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Different Approaches to Ethics in U.S., EU, Japan, China

Dunn Christine | November 13, 2007

When it comes to corporate ethics, technology may again be playing an important role in leveling the playing field, and helping to create more consistent policies and standards in companies across the globe.

“We live in an age of information, where there are no secrets, and no places to hide,” says Keith Darcy, chief operating officer for the Ethics and Compliance Officer Association, based in Waltham, Massachusetts. “All day-to-day, standard business practices will see the light of day eventually—information can no longer be contained. That’s transforming decision making and creating a greater sense of conformance to acceptable standards of what’s good and right.”

There’s no question that the corporate scandals that rocked the U.S. at the beginning of this century sharpened the focus of companies, and countries, on the importance of establishing ethics policies and processes. The Enron and WorldCom bankruptcies, as well as...

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