Corporate Risks and Leadership : What Every Executive Should Know About Risks, Ethics, Compliance, and Human Resources

The context of business has been changing for companies in recent years, and following numerous corporate and accounting scandals, many countries have increased the number of national and international regulations designed to ensure transparency and compliance with the law. Because of the existence of these new regulations, the level of control, the severity of sanctions by governments, and the amount of fines for noncompliance have increased dramatically. In parallel, with the technological revolution in communications, business management has become more transparent, and any negative event is uploaded to social networks and shared with an indeterminate number of people.This change in the regulatory, sanctioning, and technological context has forced large companies to rethink risks, investments, and budgets to deal with this more complex environment. To transition to this change, some companies have included ethics and compliance programs in their corporate agenda, along with marketin