Once again, the good faith of many people was challenged due to the latest news item: the bankruptcy of Gowex. The company had led the Mercado Alternativo Bursátil (MAB) as a benchmark on this alternative stock market after multiplying its value 18-fold since it was first launched in March 2010. And though it boasted a […]
Compliance as a Tool of Ethics
The first time I heard the term “corporate compliance,” I must confess it didn’t sit well with me. The term seemed to transform social responsibility – or worse yet, ethics – into mere compliance with policy, norms and rules as dictated by law and regulation or corporate self-regulation. (An example of the latter would be […]