Corporate Ethics

New Approach

By: Staff Report

     Our headlines are filled daily with revelations of accounting fraud, white collar crime and billion dollar equity losses that have wiped out retirement dreams at home and impacted financial markets around the world. 

      A summer filled with corporate scandals has ended with the passing of the Corporate Reform Bill.  Today, CEOs are under intense scrutiny and pressure to certify financial results and guarantee the integrity of the organizations they lead.

      But while recent regulation will help curb corporate corruption, we cannot legislate our way to integrity.  The responsibility for doing what is right must start with the organization’s framework and end with individual accountability. 

      As we’ve seen from the much publicized perpetrator walks of formerly celebrated business leaders wearing handcuffs, it isn’t a faceless organization doing wrong; it is individuals within their organizations making mistakes in a misguided attempt to please their bosses and Wall Street.  CEOs alone cannot bear full responsibility for the actions of ...

...Continued in the pages of Twin Plant News, Subscribe Today!