More corporate boards are becoming actively involved in providing oversight into their organisation's ethics and compliance programmes.
A report by The Conference Board of 225 companies and the design and implementation of their compliance and risk assessment programme found board involvement in ethics and compliance programmes had jumped from 21 per cent in 1987 to 96 per cent in 2005.
Some 79 per cent of corporate board members polled in a similar survey in 1987 had no contact with their company's ethics programmes but by last year just four per cent of boards surveyed were not involved.
"With the growing participation of boards in ethics, it is most likely that more high-level executives are responsible for these programmes," said Ronald E Berenbeim, primary researcher and director for The Conference Board's working group on global business ethics and principles.
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