on happening. It’s clear we must be missing something. Not only does this make businesses more vulnerable…
Reviewing a law to make sure it is fit for purpose is clearly wise. Legislation can have unintended consequences, so checking that this is not the case makes perfect sense. However, the recent decision to review the Bribery Act seems likely to create confusion and uncertainty, just when clarity and confirmation are needed. Impacts and…
Leo Martin talks to Compliance and Governance magazine and argues that changing culture not regulation is the key to restoring trust Is regulation the answer?
Logistics companies and their clients run the risk of prosecution under the Bribery Act. Research* carried out by business ethics experts GoodCorporation has revealed that twelve months after the Bribery Act was passed, a significant number of logistics companies appear to have insufficient procedures in place to prevent corruption, which puts themselves and their clients…
“If the government’s review of the banking industry, announced today, focuses on creating more rules it is destined to fail”, said Leo Martin of business ethics advisers GoodCorporation. “Scandals such as mis-selling and more recently LIBOR have been caused by poor behaviour rather than a lack of rules. In order to avoid a repetition of…
