It's possible to be profitable and principled
How? Compensation systems should be designed to reward people for ethical behaviour and sound decisions, not just for outcomes.
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CALLED out for infractions ranging from antitrust and privacy concerns in the tech world to compliance-officer liability in the pharmaceutical industry to unethical practices in the banking and accounting professions, more than a dozen companies made it into Compliance Week's list of the biggest compliance fails in 2019.
BIG TECH
In March, the European Commission hit Google with a 1.49 billion euro (S$2.38 billion) fine - the third in three years for the Internet giant - for breaching competition rules. Google was fined for blocking rival online search advertisers from getting a foothold in the market.
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