Anticorruption Compliance: Companies Get the Message

, Corporate Counsel

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The "State of Anti-Corruption Compliance Survey 2014" from Dow Jones Risk & Compliance suggests regulation is doing its job.

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  • William T. Wilson

    While I understand that there isn‘t perfect correlation between compliance efforts and a reduction in actual conduct, for all of the press about compliance programs there seems to be little in the way of prevention going on. The litany of corporate malfeasance over the last ten years is virtually unprecedented, at a time when compliance was supposedly in high gear after Enron and Arthur Anderson in the early part of the last decade. If these programs are everything they are supposed to be, don‘t we seem to be getting very little in actual behavioral modification in return? Or is the inherent conflict between the compliance program and conflicting messages from the top to the rank and file focusing on results dooming these efforts to failure? We need to be asking ourselves some hard questions.

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