The Right Culture Prevents Corruption

The emphasis here is on the Board and C-Suite of multinational corporations and the responsibilities that this group has in shaping culture. With the right culture, an organization can establish an effective compliance and bribery prevention program, which will improve resiliency. Moreover, it will help prevent the ethical lapses that so many corporations continue to experience.

Five central themes are discussed. These include: setting the tone; learning from mistakes; identifying ethical and compliance risks; accountability; and, monitoring for effectiveness.

Ethics is knowing the difference between what you have a right to do and what is right to do

Potter Stewart