Ethics & Culture

Memo to corporate compliance executives and board members: Prepare to recheck your compliance program in light of changes to the Federal Sentencing Guidelines expected to take effect later this year. The U.S. Sentencing Commission voted to adopt changes to the guidelines that apply for the sentencing of organizations contained in Chapter 8 of the Guidelines […]

$21.8 billion drug maker, Eli Lilly and Co., said it plans to create four new senior-level ethics and compliance positions to further support the centralized global compliance and enterprise risk management function, the company said in a filing. The establishment of the new positions are part of a deal to settle two shareholder lawsuits over […]

In the latest of our conversations with corporate governance and compliance officers, we talk with Dave Farrell, chief compliance officer of Yahoo, about the company’s interactive ethics campaign, “On the Road With the Code.” Readers can also visit our archive of Q&A interviews. DETAILS Farrell David Farrell joined Yahoo in June 2007 as the company’s […]

Chief compliance officers may want to re-read that old copy of The Prince and go for the office power grab in 2010. Apparently all the cool kids in corporate governance support you already. Within the last several months, we’ve seen numerous signs—regulatory settlements, best practices guides, proposed revisions to the U.S. Sentencing Guidelines—that federal regulators […]

Almost a decade after Enron’s implosion, some public companies appear to be dodging required ethics disclosures intended to prevent the sort of insider dealings that helped bring down the legendary energy company, according to a new academic analysis. The study says that at least some disclosure of related-party transactions mandated under Section 406 of the […]

While the tough economic times have impacted compliance and ethics efforts, the hit hasn’t been as bad as some expected, according to a recent survey of compliance executives. Overall, compliance budgets fared better for 2009 than compliance professionals expected, and the outlook is more upbeat for 2010, according to a survey conducted by the Society […]

Maybe the down economy has a silver lining after all: Employees behave better in times of a recession. That’s according to the findings of a survey of nearly 3,000 employees conducted by the Ethics Resource Center. The study revealed that key measures of ethical behavior—the amount of misconduct observed, the willingness to report misdeeds, the […]

MED3OOO, a provider of healthcare management and technology products and services, recently appointed Hillary Harlan to the position of chief compliance and ethics officer. In this new role, Harlan will be responsible for the oversight of MED3OOO’s corporate compliance and ethics program, as well as compliance oversight for MED3OOO’s operating units throughout the United States. […]