Public interest in business ethics rose in the wake of the bankruptcies of Enron and WorldCom and has become even more pronounced since the financial crisis of 2008. RAND takes an active role in improving public understanding of corporate governance and ethics issues, with research evaluating the effects of regulations like Sarbanes-Oxley on U.S. businesses, liability risk in the auditing industry, and the relationship between individual investors and the financial services industry.
Research conducted by:
RAND Justice, Infrastructure, and Environment;
RAND Institute for Civil Justice;
Center for Corporate Ethics and Governance
Featured at RAND
The RAND Center for Corporate Ethics and Governance, or CCEG, is committed to improving public understanding of corporate ethics, law, and governance, and to identifying specific ways that businesses can operate ethically, legally, and profitably at the same time.
Basic questions have been raised about the evolving role of boards, at a time when scandal and perceptions of corporate opportunism have resulted in a loss of public trust in the business community, writes Michael Greenberg.
The kerfuffle over Dodd-Frank conceals broad agreement that corporate fraud and misconduct are bad and that internal compliance mechanisms are intended to protect companies as well the community at large from bad behavior, write Michael Greenberg and Donna Boehme.
Just a few years ago, insider trading was considered "dirty." It was the province of marginal players working on the fringe of the capital markets... But today insider trading has proliferated and gone global, writes Larry Zicklin.