All corporate compliance plans share a common attribute: to make sure that the business obeys the law and that all organizational members behave ethically. Nevertheless, multinational companies operating in a country like Mexico, for example, face issues very different from those of Germany -- a reality that many codes of conduct do not comprehend.
Navigating the Realities of Emerging Markets Compliance in Context Case Solution
The writer's research on compliance programs in the emerging economies of Latin America reveals the specific challenges that compliance officials in these markets face. How the differences are dealt with is typically a function of the organizational culture, particularly the ethical tone set at the top. This article describes how the rollout of conformity programs along with management precedence must be adapted to on-the-ground realities in specific business circumstances around the globe.
PUBLICATION DATE: December 18, 2015 PRODUCT #: IIR151-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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