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Saturday, June 9, 2012

Firms have to explain anti-corruption measures


WHILE the recent reports on the corruption case
involving the former Singapore Civil Defence Force chief
have named the companies whose employees were alleged to have given sexual favours
in exchange for getting business,
the attention has been on the wrongdoing by the individuals
('Former SCDF chief faces 10 charges'; Thursday).

The companies concerned need to explain...
including monitoring and enforcement.

.. also review
whether their promotion and reward systems are overly aggressive
in encouraging financial results at all costs.

Associate Professor Mak Yuen Teen
National University of Singapore Business School
http://www.straitstimes.com/STForum/Story/STIStory_808834.html

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