Wednesday, January 17, 2007

How corporate misdeeds lead to strengthened principles of ethics, justice and transparency in corporations

Abstract of the lecture given by Nishat Ruiter

To continue the discussion on the topics that were adressed
at the 10th European Baha'i Conference on law

The lecture explored how various companies have undergone massive changes in their legal and compliance departments due to increase compliance, the rise of corporate crimes, and changing culture in corporate management. As a result, the role of the in house counsel has substantially evolved from a legal advisor to a business partner and on-demand counsellor for strategies, business growth and direction. As legal departments navigate through murky waters of compliance, ethics and profitability, principles of ethics, justice and transparency gain higher ground in the way corporations conduct business.

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