The explanatory value of ethics and ethical behaviour underpinning recent compliance events in China is a topic deserving of careful consideration. Searching for reasons why compliance events take place, while cognitive, could also involve a perceptual “feel”, or an attributional response. A...

This article considers what policy reforms may help catalyze corporate commitment to combating corruption. The starting point for this discussion is a voluntary, corporate principles approach to self-regulation. Such an approach should seek to encourage corporations to implement effective...

Governance, risk management, and compliance (GRC) are critical functions within companies — this much we know. Yet business leaders remain largely unsure of how to manage these functions effectively. The evidence is both anecdotal, as seen by recent corporate scandals, and research-based, as...

In 2019, the CEO and chairperson of BlackRock, the world's largest asset manager, called for corporate leaders to embrace corporate purpose and create value for stakeholders, and 181 CEOs of the Business Roundtable committed to lead their companies for the benefit of all...

Employee perceptions of an organization's compliance program are critical. A program that has lost legitimacy with its employees is not just ineffective, but creates more harm than good by leading to more unethical behavior. This paper first presents two different, but often working in tandem,...