As we move into 2015 and the good economic times that seem to be carrying the United States along, it’s time for a refresher course in Why Ethics & Compliance Matter. We have two new examples that can go straight into your training materials.
We start with Brazil, formerly the economic dynamo of Latin America. Petrobras, the gigantic state-owned oil company there, now teeters on the brink of implosion thanks to a bribery scandal, and might take a considerable chunk of the already-sluggish Brazilian economy down with it. You want a good answer when employees in emerging markets ask why they should care about anti-corruption programs? This is it.
