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When It Comes To Ethics, Directors Seldom Get Training

Compliance Week | June 23, 2003
Ethics Study Graph

Ethics policies are only "Step One." Step Two requires training. But an educated, ethical workforce still won't prevent senior executives from committing fraud if they're intent on doing so, nor will it motivate a Board unable (or unwilling) to identify potential problems.

It's surprising, then, that—while most companies have conducted ethics and compliance training for employees—only 27 percent have held any training sessions for their directors.

In fact, a new survey by The Conference Board shows that the number of companies conducting ethics training for directors actually decreased from last year.

Dov Seidman, CEO of...

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