Friday, July 22, 2011

Corporate Integrity and Transparency

"It's Not the Crime; It's the Cover-Up."

So goes the adage decrying the tendency by wrongdoers to deny, deceive and deflect the truth when things go awry.

The re-emergence of integrity as a watchword in the realm of corporate affairs is long overdue.  As consumers, government and media uncover the deeds of a few corporate miscreants, the case gets stronger for greater transparency in the business and financial practices of (especially big) corporations.

While all of us should bristle at the notion of intrusive government, there is something to be said for better oversight and control when it comes to business.  In lieu of that, companies should just take it upon themselves to be more transparent.

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