Compliance Management: A How-to Guide for Executives, Lawyers, and Other Compliance Professionals

by Nitish Singh Ph.D., Thomas J. Bussen

Overview

This practical guide shows how to build an effective compliance and ethics program that will lower a business's risks and improve productivity.

Research increasingly supports the notion that ethical, compliant businesses see increased productivity across a range of measurements. This practical guide tells business professionals, business and law students, and other interested parties exactly how that goal can be achieved. The book covers an extensive range of ethics-compliant laws and regulations impacting businesses today and identifies critical factors for successful compliance programs. Going well beyond works that speak in general terms about compliance-based actions, this unique volume delves into details about specific regulatory issues and the steps that can be taken to mitigate risk.

The first half of the book shares general guidelines for creating or improving internal compliance and ethics programs. The second half identifies specific, high-risk regulatory areas; provides an overview of relevant laws; and sets forth best practices specific to the regulations discussed. By providing a simplified understanding of compliance with laws related to issues such as antitrust, international business, wages and labor, Health Insurance Portability and Accountability Act (HIPAA) and health care, the environment and more, the guide offers readers the tools necessary to improve an existing compliance program or create a new program where none has existed before.

• Offers a step-by-step guide to creating and managing an effective compliance program

• Showcases the latest best practices in a world of ever-changing regulations

• Identifies the importance of developing and maintaining a corporate culture of "doing the right thing" and shows how ethical training can improve compliance

• Features interviews with and best practices from top compliance executives, judges, Department of Justice attorneys, and Archer Daniels Midland informant Mark Whitacre

• Provides easy-to-understand overviews and recommendations for complying with specific laws

Product Details

ISBN-13:	9781440833113
Publisher:	ABC-CLIO, Incorporated
Publication date:	03/10/2015
Edition description:	New Edition
Pages:	262
Sales rank:	89,315
Product dimensions:	6.40(w) x 9.30(h) x 0.90(d)

About the Author

Nitish Singh, PhD, MBA, MA, is associate professor of international business, director for program innovations and program leader for Certificate in Corporate Ethics and Compliance Management at St. Louis University.

Thomas J. Bussen, JD, MBA, Certified in Ethics and Compliance, is a licensed attorney and cofounder and vice president at IntegTree LLC, an ethics and compliance consulting company.

Table of Contents

Preface vii

Section I Importance and Foundations of Compliance Management 1

Chapter 1 Why Doing the Right Thing Matters 3

Chapter 2 Dealing with Ethical Challenges 16

Chapter 3 Corporate Governance, Corporate Responsibility, and the Environment 31

Chapter 4 Risk Assessment and Structuring the Program 46

Chapter 5 Elements of a Compliance Program 59

Section II Critical Success Factors for Compliance Management 73

Chapter 6 Oversight and a Culture of Compliance 75

Chapter 7 Education and Training 82

Chapter 8 Understanding Fraud and Other Wrongdoing 88

Chapter 9 Identification, Investigation, and Enforcement 98

Chapter 10 Compliance Program Evaluation 115

Section III Mitigating Risk: A Brief on Compliance with Various Laws 123

Chapter 11 International Compliance 125

Chapter 12 Money Laundering 150

Chapter 13 Health Care Concerns and Data Privacy 162

Chapter 14 Fair Labor Standards Act 179

Chapter 15 The Environmental Protection Act and Amnesty Provisions 191

Chapter 16 Antitrust Compliance 200

Notes 213

Index 247

Editorial Reviews

"Although the book is geared toward lawyers, executives, and compliance professionals, all employees, employers, managers, and business owners would benefit from familiarity with the basic compliance and business principles outlined in the book. This book would also be very useful in a classroom setting. It is a well written, easy read that provides an overview of compliance management." - Milwaukee Bar Association Messenger

From the Publisher