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What You Can Do to Improve Ethics at Your Company

Harvard Business Review

The lure of incentives are a problem in boardrooms too: Bonus payments and executive share schemes are often based on short-term business metrics, which can be counter to long-term success. Is the focus on short-term results or long-term sustainable success ? Cross-cultural differences.

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Why Our Trust in Banks Hasn’t Been Restored

Harvard Business Review

To address this concern, banks have been hiring an increasing number of compliance officers. For example, JP Morgan has hired an additional 13,000 people in the area of compliance since 2012. Hiring more compliance officers is not going to help. Organizational culture Corporate communications Financial Services'

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Compliance Alone Won’t Make Your Company Safe

Harvard Business Review

These examples make clear that companies often do not know what’s going on in their own offices, which can severely damage their reputation. The dominant response to this state of affairs has been — and still is — to appoint an ever-increasing number of compliance officers.