How much does bribery cost a company? Siemens has announced it has set aside 1 billion Euros ($US1.3 billion) to settle the case with authorities in the United States and Germany."The company...

People blame the market meltdown on greed. But that's simplistic.The downturn has been created by perverse systems in organizations. I explain all that in my column here.......

The Organization for Economic Cooperation and Development's (OECD) working group on bribery has published a special review of the UK's record in fighting foreign bribery and it's not...

In another sign that the global economy is deteriorating fast, the European car industry is in serious strife.First, we have Fiat admitting that it's burning cash and it warns that its profit...

As the search for culprits behind the meltdown continues, ratings agencies have found themselves in the gun. Executives from Moody's and Standard & Poor's have told Congress that the...

It's bad enough that AIG presented a completely false picture of its finances in its 2007 annual report, including a sign off from the world's biggest audit firm PricewaterhouseCoopers that...

What does the implosion of markets teach us about ethics? Britain's Business In The Community business development director Mallen Baker has some interesting insights in his piece Financial...

Stunning CNN revelations about the US Department of Interior's Minerals Management Service and its so-called "cult of corruption".A report shows that the energy industry was lavishing...

Last month, i did a blog entry . The issue there was the size of the bonuses given out in the lead up to the bankruptcy. Which raises the obvious question of whether they knew they were going down......

More evidence that the US Government is cracking down on tax evasion. In April, actor Wesley Snipes was sentenced to three years jail for tax evasion. As expected, he is appealing that sentence.Then...

Fascinating developments with reports that Norway's $436 billion sovereign wealth fund has sold its stake in Rio Tinto because of concerns about the company damaging the environment in...

Under Section 406 of the sarbanes-Oxley Act, all public companies are required to disclose whether they have adopted a code of ethics for principal executive, financial, and accounting officers. If...

Forget the ongoing probe by the U.S. Department of Justice into allegations that Saudi officials took bribes from BAE, as part of the $82.5 billion Al-Yamanah military aircraft deal.BAE is back at it...

There's been plenty of research on why organizations go bad and turn corrupt. but how do you rebuild them after the legal and ethical breaches?In this paper out of the Academy of Management...

Pax World Funds, which calls itself a socially and environmentally responsible mutual fund, has come to grief after it agreed to pay $500,000 to settle Securities and Exchange Commission charges that...

Only a few weeks ago, I did a blog entry on how the BAE-Saudi bribery scandal was getting worse.Just how much worse? Well, now we have the Financial Times reporting linking the armaments maker to a...

The office of the Special Inspector General for Iraq Reconstruction has put out a damning report on the $900 million construction project awarded to Parsons corporation for work done, or more to the...

Australian tax authorities have enlisted the aid of the US Internal Revenue Service to pull in Crocodile Dundee star, millionaire Australian actor Paul Hogan, for tax liabilities, according to news...

Disturbing revelations from investigative reporter and tax expert David Cay Johnston on GE's Brazilian tax schemes.All the details are revealed in his piece Blame It on Rio: GE's Brazilian...

New BAE boss Ian King has vowed to improve the company's ethical standards in the wake of the Woolf Report into the company's ethics following allegations of bribery and corruption, and the...