The Changing Role of the Chief Compliance Officer (The Principles for Responsible Management Education Series)

In today's complex regulatory landscape, compliance has transformed from a legal checkbox to a critical strategic function. This groundbreaking book reveals how boards and executives can leverage the evolving role of the Chief Compliance Officer to protect organizational value while driving sustainable growth. Drawing on exclusive research from the United Nations Global Compact PRME Initiative's Working Group on Anti-Corruption, this essential guide explores: The hidden psychological factors that lead good professionals to make unethical decisions How to design evaluation and incentive systems that promote integrity rather than incentivize misconduct The strategic evolution of the CCO from legal technician to key executive influencer Practical frameworks for boards to effectively steer, coach, supervise, and audit compliance functions Cutting-edge approaches to managing both downside protection and upside opportunity through compliance excellence. For board members, executives, and compliance professionals navigating increasingly complex regulatory environments, this book provides the actionable insights needed to transform compliance from a cost center into a strategic advantage that protects reputation, enhances culture, and creates sustainable value. Chapter 4 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC BY-NC-ND) 4.0 license.