No Mercy with Violators of Corporate Compliance
September 2010. Global companies operate in different jurisdictions with legal frameworks rooted in regional customs and traditions. Doing business in a correct manner or legally acceptable ways quickly becomes complex the wider the cultures are apart. Corporate governance and compliance policies are means to ensure conformity with sometimes widely differing laws as well as providing for smooth flow of international transactions. While companies are eager to publish their guidelines, many of them remain rather secretive in public, when it comes to implementation, even sanctions. No wonder, that some regard such policies as waste of time and resources, or just a front. B2Bioworld asked Rüdiger Scheitza, Labour Director and Member of the Board Bayer CropScience.Reading time: 2 min
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