| An extended opportunity to reach millions of Job seekers, Employers and Recruiters who search on Google every day and get connected | Employees may sign an acknowledgment of corporate policies without actually having read or understood the terms |
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| Self-policing appealed to business leaders as a way to avoid the cost and disruption of additional regulation | They must focus on creating models that measure the desired output while controlling or excluding other factors |
Regression models allow an investigator to examine the impact of one variable while holding the others constant.
| Have the disciplinary actions and incentives been fairly and consistently applied across the organization? By controlling for the other factors that may contribute to policy violations, we can test whether the individuals who undergo training become more or less inclined to break the rules | Linking Compliance Initiatives to Objectives So how do you create models that can credibly evaluate the impact of a compliance program? Successful compliance engineering requires some creativity, some testing, and careful model design to appropriately measure outcomes |
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| What has been the turnover rate for compliance and relevant control function personnel? Department of Health and Human Services, and the Environmental Protection Agency, also adopted this carrot-and-stick approach to compliance | Soltes, in his research at Harvard Business School, has studied the obstacles general counsels and compliance officers face in ascertaining how well their programs work and explaining the benefits to others in their organizations |
What methodology has the company used to identify, analyze, and address the particular risks it faced? Widespread bribery at Petrobras that damaged both the government and the economy of Brazil.
28| Following a stream of corporate scandals in the United States in the 1970s and 1980s, industry groups banded together and adopted internal policies and procedures for reporting and trying to prevent misconduct | Its objective is to improve the timely detection of wrongdoing |
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| The first step is recognizing that such programs actually have multiple purposes | For many firms, appropriate measurement can spur the creation of leaner and ultimately more-effective compliance programs |
For many company leaders, compliance programs are protection against worst-case scenarios, akin to an expensive insurance policy.
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