Tag Archives: Liz Carrasco

A Reflection on the OECD’s Report (Part II): Governments’ Assessments of Corporate Anti-Corruption Compliance

by Veronica Root Martinez and Liz Carrasco

Photos of the authors

Left to right: Veronica Root Martinez and Liz Carrasco (photos courtesy of authors)

Governments have a responsibility to evaluate corporate compliance programs and an opportunity to design strong regulatory frameworks. To identify reforms and encourage implementation, they must first understand the state of compliance. The Organisation for Economic Cooperation and Development (OECD) report Governments’ Assessments of Corporate Anti-Corruption Compliance[1] provides a detailed look at how governments are approaching the assessment of corporate anti-corruption compliance programs. The report explains that clear, consistent standards for assessing these programs would improve both efficiency and credibility—but few governments have adopted such standards. This blog post explores governments’ roles in 1) guiding companies on compliance criteria, 2) enhancing oversight, and 3) the value of information sharing.

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A Reflection on the OECD’s Report (Part I): Companies’ Assessments of Anti-Corruption Compliance

by Veronica Root Martinez and Liz Carrasco

Photos of the authors

Left to right: Veronica Root Martinez and Liz Carrasco (photos courtesy of authors)

As anti-corruption compliance programs have become standard within corporations, an increasing number of companies are shifting their focus to the effectiveness of these programs. The Organisation for Economic Cooperation and Development (OECD) report Companies’ Assessments of Anti-Corruption Compliance[1] provides a detailed look at this shift within the private sector. Drawing on survey data and examples from a range of companies, the report highlights a growing recognition that compliance cannot be isolated from a company’s culture, leadership, or structure. In short, the question is not merely whether a compliance program exists, but whether it is effective.

The report includes anonymized company case studies to illustrate various approaches and insights. This blog post explores three key aspects of the report: (1) why companies assess the effectiveness of their anti-corruption compliance programs; (2) what methodologies they use to do so; (3) the tools companies leverage to monitor progress over time. 

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