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About This Document: The Corporate Executive Board recently released data showing companies with strong ethical cultures, open communication and managers who model corporate values, delivered shareholder returns that averaged 5 percent higher than peers; improved worker productivity of more than 12 percent. [...] companies were 67 percent less likely to observe instances of business misconduct than those at companies with low integrity cultures. Establishing and supporting a formal ethics program by committing the necessary resources to ensure a robust program; a written code of conduct, ongoing training, an ethics hotline with anonymous reporting fwhere permitted, periodic reviews of business policies, procedures and internal controls, dynamic internal communications and giving the ethics organization the necessary independence to fulfill their responsibilities.

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11/14/11

Categories: DocStore > Periodicals > Science & Technology
Tags: National Defense, Nov 2011, Ethical Leadership in a Global Market..., Raymond, Chris, Feature, Leadership, Business ethics, Behavior, Risk assessment

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Ethical Leadership in a Global Marketplace

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Ethical Leadership in a Global Marketplace

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