Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Ethics of Risk Management: Taking Compliance Seriously

Ethics of Risk Management: Taking Compliance Seriously

Ostas, Daniel T.

Hardcover

General Law

PREORDER - Expected ship date September 30, 2026

ISBN10: 1047754711
ISBN13: 9781047754712
Publisher: Cambridge University Press
Published: Sep 30 2026
Pages: 202
Language: English
The Federal Sentencing Guidelines for Organizations, enacted in 1991, specify a reduced fine for a corporation convicted of a regulatory offense if the corporation had an 'effective compliance and ethics program' at the time of the offense. Prior to their enactment, very few Fortune 500 companies had such programs; within a few years, they all did. This sudden growth points to a financial motive. After all, if compliance had been driven by ethics, these programs should have already been in place. Ethics of Risk Management highlights how corporate practice tends to focus on the firm's financial risks, leaving little to no role for ethical reflection. The book finds this financial approach to compliance lacking and brings ethical issues to the fore. Drawing on multiple case studies, it offers an alternative approach to compliance that tempers risk management with a nuanced jurisprudential view coupled with robust notions of the firm's political obligations.

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