{"id":1785,"date":"2020-04-04T07:36:27","date_gmt":"2020-04-04T07:36:27","guid":{"rendered":"https:\/\/www.5stil.com\/en\/?page_id=1785"},"modified":"2020-04-05T10:28:01","modified_gmt":"2020-04-05T10:28:01","slug":"first-principle","status":"publish","type":"page","link":"https:\/\/www.5stil.com\/en\/first-principle\/","title":{"rendered":"FIRST PRINCIPLE"},"content":{"rendered":"

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FIRST PRINCIPLE<\/span><\/h3>\n

Incorporate compliance and integrity objectives into your business Strategy<\/span><\/span><\/h1>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/12″][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_column_text]Including compliance and integrity objectives in the business strategy ensures that leadership is dedicating appropriate resources to and is supervising the compliance programme. This improves the likelihood that leaders, employees and the company will adhere to ethical standards when conducting business, particularly in high-risk geographic or business areas.<\/span><\/p>\n

Profit and compliance should not be treated as conflicting with one another. The key way to avoid this is to integrate compliance and integrity objectives in a company\u2019s business strategy.<\/span>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner]\t\t<\/div><\/div>[\/vc_column][\/vc_row][vc_row equal_height=”yes” dt_bg_repeat=”no-repeat” dt_row_type=”in_container” bg_type=”image” parallax_style=”vcpb-vz-jquery” bg_image_repeat=”no-repeat” bg_image_size=”contain” dt_padding_top=”100″ dt_padding_bottom=”30″][vc_column width=”2\/3″][vc_column_text]<\/p>\n

AN ETHICAL PREMIUM MAY AMOUNT TO BETWEEN 10 AND 14%<\/span><\/h1>\n

Stock prices of companies, recognized as the World’s Most Ethical Company\u00ae exceeded in growth, compared to those of a group of companies with large market capitalisation, by 14.4% in five (5) years, and by 10.5% in three (3) years.[\/vc_column_text][\/vc_column][vc_column width=”1\/3″][vc_single_image image=”1063″ img_size=”full”][vc_column_text]<\/p>\n

Ethical companies are also more resistant in times of crisis and are quicker at leaving a crisis behind.<\/span><\/h5>\n
(Source: Ethisphere, World’s Most Ethical Companies)<\/span><\/h5>\n

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Recommended indicators for the first principle<\/span><\/h2>\n

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Indicators proving that the principle is implemented in business operations:<\/span><\/h3>\n

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