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How Companies Can Take a Stand Against Bribery

Harvard Business

In 2016, the International Monetary Fund estimated that corruption amounted to roughly 2% of global economic output — between $1.5 External standards can also be a powerful tool in support of those efforts, helping companies strengthen ethics and compliance practices by offering a clear framework for action.

Company 28
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Should a CEO’s Bonus Be Based on Financial Performance Alone?

Harvard Business

On November 9, 2016, the shareholders of Australia’s largest company, and the world’s tenth-largest bank , revolted. This proved to be a step too far for some shareholders, precipitating their revolt in November 2016. ” Now a full 50% of the assessment was subjective. Boards around the world find themselves in a bind.