ERC in the News

  • August 7, 2012
    Compliance Week

    A recent study of ethics at U.S. Fortune 500 companies holds good news and bad news for compliance officers: Employees are more willing than ever to report wrongdoing, but levels of misconduct and whistleblower retaliation remain high.

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  • July 31, 2012
    Ethikos

    Observed misconduct is more common in Fortune 500® companies than at the average business in the U.S.—although not dramatically so.

    Fifty-two percent of workers in the Fortune 500® companies observed misconduct in the past 12 months, compared with 45 percent among all companies in the U.S, according to the Ethics Resource Center’s (ERC) National Business Ethics Survey of Fortune 500® Employees. 

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  • July 30, 2012
    Bloomberg BNA

    U.S. companies that earn the most revenue face unique challenges that can increase the level of ethical misconduct among their employees, according to a survey report released July 24 by the Ethics Resource Center in Arlington, Va.

  • July 27, 2012
    Reuters

    Most Fortune 500 companies have the components of a comprehensive compliance program, but many have too many employees who feel pressured to compromise standards, a recent nationwide survey revealed. Pressures intensify in periods of growth and high profits, the survey’s sponsor said.

  • July 25, 2012
    Examiner

    The Ethics Resource Center released just yesterday, their findings of a National Business Ethics Survey® (NBES) of employees at Fortune 500® companies (www.ethics.org). The report concluded that the highest revenue companies are showing a higher incidence of misconduct. According to the study, about 52 percent of workers in the higher revenue companies were reporting misconduct occurrences in the last 12 months over 45 percent at other U.S. companies.

  • July 25, 2012
    Wall Street Journal

    The largest U.S. companies have a higher rate of misconduct, according to a new survey of employees.

    A survey of more than 2,100 Fortune 500® employees, by the Ethics Resource Center, found that workers report more misconduct and face a higher rate of retaliation compared to that of all U.S. companies.

    Slightly more than half of the Fortune 500® employees surveyed said they observed misconduct at their companies, while only 45% said the same thing for the 2011 biennial survey that compiles data from all U.S. companies.

  • July 24, 2012
    CNBC

    As the 10-year anniversary of the Sarbanes-Oxley legislation approaches, former U.S. congressman Michael Oxley continues in his pursuit to shed light on corporate America’s wrongdoings and make them accountable for their unethical actions.

    Oxley, who is chairman of the non-partisan, nonprofit group The Ethics Resource Center (ERC), released a new employee survey which has found that workplace misconduct at Fortune 500 companies is higher than the U.S. average.

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  • June 22, 2012
    Forbes

    This week JP Morgan CEO Jamie Dimon apologized for the  losses that cost the company more than $2 billion and as much as $5 billion, citing a failed strategy that he said started as an advantageous hedge that would make the firm a lot of money in the event of a credit crisis.

    “This particular synthetic credit portfolio was intended to earn a lot of revenue if there was a crisis. I consider that a hedge,” Dimon told the Senate Banking Committee. “What it morphed into, I will not try to defend.”

  • June 11, 2012
    Government Accountability Project

     

    The Ethics Resource Center (ERC) – a research-oriented nonprofit aimed at promoting high ethical standards in business – released its 2011 National Business Ethics Survey (NBES) report recently.

    Turns out the past couple years have been a pretty mixed bag for whistleblowers. So... good news or bad news first?

  • June 9, 2012
    Covington & Maple Valley Reporter

    “Where do you fall on golf’s honesty meter?” In a March 2012 survey of 2,015 golfers, Golf Digest found that the majority says it does not break the rules; and of those who occasionally bend, more than 89 percent believe that others do the same.