Corporate Integrity at a Crossroads — The Harvard Law School Forum on Corporate Governance

The study gives you a good overview of where we are today, outlining the results and the changes following the economic crisis.   Small business need-to-know.  Not only are issues causing the crisis, such as integrity and ethics, predominant in corporate business but also in our healthcare today.  See 2 other posts recently:  Let’s Bring Back Accountability – Deborah Mills-Scofield – Harvard Business Review  and Patient Communication Study Shows Doctors Regularly Withhold Truth

Excerpt:  …….. behind these important legislative efforts and other international initiatives was a nagging truth: Companies went out of business, millions of employees lost their jobs and countless investors lost their life savings. What prompted the scandals that played a central role in the downfall of so many institutions? Call it greed. Call it slack compliance. Call it conflicts of interests. The fact is, too many organizations–both central to the crisis and in its periphery–have lacked a strong culture of integrity. In the end, one of the most significant lessons to emerge from the global economic crisis is that corporate ethics matter.

The question is, can governments effectively strengthen corporate ethics? Have these important investor protection efforts trickled down into the hallways, offices and conference rooms of financial services organizations? Is corporate integrity any better today than it was four years ago?

Read full article via Corporate Integrity at a Crossroads — The Harvard Law School Forum on Corporate Governance and Financial Regulation.

Advertisements

Comments Off on Corporate Integrity at a Crossroads — The Harvard Law School Forum on Corporate Governance

Filed under Leadership, Operations & Innovation, Small Business

Comments are closed.