A wide range of benefits and objectives are often cited for compliance programs: preventing and detecting misconduct, promoting an ethical culture, meeting regulatory requirements, protecting directors and officers, and protecting corporate reputations. But, when push comes to shove, which is the primary objective? To better understand this question the Society of Corporate Compliance and Ethics and the Health Care Compliance Association conducted a survey among compliance professionals.
The results indicated that the primary objective of the compliance program, as seen by compliance and ethics officers, is not what they believe that their management or board thinks it is.
See full survey.