The Ethical Shield
Just as compliance continues to take on increasing importance for businesses around the world, so too have questions of ethics. But the relationship between the two concepts and their implications for business in general are not always easy to pin down – particularly in the context of investigatory risk.
Virtually all respondents to our survey had an opinion on whether ethics and compliance were treated as two different topics within their organisation. There was no overwhelming consensus, however 61% of survey participants said that they are not treated as distinct concepts within their organisations; 35% said that they were.
‘Many companies think that these should be separated, where one should focus on the law and the other on the company culture as a whole,’ explains Armando Cruz, director at KPMG in Mexico.
