Tag: compliance

Photo Credit: NBBJ (via http://www.nbbj.com/work/samsung-r5-research-building-and-landscape/#) On February 28, 2017, Samsung unveiled the “Business Renovation Proposal” (The Proposal, hereinafter) on its official website. The Proposal contains several measures aimed at strengthening Samsung’s transparency and compliance mechanisms, as a result of the conglomerate’s involvement in the recent political scandal in South Korea. Samsung is suspected to have illegally given approximately… Read More

Photo Credit: US Army Europe (via Flickr) Corruption is like a cancer, draining the health of an economy if it is allowed to spread unchecked. In fact, it’s such an insidious problem that in 2016 the International Monetary Fund (IMF) estimated the direct cost of bribery alone to the global economy to be between $1.5… Read More

Photo Credit: Jack Kurzenknabe via Flickr As a longtime fan of the National Football League (NFL) team the Buffalo Bills, I know how hard it can be to change the culture of an organization. The Bills have not made the NFL playoffs since 1999 and as a result have developed a “culture of losing” that… Read More

Photo Credit: Transparency International The interplay of corruption and inequality feed off each other to form a destructive cycle between corruption, unequal distribution of power in a society and unequal distribution of wealth. This is the main conclusion from the recently published Transparency International’s (TI) 2016 Corruption Perceptions Index (CPI), which highlights the connection between… Read More

Photo Credit: Puro Periodism Last month I was in Panama, attending the 17th International Anti-Corruption Conference (IACC). Not surprisingly, the Panama papers were looming large over the event and became a major point of discussion. To me, however, an equally important thread concerned another key issue: governance of state-owned enterprises (SOEs) and its significance for… Read More

Photo Credit: Clamor Por Guatemala-Jouse Goge Today marks the 10th anniversary of the International Commission Against Impunity in Guatemala, known by its Spanish abbreviation as CICIG (Comisión Internacional contra la Impunidad en Guatemala). On December 12, 2006, the United Nations and the Government of Guatemala signed an agreement to establish CICIG to assist the Public… Read More

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