The Changing Role of the Chief Compliance Officer (The Principles for Responsible Management Education Series)

In today's complex regulatory landscape, compliance has transformed from a legal checkbox to a critical strategic function. This groundbreaking book reveals how boards and executives can leverage the evolving role of the Chief Compliance Officer to protect organizational value while driving sustainable growth.

Drawing on exclusive research from the United Nations Global Compact PRME Initiative's Working Group on Anti-Corruption, this essential guide explores:

• The hidden psychological factors that lead good professionals to make unethical decisions
• How to design evaluation and incentive systems that promote integrity rather than incentivize misconduct
• The strategic evolution of the CCO from legal technician to key executive influencer
• Practical frameworks for boards to effectively steer, coach, supervise, and audit compliance functions
• Cutting-edge approaches to managing both downside protection and upside opportunity through compliance excellence.

For board members, executives, and compliance professionals navigating increasingly complex regulatory environments, this book provides the actionable insights needed to transform compliance from a cost center into a strategic advantage that protects reputation, enhances culture, and creates sustainable value.

Chapter 4 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC BY-NC-ND) 4.0 license.

Wolfgang Amann is Professor of Strategy and Leadership at HEC Paris. Next to designing and delivering executive education seminars worldwide, he advises senior leaders and serves on several boards. He has published more than 60 books for executives and received several awards for his books and seminars along with honorary professorships and doctorates.

Christian Hauser is Professor of Business Economics and International Management at the Swiss Institute for Entrepreneurship (SIFE) at the University of Applied Sciences Graubünden. Dr Hauser chairs the United Nations Principles for Responsible Management Education (PRME) Working Group on Anti-Corruption and heads the first PRME Business Integrity Action Center in Europe.

Matthias Kleinhempel is Senior Professor at IAE Business School and its Center for Governance and Transparency, where he teaches in the MBA and the Executive Education programs. He combines his academic activity with consulting at Kleinhempel & Partners, a consulting firm he founded and where he is the managing partner.

Raul Saccani is Professor at and director of the Centre for Governance and Transparency at IAE Business School and a partner at Deloitte S-LATAM leading the Anti-Corruption and Financial Crimes function for Spanish-speaking Latin American countries. He also chairs the Integrity and Compliance Commission at the Professional Council of Economic Sciences in Buenos Aires, Argentina.

Agata Stachowicz-Stanusch is Professor of Management at the Canadian University Dubai. Agata is a leader of the working group on anti-corruption in the MENA Chapter and a member of the PRME Working Group on Anti-Corruption.

Shiv Tripathi is Dean of the Faculty of Economics and Business Administration at Berlin School of Business and Innovation. During the last 28 years of his career, Shiv has served in different roles in universities and institutions globally including Vice Chancellor at Atmiya University, India.