ANTI-CORRUPTION AND CORPORATE ETHICAL BEHAVIOR

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ANTI-CORRUPTION AND CORPORATE ETHICAL BEHAVIOR

May 17, 2017

Recent scandals involving corporate misconduct both globally and in Chile have increased mistrust in business among investors, consumers and the community in general. In mid-May, the Santiago Center organized a conference entitled “Corporate Governance and Corruption: Global Trends and Local Challenges” featuring Evan Epstein, Executive Director of the Rock Center for Corporate Governance at Stanford University; Hector Lehuedé, Senior Manager at the OECD’s Corporate Affairs Division; Andrea Repetto, member of the Presidential Commission against Conflicts of interest, Influence Trafficking and Corruption; and Karen Poniachik, the Center’s Director.

The event was held in association with in association with the Universidad Católica’s Center for Corporate Governance and the North American-Chilean Chamber of Commerce (AmCham). Panelists discussed global trends in the fight against corruption and economic fraud; international standards applicable to Chilean companies such as the Foreign Corrupt Practices Act (FCPA) and the OECD Anti-Bribery Convention; the shortages of local regulatory framework and practices; compliance programs and internal controls that companies must incorporate to prevent, detect and remediate frauds; and the role board members in promoting values and an ethical internal culture.

 
 

 

 

 

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See Presentations Here: 

Epstein's Presentation

Poniachik's Presentation

Repetto's  Presentation

Lehuedé's Presentation

 

See Picture Gallery Here