Poor understanding of misconduct in companies

There is a gap in the understanding and knowledge of what constitutes misconduct in the workplace, creating huge risks for companies trying to manage risk properly. Research conducted by advisory company CEB found that in a study of 1.1 million employees across 160 global companies, more than one in ten employees answered ‘don't know’ when asked if they had observed misconduct at work in the past year. Across public and private-sector organisations alike, almost 40 per cent of managers expressed doubt about their ability to respond to misconduct that is reported. Only 10 per cent of potential misconduct information makes it to a company's compliance function.The survey follows the record penalty issued to BNP Paribas and the subsequent consequences surrounding their dealings with countries which were the subject of US sanctions.