Learn about effective enterprise risk management |
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Ethics and compliance risk management Ethics and compliance management is an ideal model and testing ground for a holistic, enterprise risk management (ERM) approach to risk management. It uses all the ERM components to achieve objectives in all the categories defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). This paper examines the five integrated process steps in building a lawful ethical culture - define, prevent, detect, respond and evaluate - providing practical suggestions and real-world examples. The conclusion discusses the bottom-line benefits of ethics and compliance management and how to market those benefits internally to create support for ethics and compliance initiatives. LRN 2007 ethics and compliance risk management practices report
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