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.
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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Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access