Monday, February 07, 2005

Business Ethics and Compliance in the Sarbanes-Oxley Era

A Survey by Deloitte and Corporate Board Member Magazine

Corporate ethics is taking on increased prominence at U.S. companies, according to a recent survey by Deloitte and Corporate Board Member magazine. Eighty-three percent of companies surveyed have developed formal codes of ethics or conduct. And more than 98 percent of survey participants agree that an ethics and compliance program is an essential component of corporate governance.

These findings should come as no surprise, given the heightened attention paid to corporate ethics over the last couple of years, as well as the business imperative to strengthen ethics programs in response to Sarbanes-Oxley.

See Survey in pdf format