IMD-3-1577 © 2005
Steger, Ulrich; Amann, Wolfgang; Brellochs, Jochen
Connect-U2; a mid-sized telecom business; deals with a circumstance where a whistleblower reported a case of bribery. There is; nevertheless; significant ambiguity on exactly what really occurred. Connect-U2 understands that its Code of Conduct reveals constraints both; in its phrasing; however likewise in its application in a worldwide dispersed market arena. The case illustrates problems intrinsic in using codes of conduct; an important methods to guarantee compliance.
Subjects: Corporate governance; Alliances
Settings: Europe; Financial services; Auditing; 380 million Euros turnover; 2004
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