Mining Journal attended our debate on managing corruption risks in the extractives sector. Miners are beefing up their compliance departments to cope with a plethora of new anti-corruption laws from the US, UK and EU. But many firms say it’s a struggle to comply with rules designed to root out bribery and malpractice in developing countries such as…
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David Green CB QC, Director of the Serious Fraud Office (SFO), was invited to lead GoodCorporation’s Autumn Business Ethics Debate on the subject of ‘Prosecution and Enforcement of the UK Bribery Act’. He began by talking about guidance and guarantees, stating that it would be wrong for a prosecutor to give any form of guarantee…
Leo Martin talks to Smallbusiness.co.uk about the corruption risks of international shipping and what this means for small businesses. Article for Smallbusiness.co.uk
Low labour costs and a stable political climate make India one of the most popular countries for foreign investment. Its economy has been liberalised over the last 20 years and successive Indian governments have actively pursued business-friendly policies. It has an efficient financial system, good railroads and a convenient location on a number of shipping…
The government’s decision to launch an action plan on business and human rights is a welcome one. As businesses have expanded their operations into increasingly challenging parts of the world, there has been some confusion as to the respective roles of state and business in protecting and respecting human rights, so it is encouraging…
Under the leadership of President Xi Jinping, corruption has become a hot political topic in China. As party leader he has made rousing speeches, vowing to tackle the problem of corrupt officials at both a high and low level. Prior to assuming power, he was known for his zero-tolerance towards corrupt officials. Now President, many…
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…