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Nov 4
Large Companies focusing on ethics and compliance training

A new study shows that major companies are continually investing in training concerning corporate ethics and compliance. Specifically on Sarbanes-Oxley, using computers correctly and financial integrity.

The study was spread across 350 companies and included the compliance-training records of 2.5 million employees who took part in Integrity Interactive's Web-based ethics and compliance courses.

The major focus of large corporations is on the financial integrity side of the issue, as they try to stem the temptation to partake in things like the current backdated stock options scandel and dishonest ethics 2.jpgfinancial reports.

With computers, companies are training their employees on the ethics of using it properly. Many employees say things that can even go to the point of being illegal, and at minimum - inapproprate.

"Today you cannot read the paper or watch the news without seeing a story about a corporate scandal or a major ethical lapse," said Richard J. Cellini, a vice president at Integrity Interactive Corp. "The trend is actually accelerating, from backdating stock options and falsifying sales reports, to corporate board spying. We live in an era in which corporations are subject to tremendous compliance requirements, and face serious consequences for ethical or legal failings."

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2 Comments/Trackbacks




It's nice that the corporate world is getting a dose of ethics. However, the word "compliance" scares me! Are we teaching employees to think for themselves, or think what their superiors do?

Unfortunately, the ethics problems have created the "compliance" mess.

If ethics aren't embraced and encouraged more, it could create such an atmosphere of oversight, that it strangles a lot of innovation and creativity.

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