Author Archives: goodcorporation

justice scales

The UK Bribery Act – a gold standard worth preserving

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…

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Logistics companies exposed under UK Bribery Act

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…

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Government’s review of banks must avoid more rules

“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…

Comment from GoodCorporation on collapse in SFO raids

Leo Martin of GoodCorporation said: “Britain will remain a soft touch for corporate corruption if the Serious Fraud Office (SFO) fails to demonstrate that it has an effective system in place for investigating those suspected of malpractice.   The passing of the Bribery Act last year should have made it easier for prosecutors to catch…

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GoodCorporation launches human rights framework

Few organisations have a specific Human Rights policy in place or a nominated individual responsible for monitoring their human rights impact, revealed the latest GoodCorporation Business Ethics debate at the House of Lords. At the debate, only a handful of organisations admitted to conducting fact finding exercises to see what is happening on the ground…

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GoodCorporation comments on the Welfare to Work scheme

“The key problem with the Government’s welfare-to-work scheme is that it places businesses in the spotlight, facing potential allegations of exploitation. Many large companies have invested considerable amounts of time and money cleaning up their own organisations and putting systems and processes in place to ensure that they employ people fairly and properly. “They have…

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Is the finance sector’s reputation damaged beyond repair?

Whether or not the reputation of the finance sector is damaged beyond repair depends on the steps taken to establish a robust and honest framework within which it operates. The immediate focus of the financial crisis has quite rightly been on saving the financial system overall, focusing on the wholesale market and inter-bank lending. However…