Return on Compliance: Success Factors of Compliance and Their Contribution to Corporate Value

Hunziker, Stefan; Gruber-Durrer, Mirjam; Hauser, Christian; Bretti Rainalter, Jeanine

"Compliance" is now considered a fundamental prerequisite for the "license to operate" and is therefore a critical management function for organizations, requiring significant resource commitment. Numerous corporate scandals related to compliance violations suggest that companies are not always able to manage enterprise-wide compliance risks appropriately. This is partly due to the lack of an established method for quantifying the success of compliance efforts. As a result, a legitimacy problem arises for the responsible executives, as the (high) compliance expenditures are difficult to justify. This book addresses this challenge and demonstrates how the success and value contribution of compliance can be optimized in medium-sized and large companies. To this end, a scientifically grounded compliance model has been developed, which can demonstrate the connection between successful compliance and corporate success, representing a "paradigm shift in the approach to compliance." Compliance must no longer be seen as a cost factor but as a verifiably value-creating leadership tool.

Details

Published by: Springer

Publication Date: 2025-03-15

Format: Paperback

ISBN-13: 9783658473815

DOI: 10.1007/978-3-658-47382-2

Dimensions: 210cm x148cm

Pages: 101