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Report: Compliance Program Effectiveness Index

Culture and ethics advisory firm LRN has released its annual report on compliance program effectiveness, correlating a measure it calls PEI with observed outcomes over the last three years. As you can see from Figure 1, about two-thirds…
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Week That Was in Ethical Systems, 5/5/14-5/11/14

Ethical behavior is just smart business, in The Boston Globe When we talk about ethics, we sometimes focus on the moral implications of a particular role in business. One role that is often overlooked is that of the customer. This…
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Five Key Features of a Good Ethics and Compliance Program

There's a lot of momentum in the corporate world for creating real and effective ethics and compliance programs (spurred on by the incentives in laws such as the Federal Sentencing Guidelines). There's a lot of wisdom on how to create effective…
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Teaching Business Ethics Through Fiction

Harvard Business School professor Joseph Badaracco teaches a course titled "The Moral Leader," in which he has defined leadership as "a struggle by a flawed human being to make some important human values real and effective in the world as it…
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Week That Was in Ethical Systems, 4/28/14-5/4/14

Is Ethics Winning in Business? Chart Points to That Trend, in The Wall Street Journal The Dow Jones Risk & Compliance annual anti-corruption survey indicates a decrease in the number of companies reporting they lost business to an…
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#EthSys Insights 4: Robert Frank

#EthSys Insights is a video series where we have experts answer questions about ethical systems design. For our fourth installment, we had the pleasure of asking our Cheating & Honesty contributor, Robert Frank, to clear up contemporary misconceptions…
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#EthSys Insights 3: Amy Wrzesniewski

#EthSys Insights is a video series where we have experts answer questions about ethical systems design. For our third installment, we were fortunate to have a visit from Amy Wrzesniewski,  Associate Professor of Organization Behavior,…
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Behavioral ethics and compliance: what the board of directors should ask

[This essay was originally posted on the Conflict of Interest Blog.] In “Behavioral Ethics: Can It Help Lawyers (and Others) Be Their Best Selves?” – a preliminary draft of a paper which has been accepted for publication by the Notre…
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Week That Was in Ethical Systems, 4/14/14-4/27/14

Today we have a roundup of articles from the past two weeks: Making Use of Non-Financial Disclosures, in The Wall Street Journal A recent survey found that 9 out of 10 investment professionals said non-financial disclosures (e.g.,…
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#EthSys Insights 2: Marc Hodak

#EthSys Insights is a video series where we have experts answer questions about ethical systems design. For our second installment, we turn to Corporate Governance contributor Marc Hodak, adjunct professor at NYU-Stern. Marc answered the…