Archive for 2017

The lawyer as whistleblower

When can a lawyer blow the whistle on her own client? My latest column in Compliance & Ethics Professional (p2 of PDF) takes a look at this ethically fraught issue. I hope you find it of interest.

Get the new behavioral ethics and compliance e-book

Ethical Systems has just published Head to Head: A conversation on behavioral science and ethics – by that organization’s CEO, Azish Filabi, and me. Click here to download it for free.

What Can We Learn from the Latest “Open Payments” Data?

By Kevin Kovalsky and Bill Sacks, HealthStream* The Center for Medicare and Medicaid Services published a new trove of payment data on June 30, 2017. Since 2013, the “Open Payments” database, created under the Affordable Care Act, has been used to collect and publish information about payments from medical device […]

Why avoiding conflicts of interest matters in the investment business

By Knut A. Rostad* Introduction. This commentary would never be written in most professional settings today. The reason: avoiding conflicts obviously matters. It’s self-evident. Yet, in many quarters in brokerage and investment advice, it’s not self-evident at all. Instead, in these quarters conflicts are deemed quite acceptable or even beneficial. […]

The harm from conflicts you often can’t see

A few days ago Newsweek ran a piece on the Trump family’s “endless conflicts of interest,” describing in detail several dozen actual, apparent and potential conflicts, and related ethical infirmities. Another such list is maintained and periodically updated by The Atlantic. The sheer volume of these cases is so overwhelming […]

Join the Citizens’ Climate Lobby

An Op-Ed piece in the NY Times last month  began: One day, ideally in the not-too-distant future, when Congress finally passes major legislation to curb carbon emissions — to reduce the environmental and economic harm caused by climate change — Americans will owe a big thank you to the perseverance […]

Behavioral Ethics and Compliance Index – 2017 Edition

It is that time of year – time to update the Behavioral Ethics and Compliance Index.  As with past editions, I have linked each  post to only one index topic, but most of them are relevant to several topics. Also, in the coming month, Ethical Systems will be publishing an […]

Risk assessment for the little guy

For larger companies or those in highly regulated areas of business, there is often a lot to do in assessing compliance and ethics risk. But for many other organizations, risk assessment can be done with relatively little cost or disruption, as described in this article from the most recent issue of […]

A core value for our behavioral age

Groucho Marx famously said: “Those are my principles, and if you don’t like them… well, I have others.” When it comes to companies committing to follow key principles to guide their behavior – what are often called “core values” – there is clearly no shortage of options. Indeed, this posting on […]

Moral hazard: the final compliance frontier?

Moral hazard exists when there is a gap between the interests of those who can create risks and those who bear the consequences of risk taking. Moral hazard is not the same as conflict of interest, but is conflict like. As described in various prior posts,  C&E programs need to […]