fraud

Compliance and audit executives looking to justify all the steps you take to fight fraud, break out your reading glasses! The Association of Certified Fraud Examiners just released a sweeping analysis of corporate fraud that suggests those measures really do pay off.  The ACFE’s 2020 Report to the Nations studied more than 2,500 cases of…

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hotline

News for all internal reporting and compliance hotline enthusiasts: companies are now taking more time to close cases that come through the internal hotline, and a surge in workplace harassment complaints after the birth of the #MeToo movement may be receding. So says the latest hotline benchmarking report from Navex Global, which  reported its findings…

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retaliation

One last dispatch from the HCCA conference this week: I dropped into a discussion led by a whistleblower, who discovered a $2 million embezzlement fraud while working as a university professor. Her story was gripping and vivid — and raised several powerful points about how people, compliance functions, and large enterprises should all work together.…

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hotline

NAVEX Global released its 2019 Ethics & Compliance Hotline Benchmark Report this week, and raised an important point for corporate compliance officers to ponder: are you using all the right intake channels to capture a true sense of misconduct and corporate culture at your organization? At least, that’s the question that jumps to my mind,…

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CCO compensation

We have one more point to explore about that new research finding that strong internal whistleblower activity correlates to better business outcomes — namely, why a speakup culture and better business outcomes are moving in step with each other, and why that two-step dance is only going become more crucial to corporate success in the…

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hotline

Last week we presented new academic research that found a strong correlation between more internal whistleblower reporting and better business outcomes: fewer material lawsuits against the company, smaller legal settlements, better corporate governance, and even higher profitability metrics. This is crucial material for compliance officers that raises lots of issues to explore. So today we’re…

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hotline

Important new academic research published this week empirically confirms something most corporate compliance officers have long suspected: a clear correlation between more internal whistleblower reporting and better business outcomes. The research, from George Washington University and the University of Utah, examined anonymized whistleblower hotline data compiled by NAVEX Global. Basically, the researches devised several benchmarks…

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report

Like millions of other Americans, I read that anonymous opinion column in the New York Times last week, apparently written by some senior official in the Trump Administration quietly aghast at the nuttiness of President Trump — and I thought, “Wow, that guy is a cowardly jackass.” That’s an easy reaction to have, after all.…

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The Ethics & Compliance Initiative published its 2018 Global Business Ethics Survey today, with both good and bad news for corporate compliance officers nudging their companies to higher standards of conduct. The good news (ECI divides the report into “good news” and “bad news” sections) is that fewer employees say they personally witnessed misconduct in…

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whistleblower

It’s time for another Radical Compliance podcast, this week discussing how compliance officers can improve the mechanisms they use for whistleblower reporting — a subject that could not be more timely, given that casino magnate Steve Wynn just lost his job over harassment allegations. Our guest is Scott LaVictor, CEO of Neighborhood Watch for Corporations.…

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