UK businesses are failing to implement adequate anti-corruption controls three years after the UK Bribery Act came into force, making new scandals “almost inevitable”, according to a report by GoodCorporation. More than a third of 3,000 anti-corruption controls assessed by the company were deemed inadequate, along with 67% of due diligence procedures. Many of the…
Category Archives: Articles
Articles that GoodCorporation have added to give better insights to people.
January 2015 A new year, a fresh start… but how many organisations will boast new resolutions? Ethical Performance talks to key industry players about what they believe will be the prime sustainability issues in 2015 There is an exciting unanimity among key players in the ethical movement about what 2015 will bring. This is the…
Businesses faced a particularly difficult year in 2014 with major banks falling foul of the regulators due to trading and system failures; retail giants dealing with financial holes; and implementation of new remuneration and bonus clawback rules. It seems this trend of heavy regulation, implementing new rules and regulations and closer scrutiny – by regulators,…
The markets of Mexico and Indonesia present opportunities and risks. GoodCorporation analyses the prospects for businesses in these emerging markets in the January 15 edition of Governance & Compliance Magazine Much has been written about the potential and economic performance of the BRIC countries – Brazil, Russia, India and China. As growth in these markets…
Published on the Governance & Compliance website on December 19 2014 FIFA is to release the full report of its inquiry into the bidding processes for hosting the World Cup in Qatar and Russia, in answer to corruption allegations. FIFA president Joseph S. Blatter has said, in an official statement, that the FIFA executive committee has…
More than two thirds of the 175 countries around the world included in the 2014 Corruption Perceptions Index scored below 50 on the corruption scale in terms of public sector corruption. The scale is from 0 (perceived as highly corrupt) to 100 (perceived to be very clean). Of the 175 countries within the corruption index,…
A look ahead to the future business challenges set to make headlines in 2015 Businesses faced a particularly difficult year in 2014 with major banks falling foul of the regulators due to trading and system failures; retail giants dealing with financial holes; and implementation of new remuneration and bonus clawback rules. It seems this trend…
In the December issue of Ethical Performance, Leo Martin asks if the gambling industry is doing enough to promote responsible gambling According to the Gambling Commission, almost three quarters of the UK population participate in some form of gambling, up from just over two-thirds in 2007. While the vast majority of gamblers (92%) do so…
As we reached the end of a year which brought significant developments in regulation and legislation, Governance & Compliance Magazine took a look at the events that have prompted discussion at board level in the past 12 months. Remuneration under scrutiny The topic of executive pay has been rarely out of the headlines in 2014….
The collapse last year (2013) of the Rana Plaza factory building in Bangladesh, killing more than 1,130 garment workers, shocked the world. While campaigners had warned for years about the poor conditions endured by many of those making the cheap clothes worn and regularly discarded by western shoppers, the tragedy meant that the workers’ plight…
