Vous trouverez, ci-dessous, en primeur, un rapport exceptionnel rédigé par Julia Casson pour le compte de IBE (Institute of Business Ethics) et de EcoDa (European Confederation of Director’s Associations) qui porte sur l’éthique et la gouvernance européenne et qui sera présenté à Londres le 2 juillet. À cette occasion l’auteure présentera les grandes lignes du rapport ci-joint et discutera des questions suivantes :
Why ethics has been left out of the debate around CG in the last ten years ?
Is Corporate Governance guidance working/adequate ?
What should be done about it ?
What are boards doing in practice ?
What is the role of Directors in promoting an ethical dynamics in the companies ?
Je vous invite à prendre connaissance de ce document afin de mieux appréhender les préoccupations des conseils d’administration en matière de gouvernance.
Un document vraiment précieux pour étudier toutes les facettes de l’éthique !
IBE is holding a launch of it’s latest publication A Review of the Ethical Aspects of Corporate Governance Regulation and Guidance in the EU by Julia Casson, Director of Board Insight Limited. This IBE Occasional Paper is published in association with the European Confederation of Directors’ Associations (ecoDa).
Institute of Business Ethics (Photo credit: Wikipedia)
The purpose of governance includes encouraging robust decision making and proper risk management, and to account to those that provide capital as well as other stakeholders. To support business sustainability, explicit attention to the ethical dimensions of these goals might be considered as requisite in any corporate governance guidance and regulation.
This new report suggests, however, a general lack of ethical language in corporate governance provisions at the pan-EU level in spite of an approach which is soft law and principles based and the fact that boards are expected (though not required) to set the values which will guide their company’s operations.
The event will begin with the author reflecting on the report’s findings. This will be followed by a panel discussion around:
Would it be correct to say that ethical drivers have been largely missing from the debate around corporate governance in the last ten years? • Is corporate governance guidance working? • What are boards doing in practice to promote an ethical dynamic in companies?
Panel members include: Julia Casson; Pedro Montoya, Group Chief Compliance Officer, EADS, sponsors of the report; and Paul Moxey, Head of Corporate Governance, ACCA.
Vous trouverez, ci-dessous les grandes lignes d’un excellent article commandité par Deloitte et publié aujourd’hui dans le Wall Street Journal. L’article traite de plusieurs thèmes relatifs à l’intégrité au niveau du conseil, notamment l’intégrité comme valeur fondamentale, les effets de la dénonciation, un modèle de surveillance de l’intégrité, les principes d’une gouvernance efficace de C.A.
C’est une lecture recommandée pour tout administrateur de sociétés.
Integrity is critical to an organization’s culture and a requirement for effective dynamics in the boardroom. In view of recent headlines, a valid question is: What is integrity? Merriam-Webster defines integrity as “firm adherence to a code of especially moral or artistic values.” This, in turn, raises the question: Whose values? An individual’s? The organization’s? Society’s? All of these?
An effective board is concerned about integrity inside and outside the boardroom. It leads by example. The board plays a role in working with the CEO to help set the ethical tenor for the organization. It also promotes and monitors compliance with laws, regulations and organizational policies. Integrity in the boardroom is based on factors such as organizational values, the need to uphold the board’s fiduciary responsibilities and a willingness to be accountable.
English: Integrated boardroom designed and installed by EDG in 2003. (Photo credit: Wikipedia)
A commitment to performance with integrity is widely recognized as a “must have” in organizations, yet many people and organizations struggle to put this ideal into practice. Board governance structures and practices should promote a corporate culture of integrity and ethics, coupled with corporate, environmental and social responsibility. The board should help to build trust and long-term relationships with shareholders, customers, regulators and employees.
The board’s role in maintaining integrity includes working with the CEO to establish the right tone at the top, understanding compliance requirements and establishing expectations for senior management, which then cascade to the entire organization. In addition, the board holds senior management accountable for meeting such expectations.
J’ai retenu les cinq principes de base suivants pour une gouvernance efficace du Conseil :
Integrity is critical to an organization’s sustained reputation and results. Effective boards help set the ethical tone for the entire organization and actively participate in programs designed to promote appropriate behavior with regard to compliance, integrity and ethics. A proactive role in continually setting standards and monitoring integrity is an effective way to guide an organization to improved principles, values and growth. Following are five principles for improving integrity in the boardroom:
1. Be active. The board should be informed about the organization and vigorous in management oversight.
2. Provide organizational leadership. The board, working with management, should set the organization’s strategic direction, review financial objectives and establish a strong ethical tone.
3. Comply with laws, regulations and ethics policies. The board should confirm that procedures and practices are in place to prevent and detect illegal or unethical conduct and to permit appropriate and timely action should such conduct occur.
4. Be informed, be transparent and listen. The board should take steps to confirm that management discloses fair, complete, accurate and timely information and that the organization maintains a two-way communication channel with the board.
5. Engage in continuous monitoring. The board should establish and review metrics related to ethical reporting and violations and remain aware of new developments in corporate governance that can help improve practices and procedures.
Voici un article publié dans Slate et partagé par Louise Champoux-Paillé qui devrait constituer une lecture obligatoire pour tous les étudiants en administration mais aussi pour les administrateurs de sociétés. Le sujet de l’apprentissage des valeurs éthique à l’université a fait couler beaucoup d’encre. On sait comment il est difficile d’amener des changements de perspectives, d’attitudes, de comportements chez les adultes. Comment sensibiliser les étudiants en administration aux valeurs éthiques ? Cet article nous donne quelques pistes pour y arriver. À mon avis l’approche pédagogique s’appuyant sur l’utilisation de jeux de rôles me semble la plus prometteuse pour obtenir des changements durables. Qu’en pensez-vous ?
« The only way we’ll get our students to integrate their moral compasses with the practical tools of business we teach them is to incorporate the topic of ethics throughout the curriculum. This will require the accounting and finance and marketing professors to grasp the ethical blind spots inherent in their respective areas, and to appreciate and recognize approaches to lessening them. Professors, in other words, need to be moral architects themselves.
English: Students in a Harvard Business School classroom (Photo credit: Wikipedia)
When you stop and ask students whether they’d like their dying words to be “I maximized profits,” a wave of laughter ripples through the class, as all but the most callous have higher aspirations for themselves. When we ask MBA students why they might want to be a CEO, the first two responses are “I want to make a difference” and “I enjoy a challenge”; “Making gobs of money” always comes in third. We need to work harder to equip students to live up to those aspirations. And if we’re not going to make a better-faith effort in this endeavor, perhaps we should remove discussion of ethics from business schools altogether. Otherwise, it serves merely as empty PR for MBA programs and to appease the consciences of those who teach in them ».
Gouvernance | Jacques Grisé 