LRN - Risk management Survey - Ethics Resource Center

detailed resultsCompanies are moderately confident about their ethics and complianceeffectiveness in their headquarters regions, but less confident aboutperformance in international operations.Companies rate themselves as doing a moderately good job for the accuracy and timelinessof their risk management processes. This clearly reflects several years of build-up inthe deployment of risk assessments, prevention programs and investigation experience.It is understandable that companies gave themselves slightly lower average ratingsin their international operations. The gap in effectiveness clearly reflects the greaterchallenges companies face in implementing ethics and compliance across distances andamong culturally diverse workers. Numerous study findings reinforce that companiessee themselves as facing tougher challenges in their international programs, sohaving less confidence about their ability to manage risk in their foreign regions isunderstandable until those challenges are mastered.LRN | ETHICS AND COMPLIANCE RISK MANAGEMENT PRACTICES REPORT | 31