ARLINGTON, VA, October 19, 2017 - The Ethics & Compliance Initiative (ECI), the nation’s oldest ethics research and membership organization, with the support of L’Oréal, today released its latest report: Ethical Leadership Around the World – and Why it Matters. ECI has fostered ethics and compliance (E&C) professionals with insight and research on the most pressing issues for the E&C industry since 1922, and this new report importantly underscores the critical role management plays in reducing stakeholder pressure to compromise their ethical standards.
The Ethical Leadership report relies on information gathered by ECI for their National Business Ethics Survey (NBES) and their Global Business Ethics Survey (GBES), ECI’s most rigorous study of American perceptions of ethics in the workplace, along with insights and information from leading global compliance practitioners. This report can be chiefly simplified into two key findings: 1) stronger ethical leadership equates to reduced ethics and compliance risk, and 2) stronger ethical leadership increased the likelihood organizations will keep valued employees.
In addition, the report demonstrates consistency across all geographies. “We surveyed 13 countries”, said Dr. Pat Harned, CEO of ECI, “and it was universally evident that an employee’s commitment to workplace integrity was strengthened by visible ethical leadership.” Harned went on to say, “this means that employee misconduct was reduced, as well as the stress employees feel to compromise which resulted in reduced misconduct.”
The report further details how leadership’s actions in time of crisis effects employee actions and behaviors. “Thanks to ECI’s report, we now have the needed data to reinforce and stress to managers the importance of their actions, as visible proof of their commitment to ethics” added Emmanuel Lulin, Senior Vice President and Chief Ethics Officer of L’Oréal.
To view the executive summary visit: http://ethics.org/research/ethical-leadership
About the Ethics & Compliance Initiative #ECIPressRelease
The Ethics & Compliance Initiative (ECI) empowers organizations to create and sustain high quality ethics and compliance programs. With a history dating back to 1922, ECI brings together ethics and compliance professionals and academics from all over the world to share techniques, research and, most of all, exciting new ideas. www.ethics.org