Regulatory Measures Research Paper Example | Topics and Well Written Essays - 1000 words

Regulatory Measures - Research Paper Example Regulatory measures are guidelines set to control irregularities in organizations for the efficiency in their operations. The regulatory measures in the corporate world are meant to implement the ethical conduct in organizations. First is the Federal Sentencing Guidelines for organizations which involves an effective compliance program. The main objectives of the FSGO are to work aggressively to deter unethical acts, self-monitor, and police, and punish those members of organizations who engage in unethical behavior. There are four considerations made in sentencing of organizations. One is that the court orders the organization to remedy any harm caused by the offense. The second is that in the instance the organization operated primarily for the criminal purpose, fines can be high to divest all the firm assets. The third consideration is that fines levied against the organization are based on the seriousness of the offense and organization culpability. The fourth involves probation for an organization defendant to ensure there is reduced future criminal conduct.The FSGO has tried more than 280 cases. It is evident that the most frequent offenses include antitrust offenses, tax violation, fraud and environmental. Since the implementation of FSGO, 91 percent of organizations have pleaded guilty of various offenses. Statistics shows that 65 percent were placed on probation. The probation may be costly to the firms as consultants may be required by the court to improve monitoring activities.