Published 01-16-08
Submitted by OCEG - Open Compliance & Ethics Group
CLEVELAND, OH - January 16, 2008 - Axentis, providers of the industry's most comprehensive and widely deployed governance, risk and compliance (GRC) management solution, and the Open Compliance and Ethics Group (OCEG) today announced survey results on how companies develop and manage their codes of conduct (CoC). A code of conduct typically includes issues such as integrity in relationships with contractors, appropriate use of company property and diligent fulfillment of legal and regulatory requirements.
"The survey results bring to light several areas where organizations are letting their fundamental ethical principles go unaddressed," said Brett Curran, vice president of GRC and privacy practices for Axentis. "Our organizations advocate applying consistent, closed-loop, and effective GRC practices to code of conduct so that companies can truly set the context for ethical decision-making."
The survey findings include:
"During the past few years, we've seen a tremendous effort put behind establishing codes of conduct. People rightfully take great pride in such initiatives," said Scott Mitchell, chairman and CEO of OCEG. "As the survey results show, we're now ready for the next step-rolling out effective management techniques to ensure those codes are enforced across the board. We hope to raise awareness that there are solutions out there to help organizations do just that."
Axentis and OCEG surveyed the 169 registrants to the OCEG Code of Conduct Illustrated Series, sponsored by Axentis, for this analysis. The full survey results can be found via Axentis here or OCEG here.
To participate in or receive the results of similar surveys conducted by OCEG, register for free here.
About Axentis
Axentis is the world's leading provider of on-demand solutions for enterprise governance, risk and compliance. For more information, please visit www.axentis.com.
About OCEG
OCEG is the only nonprofit organization offering comprehensive guidance, standards, benchmarks and tools for integrating governance, risk management, internal control and compliance (GRC) processes. Its unique platform and organizational structure helps organizations take advantage of contributions from thousands of experts and companies. OCEG's guidance, benchmarking, custom tools and communities of practice help organizations achieve Principled Performanceâ„¢. To learn more about OCEG, visit www.oceg.org.
OCEG is the only nonprofit offering comprehensive guidance, standards, benchmarks and tools for integrating governance, risk and compliance (GRC) processes. Our unique platform and organizational structure helps you take advantage of contributions from thousands of experts and companies - many of them just like yours. Our guidance, benchmarking, custom tools and communities of practice help you perform - not just comply. OCEG offers value you can exploit today, tomorrow and as your company grows.
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