Legal and Ethical Violations Risks Seen Rising, But Not Resources to Control the Risk

Get Results of Survey conducted by the Society of Corporate Compliance and Ethics and Health Care Compliance Association

A December 2008 survey conducted by the Health Care Compliance Association (HCCA) and Society of Corporate Compliance and Ethics (SCCE) reveals that the declining economy may be increasing the risk of legal and ethics violations in business. In addition, this increased risk is occurring at a time when budgets to manage those risks are expected to at best hold steady, if not decline.

The survey, based on an online questionnaire completed by more than 600 compliance and business ethics professionals, showed that 85% feel that the current economy greatly or somewhat increases the risk of compliance and ethics failures. So pervasive is the perception that only 1% took the contrarian view and felt that the legal and ethics risks might decline in this period, and not one respondent felt that the risk of compliance and ethics failures had greatly decreased.

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