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Corporate Corruption and Fraud (PowerPoint PPT)
PowerPoint (PPT) 24 Slides FlevyPro Document
DESCRIPTION
Markets today offer rewarding opportunities for organizations in new territories. But these opportunities are not devoid of the perils of encountering new risks concerning corporate corruption and fraud.
To contest the danger of denting their reputation and results, senior leaders must strive to make coping with corruption a fundamental organizational capability. This demands an uncompromising attention to compliance, a solid leadership commitment to ethical behavior, and a strong will to bear the consequences and costs of uploading these ethical practices. It requires policies, controls, commitment, and culture to endure the pressure of corrupt and fraudulent entities.
This presentation describes the 4 broad categories of corruption and fraud that executives are likely to come across in various geographies globally:
1. Bribery
2. Grease Payments
3. Extortion
4. Employee Fraud
The slide deck then highlights the 4 key principles to combating Corporate Corruption that provide tactical ideas and possible solutions on how to effectively manage this menace.
1. Have Basic Controls in Place
2. Invest in Core Functions
3. Have Strong Local Leadership
4. Tough It Out
The slide deck also includes some slide templates for you to use in your own business presentations.
This slide deck offers real-life examples of corporate corruption, providing practical scenarios to help executives understand the nuances of dealing with bribery, extortion, and other fraudulent activities. The examples illustrate the complexities and pressures faced by organizations, making it clear that a proactive approach is essential for maintaining ethical standards and protecting the company's reputation.
The PPT also emphasizes the importance of investing in core functions such as legal, finance, and internal audit to build a robust defense against corruption. By highlighting the need for strong local leadership and a commitment to ethical practices, this presentation equips senior leaders with the knowledge and tools to navigate and mitigate the risks associated with corporate corruption and fraud.
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Source: Best Practices in Risk Management, Code of Ethics, Business Ethics, Fraud, Corruption PowerPoint Slides: Corporate Corruption and Fraud PowerPoint (PPT) Presentation, LearnPPT Consulting
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