New York (March 8, 2004) -- New governance standards have caused corporate boards worldwide to become more involved in companies’ ethics programs, according to a report from The Conference Board.
According to the Conference Board survey, 97 percent of boards have some form of ethics program, but depending on where the company is located, the board of directors’ role in the program differs. Outside of the U.S. and Western Europe, nearly all company ethics programs were established by the board of directors, while the figure for U.S. programs launched by board resolution is lower (66 percent).
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