Exploring the state of ethical standards and the risks of bucking against norms
In today's world, companies that commit bad ethical judgments can face swift social media and shareholder backlash. Being ethically compliant requires business leaders to set the tone by upholding company rules and making good moral decisions. Businesses are increasingly under the ethical limelight and there is a growing need for industries to balance cost-risk strategies while following ethical norms. Chris Mines is joined by Marc Tassé, CPA, CA (Canada), FCPA (USA), CICA (USA), CFF (USA). They highlight how ethical leaders can set the moral tone, why businesses need to be transparent about misconduct, and how stakeholders can shape short and long-term outlooks. Some of the topics covered in this course include: Evaluating how companies can collaborate for better decision-making Assessing McDonald’s ethics and transparency failure How companies can move forward after scandals The ethical effects for businesses amid Russia’s war with Ukraine ChatGPT’s ethical impact and more! Field of Study: Behavioral Ethics
MBA, FCPA, FCA, CFF
With more than 35 years of international experience, I am recognized as a trusted strategic advisor on a wide variety of complex governance, ethics, compliance, and reputational risk challenges. My consulting work has taken me around the world, helping corporations and organizations investigate suspicions or allegations of corruption, and working as a litigation consultant, in complex court cases involving improper financial reporting and economic crimes. I have also acted as an independent expert in different matters involving misappropriation of confidential information, fraudulent financial transactions, and international tracing and recovery of stolen funds. My success stems from my willingness to unravel the facts and circumstances of my clients’ issues and provide clarity to them so that they can make informed and confident decisions. Holder of various academic certificates of completion such as “ESG Risks and Opportunities” and “Indigenous Canada”, I have helped organizations overcome different uncertain situations and crises related to corporate moral responsibility. Involved with prestigious initiatives such as the World Economic Forum’s Expert Network, where I participate as an expert in corporate ethics, I am a strong advocate against pervasive racist, sexist, and heterosexist attitudes. I believe that reconciliation, inclusivity, equity, and diversity, as well as representativity of black, indigenous, and people of color, should be top of mind for savvy directors on forward-thinking boards. As an independent director, I am able to advise on appropriate risk mitigation strategies related to ESG issues and opportunities, such as climate change and carbon emissions, social activism, supply chain considerations, and cybersecurity. Furthermore, my professional and academic expertise allows me to sit on governance and ethics committees, audit committees, finance committees, and Boards of Trustees with fiduciary responsibilities. An award-winning lecturer at the University of Ottawa’s Faculty of Law and at the Executive MBA program, I have delivered presentations on corporate ethics and financial crimes, at some of the world’s premier universities such as Harvard University. Recognized internationally by the media, as well as by professional organizations, I am frequently asked to fuel and enrich several reflections on corporate compliance, ethical issues, and reputational risk. Over the last 10 years, I led conferences, webinars, and training sessions for many publicly-traded companies and also for various organizations and associations.
