Newswire: February 4, 2007 - Ethics
You've adopted codes of ethics and conduct but apparently no one knows about it. Apparently they can only be found buried on intranet sites where employees have to proactively seek them out.
- Survey Reveals Poor Ethics And Compliance Adherence
TheLawyer.com
The survey found that although 99 per cent of companies have codes of conduct or statements of values and principles, only 50 per cent ensured all employees were aware of the information contained in them.
Additionally, fewer than one in 10 of the respondents expect budgets for compliance projects to increase significantly. More than half believe that conflicts with other business priorities are preventing companies from investing more time in tackling compliance and ethics issues. As a result, it's unlikely that companies will be able to attract suitable compliance lawyers to implementing effective ethics and compliance programmes.
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Posted by Michael McKinney at 06:15 PM
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