How does the federal government incentivize corporations to have an ethics and compliance officer or chief compliance officer?

Question

Quizplus · Accepted Answer

The Federal Sentencing Guidelines for Organizations provide incentives for corporations to have an ethics and compliance officer or chief compliance officer. These guidelines reduce potential penalties for companies that have implemented effective internal controls and compliance programs, which typically include the appointment of personnel dedicated to overseeing compliance with legal and ethical standards.

How Does the Federal Government Incentivize Corporations to Have an Ethics