Part one of our 2021 Ethics & Compliance Program Effectiveness Report explores the steps organizations took to meet their challenges and the effectiveness of their ethics & compliance programs. Part two explores the impact of boards of directors on ethics and compliance programs, the programs’ effectiveness, and steps organizations took to meet their challenges. The report includes all the data you need to demonstrate the strategic value of E&C to executive leadership.
A few notable findings from the report:
- 85% reported that their boards of directors effectively supported ethics and compliance during COVID-19
- Organizations with engaged boards were 2.5x more likely to emphasize company —not just rules and procedures—to motivate employees to do the right thing in difficult circumstances
- 82% indicated that their organizations emphasized company values—not just rules and procedures—to motivate employees to do the right thing in difficult circumstances
- 79% of respondents reported their company’s ethical culture was strengthened amid the pandemic