Governance – Page 51 – Compliancechannel

Boards can make the world a better place

In a global effort to ensure ‘the future we want’, the United Nations (UN) released the sustainable development goals (SDGs) in 2015, explicitly inviting the private sector to contribute as well. Since then, the private sector has embraced this invit...

Berlin Pub Quiz by Anti-Corruption Intl. and Compliance Channel

Starting next week, November 28, 2017, we are organizing a Traditional Pub Quiz with our partner Anti-Corruption International. It takes place every second Tuesday in Berlin Kreuzberg. Bring your friends and other guests, let's see whose general know...

Razzia bei VW – Vorstandsbüros durchsucht

Staatsanwaltschaft und Steuerfahndung haben am Dienstag Büros in der Chefetage und beim Betriebsrat von Volkswagen durchsucht. Die Ermittler hätten sich die Büros von Finanzvorstand Frank Witter und Personalvorstand Karlheinz Blessing vorgenommen, er...

COSO Framework: Breaking Down the Silos and Bringing Everyone Together

The COSO framework contains important principles for structuring a global organization and its internal controls, including compliance policies and procedures. Compliance officers have to learn and use the COSO framework when communicating and convin...

COSO Framework: Fraud, Corruption and Compliance

Global companies need to actively work to prevent fraud and corruption. Fraud and corruption go hand-in-hand. To commit bribery, bad actors have to gain access to money for unauthorized (illegal) purposes. A failure to prevent fraud and corruption ca...

Investors pass the buck on governance

Does corporate governance matter? Or, to be more precise, do investors really care about it? This is a question that I have been pondering for two reasons. First, huge amounts of passive investment has made questions about corporate decision making i...

3 mega trends transforming governance, risk and compliance

In the 15 years since the term governance, risk and compliance (GRC) was coined, a lot has changed. Once managed as separate initiatives, the three processes are more entwined than ever and are playing a prominent role in helping organisations to ach...

Compliance und Agiles Management

Die Frage, inwieweit gute Compliance tatsächlich in Unternehmen verankert ist, wurde z.B. im Compliance-on-Board-Index (CoBI) erstmalig bei DAX 30 Unternehmen untersucht [1] und zwischenzeitlich werden weitere Unternehmensgruppen und auf Einzelnachfr...

Good governance: The foundation for playing a beautiful game

While a lot of work remains to be done in terms of motivating change and in developing customised, adequate and effective governance solutions, there has been noteworthy progress lately, too. Firstly, more and more sport leaders, organisations and st...

Looking at culture through governance lenses

Culture in the professional context has become a commonplace conversation today. A report published last year by the UK’s Financial Reporting Council appears to confirm that ‘boards and executive management can steer corporate behaviour to create a c...

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