Ethical and Compliance-Competence Evaluation: A Key Element of Sound Corporate Governance

11 Pages Posted: 16 Mar 2007

See all articles by Simon Wolfe

Simon Wolfe

University of Southampton - School of Management; University of Southampton - Southampton Business School

Jonathan Mansell Edwards

Bournemouth University - Institute of Business and Law

Abstract

Motivated by the ongoing post-Enron refocusing on corporate governance and the shift by the Financial Services Authority (FSA) in the UK to promoting compliance-competence within the financial services sector, this paper demonstrates how template analysis can be used as a tool for evaluating compliance-competence. Focusing on the ethical dimension of compliance-competence, we illustrate how this can be subjectively appraised. We propose that this evaluation technique could be utilised as a starting point in informing senior management of corporate governance issues and be used to monitor and demonstrate key compliance and ethical aspects of an institution to external stakeholders and regulators.

Suggested Citation

Wolfe, Simon and Edwards, Jonathan Mansell, Ethical and Compliance-Competence Evaluation: A Key Element of Sound Corporate Governance. Corporate Governance: An International Review, Vol. 15, No. 2, pp. 359-369, March 2007. Available at SSRN: https://ssrn.com/abstract=972529 or http://dx.doi.org/10.1111/j.1467-8683.2007.00566.x

Simon Wolfe

University of Southampton - School of Management ( email )

Highfield
Southampton S017 1BJ, Hampshire SO17 1BJ
United Kingdom

University of Southampton - Southampton Business School ( email )

Southampton, SO17 1BJ
United Kingdom

Jonathan Mansell Edwards (Contact Author)

Bournemouth University - Institute of Business and Law ( email )

Talbot Campus
Fern Barrow
Poole BH12 5BB, Dorset
United Kingdom

Register to save articles to
your library

Register

Paper statistics

Downloads
29
Abstract Views
798
PlumX Metrics