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CEOs began appearing in corporate America around the same time as the inception of the Federal Sentencing Guidelines for corporations. According to these guidelines, the companies who have instituted compliance and ethics programs within their institutions wouldn’t have received as severe a punishment as those without the programs in place[2].
Salary.com conducted a survey with the Ethics Officer Association (EOA) in August of 2005 that further brought to light the growing demand for CEOs. Over 109 of the largest companies in the world were part of this survey[4]. “Given the increasing importance being placed on corporate ethics and compliance, Salary...
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