How Companies Can Take a Stand Against Bribery
SEPTEMBER 17, 2018
External standards can also be a powerful tool in support of those efforts, helping companies strengthen ethics and compliance practices by offering a clear framework for action. It also requires that the compliance function be staffed by those with the right skills, status, authority, independence, and resources. Siemens was able to rebuild trust after a bribery scandal that reached the top of the organization, in part by implementing an effective compliance program.