Friday, April 08, 2005

Good Ethics Equals Good Business

Adhering to compliance and ethics standards may seem costly at times, but not doing so is much more costly.

Mitsubishi Motors allegedly hid defects systematically for many years to avoid costly recalls. Six Mitsubishi executives have been arrested. Largely as a result of the scandal, the company's sales fell 11.7 percent in fourth quarter 2004, the company reported in mid-February.

See full Article.