NATIONAL INTEGRITY CONVENTION 2017 TOPIC 4: Corporate Transparency and Enhancing Corporate Image: Actions Speak Louder than Words Speaker Mohd Ismail Abdul Jalil Director, Economic Cluster Malaysian Institute of Integrity
TONE FROM THE TOP Is NOT what you say It’s what you do ! BOARD MEMBERS TOP MANAGEMENT
Integrity: Don’t just whisper, let’s do something about it
What Can Be Done? 1 Set up Integrity / Governance / Ethics Unit 2 Develop Code of Ethics 3 Carry Out Compliance Audit 4 Develop Gift Policy Develop Whistle Blowing Portal – 5 Internal & External
NO GIFT POLICY
Companies that focus solely on profit will eventually collapse Companies that do not compromise on their business principles will be able to stand the test of time The stakeholders, particularly the shareholders must demand that the companies they invested in must also pay attention to matters that concern ethics and governance and NOT just focus solely on profit all the time
Companies in emerging countries that want to work with multinationals are also coming to realize that subjects such as integrity, business ethics & governance and the way they are addressed become part of the selection process
Enhancing Corporate Integrity Culture What do we need to do …
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