New mag on ethics & compliance issues.The Ethisphere Council (Phoenix, AZ), a group comprised of companies focusing on ethics and compliance programs, has begun the publication of a magazine of the same name. "Ethisphere" is a new quarterly publication distributed on a controlled basis to 65,000 CEOs, general counsels and senior executives. The Ethisphere Council was created by the Practicing Law Institute (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ), LexisNexis (Dayton, OH) and Corpedia (Phoenix, AZ) in partnership with such companies as Time Warner, Avaya, and Kraft. Both the Council and the magazine are dedicated to the research, creation and sharing of best practices in ethics, compliance and corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. , and the development and advancement of those goals within participating organizations. The magazine was created to illuminate the link between ethics and profits, as well as to help organizations understand and deal with the growing government scrutiny of business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , the increased civil and criminal penalties for compliance failure, and heightened consumer awareness and sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. . Its mission is to help corporate executives lead their enterprises toward gaining market share and creating sustainable competitive advantage through better business practices and corporate citizenship Corporate Citizenship The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while . The first issue includes articles on: codes of conduct; an analysis of the connection between ethical leadership and profit; summaries of relevant, ongoing cases, new regulations and enforcements; the attorney-client privilege In the law of evidence, a client's privilege to refuse to disclose, and to prevent any other person from disclosing, confidential communications between the client and his or her attorney. ; interviews with corporate compliance officers; ethical dilemmas; and, employee rights and responsibilities. |
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