A Report on Codes of Conduct
Compliance software vendor LRN Corp. released its latest study of corporate codes of conduct last week. Given that the code of conduct is a sacred text for compliance programs everywhere, let’s look at the findings to see what’s common practice for codes these days and how much those practices do or don’t matter in today’s world. The report is available on LRN‘s website , and we should always beware that LRN does sell software and consulting services to compliance officers, so it has a commercial interest in talking about this stuff. That said, the study is still worth your time. LRN reviewed 194 codes from large corporations around the world, and surveyed 2,000 employees across 15 countries about how their codes are used or perceived in the workplace. So there’s plenty of food for thought here. Among the major findings… Companies are updating their codes at a fairly steady pace . LRN found that 73 percent of codes it studied had been updated within the l...