Volkov Law – Compliance professionals need to go back to basics and reexamine and reinvigorate their company’s culture.
Organizations with a positive ethical culture have lower rates of employee misconduct, increased employee productivity, and lower employee turnover. All of these factors lead to positive growth, higher employee morale, and a reduced risk of misconduct, government investigation, collateral litigation and reputational damage. A compliance and ethics program should be tailored to the company’s specific business and reflect the operational realities and applicable compliance risks.
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- Volkov Law: A Compliance Reminder: Focus on Your Culture
