What components should an ethics and compliance program consist of to help organizations remain ethical and compliant in times of crisis and beyond?

Abstract

Organizations currently face many challenges due to the COVID–19 pandemic. In similar times of crisis, it is of the utmost importance for organizations to remain ethical and compliant with the law as well as with the temporary measures imposed on them by States. Ethics and compliance programs help organizations behave ethically and in compliance with all rules in a structured and comprehensive way. The paper analyzes selected models of an ethics and/or compliance program with the aim to find out what components an ethics and compliance program should contain in order to be effective in ensuring ethical and compliant behavior of an organization at all times including unexpected crises.

Keywords

• analysis
• comparison
• crisis
• components
• ethics program
• ethics and compliance program
• model