Corporate Compliance
- Legal compliance deals with the systematic observance of sovereign and internal legal provisions within the company with the help of compliance management systems. Critical risk areas must beLegal compliance deals with the systematic observance of sovereign and internal legal provisions within the company with the help of compliance management systems. Critical risk areas must be identified, preventive measures implemented and their effectiveness monitored. This guarantees the observance of legally protected positions and interests of people and the environment in an economically oriented corporate context. Social or ethical compliance is the term used to describe the voluntary assumption of social and environmental responsibility by companies on an ethical basis, beyond legal obligations, in order to achieve stakeholder value.…
| Author: | Peter Förschler |
|---|---|
| DOI: | https://doi.org/10.24053/9783739882017 |
| ISBN: | 978-3-7398-3201-2 |
| Parent Title (English): | Sustainable Business Management |
| Publisher: | UVK Verlag |
| Place of publication: | München |
| Editor: | Dietmar ErnstORCiD, Robert GabrielORCiD, Ulrich Sailer |
| Document Type: | Part of a Book |
| Language: | English |
| Year of Completion: | 2023 |
| Publishing Institution: | Hochschule Nürtingen-Geislingen |
| Release Date: | 2023/11/24 |
| Tag: | Compliance |
| Volume: | 2023 |
| Edition: | 2nd edition |
| Page Number: | 12 |
| First Page: | 145 |
| Last Page: | 156 |
| Institutes: | Fakultät Betriebswirtschaft und Internationale Finanzen |
| open access: | nein |
| Licence (German): |  Urheberrechtlich geschützt |