Risk and Reputation

Rather than seeing ethical and legal hurdles as impediments to operations separate from doing business, more and more companies are integrating legal and reputational challenges into a broad conception of the risks facing their organizations. Ethical problems damage a company’s perception among consumers and ultimately, its performance in the market. Learn how our contributors address this challenge.

The Corporate Purpose Issue

“The Corporate Purpose Issue” of Ethisphere Magazine dives into the question of the purpose of a 21st century corporation. Beyond profits, what are they for? How can defining your company’s more clearly help you to inspire and retain employees?

Risk and Reputation

The Cost of a Bad Reputation

November 12th, 2015|

The Impacts of Corporate Reputation on Talent Acquisition Telephone surveys with 1,014 people in North America in the fall of 2014 revealed the following attitudes about the impact of a ...

The Role of Trust

September 15th, 2015|

The current loss of faith in government may present an opportunity to strengthen trust in the private sector of the economy “The value of trust at the individual, institutional, national, ...

Mitigating Risk in Healthcare

June 17th, 2015|

As an industry, healthcare is fraught with risks. Every therapeutic decision has a ripple effect on an individual’s life and livelihood, and there are risks associated with negative outcomes. Providers who make the clinical decisions are exposed to liability risk.

The Rising Risk Tide

June 17th, 2015|

Compliance professionals have long known that doing business with state-owned enterprises poses a potential risk under the Foreign Corrupt Practices Act (FCPA). Under the FCPA, the term “foreign official” includes officers or employees of a department, agency, or instrumentality of a foreign government.

Mapping Water Risk

June 17th, 2015|

Imagine you’re at a meeting and the topic of risk arises. You would naturally expect data security, labor, or safety to be among the first topics to come to mind. While those are top priorities at Starwood Hotels & Resorts Worldwide, I’m finding it harder and harder to ignore a risk that is far more basic. Water.

Brazil’s Internet Governance and Data Protection Legislation

June 17th, 2015|

In the past year or so, Brazil has taken significant steps towards enacting a comprehensive legal framework governing the use of the Internet and the protection of personal data. Many questions remain to be answered about the final form of the contemplated legislation and its regulations, and the impact it will have both within Brazil and on organizations or businesses operating in Brazil; however, it is clear that this set of new laws is an important development in Latin America and in the area of privacy law.

A Perspective on Corporate Risk and Culture

June 17th, 2015|

I encountered an organizational approach to risk using probability and statistics many years ago as the newly appointed Director of Inspection and Enforcement at the US Nuclear Regulatory Commission (NRC). I read a report by a panel of experts on nuclear power plant safety which concluded that US power plants were likely to be very safe due to conservative design and redundancy.

The Path to Risk Advantage

May 19th, 2015|

Risk management is high on the C-suite agenda, consistently ranked as a top priority by participants in PwC’s annual Global CEO Survey in recent years. In response to increasing regulatory scrutiny, business complexity, and a growing list of high-profile security breaches, many companies are striving to strengthen their risk management capabilities and create a supportive internal culture—one based on a foundation of ethics and the right risk mindset.

Cyber Risks and the Board

May 19th, 2015|

The past several years have seen a cascading set of circumstances that have placed cyber risks squarely in the crosshairs of a company’s board of directors. The cyber risks facing today’s industries include the perils of collecting and handling data and the vulnerability of dependence upon technology in nearly every aspect of their operations.