Entries by

,

Do Honesty Pledges Work?

Honesty pledges often sound like a good idea, but whether they are in any given situation depends on various factors. Just ask Jim Comey. In a recent paper, Eyal Pe’er, at the Hebrew University of Jerusalem, and Yuval Feldman, at Bar-Ilan University, take up the topic of honesty pledges. In their study, Pe’er and Feldman explored how pledges […]

, ,

Do Compliance Officers Have an Inherent Conflict of Interest?

Should compliance be subordinated to legal, rather than separated from it? Yes, argues Sean J. Griffith, of the Fordham University School of Law, in a recent paper, titled “Agency, Authority, and Compliance.” This is an interesting and unusual perspective and one that I am not unsympathetic to. The abstract states: Compliance officers owe their professional existence […]

Understanding Behavioral Ethics Can Strengthen Your Compliance Program

Behavioral ethics is a well known field of social science which shows—due to various cognitive biases—“how we are not as ethical as we think.” Practitioners of behavioral compliance and ethics (C&E), which is less well known, use behavioral-ethics insights to develop and maintain effective compliance programs. How do they do that?   This should be viewed on two levels. […]

Being a Parent as a Source of Ethics Risk

In 1973, in speaking to colleagues on the Cook County Democratic Committee, Mayor Richard Daley of Chicago defended his having directed a million dollars of insurance business to an agency on behalf of his son John with the immortal words: “If I can’t help my sons, then [my critics] can kiss my ass. I make […]

Socialism and Conflicts of Interest

There was a time in my life when I might have embraced the cause of socialism, but that was many years ago, and today I proudly march under the banner of centrism. And the current flirtation with socialism in the U.S. has me worried—at least a little bit.   My concern is not that the […]

Featured Collaborator for April: Jeffrey Kaplan

Interview with Jeffrey Kaplan, partner in the Kaplan & Walker LLP law firm in Princeton, New Jersey

What are your main areas of research /writing? 

I am principally a practitioner – in the compliance and ethics (“C&E”) field – rather than a professional researcher, and I certainly have not conducted any experimental research. I have done survey research – for the Conference Board (on the role of corporate directors in promoting C&E and on shortfalls in US government enforcement policy vis a vis C&E) and for the Ethics & Compliance Initiative (the “ECI,” which used to be called the ECOA) on conflicts of interest and various C&E program practices. Also, for the past four years I have been assembling and analyzing cases and articles about conflicts of interest (“COIs”) for a blog which looks at various COI issues across varying industry contexts (e.g., what types of interests are cognizable for COI purposes or when should a waiver be permitted) I hope at some point to turn these posts into a book about all things COI-related.