Book contents
- Measuring Compliance
- Measuring Compliance
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- 1 Measuring Compliance: The Challenges in Assessing and Understanding the Interaction between Law and Organizational Misconduct
- Part 1 The Compliance Industry, the State, and Measurement Needs
- Part 2 Quantitative Approaches to Measuring Corporate Compliance
- 5 Self-Report Surveys and Factorial Survey Experiments
- 6 The Use of Randomized Experiments for Assessing Corporate Compliance
- 7 Measuring Corporate Compliance: A Guide to Using Available Firm Data to Improve Employee Behavior
- 8 Measuring Compliance Risk and the Emergence of Analytics
- 9 Using Regulatory Inspection Data to Measure Environmental Compliance
- 10 Using Outcomes to Measure Aggregate-Level Compliance – Justifications, Challenges, and Practices
- Part 3 Qualitative Approaches to Measuring Corporate Compliance
- Part 4 Mixed Methods and Building on Existing Compliance Research
- Index
- References
7 - Measuring Corporate Compliance: A Guide to Using Available Firm Data to Improve Employee Behavior
from Part 2 - Quantitative Approaches to Measuring Corporate Compliance
Published online by Cambridge University Press: 17 February 2022
Book contents
- Measuring Compliance
- Measuring Compliance
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- 1 Measuring Compliance: The Challenges in Assessing and Understanding the Interaction between Law and Organizational Misconduct
- Part 1 The Compliance Industry, the State, and Measurement Needs
- Part 2 Quantitative Approaches to Measuring Corporate Compliance
- 5 Self-Report Surveys and Factorial Survey Experiments
- 6 The Use of Randomized Experiments for Assessing Corporate Compliance
- 7 Measuring Corporate Compliance: A Guide to Using Available Firm Data to Improve Employee Behavior
- 8 Measuring Compliance Risk and the Emergence of Analytics
- 9 Using Regulatory Inspection Data to Measure Environmental Compliance
- 10 Using Outcomes to Measure Aggregate-Level Compliance – Justifications, Challenges, and Practices
- Part 3 Qualitative Approaches to Measuring Corporate Compliance
- Part 4 Mixed Methods and Building on Existing Compliance Research
- Index
- References
Summary
Abstract: Is it possible for a business to measure if its compliance efforts produce results? That is, can a firm’s compliance team quantify whether their work reduces the risk of a compliance failure, before the failure itself takes place? This question plagues corporate compliance practitioners pressed to justify their efforts to stakeholders who want evidence that the money and time the company is investing in these efforts are actually reducing risk. And in contrast to those who argue that this question is simply not quantifiable – which leaves compliance practitioners without a compelling case for resources on a granular level – this chapter unpacks how this can be done using existing firm data. It does this by first offering clarity on what exactly it means to do this – what it means to measure compliance instead of measuring ethics, for example – and then a simplified, step-by-step guide to executing it that can be used by in-house practitioners, external advisors, and academics alike seeking to partner with businesses.
- Type
- Chapter
- Information
- Measuring ComplianceAssessing Corporate Crime and Misconduct Prevention, pp. 120 - 136Publisher: Cambridge University PressPrint publication year: 2022
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