Corruption and Bribery – is risk management the answer?
December 9, 2013
The enforcement of the US Foreign Corrupt Practices Act against Siemens and BAE shows that a failure to address bribery can exact a very high cost on companies ($800 million and $400 million respectively), leaving aside damaged reputations among investors, employees, customers and business partners. Due to the recession in Western markets companies have been …
Our evening with Michael Woodford and Nuncy
March 13, 2013
This story really was extraordinary. Over 180 staff, students and business people listened intently to Michael as he recounted how, as newly appointed president of Olympus, he discovered and began to unpick an accounting fraud approaching $2 billion. Storytelling is clearly one of Michael’s talents, and the detailed tale and colourful descriptions and anecdotes provided …
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