PUBLIC COMPANIES

With today’s spotlight on anticorruption, members of the board of directors need extended visibility into the organization to address increased exposure to fraud and misconduct.

To avoid being blind sided, our online information service empowers board members with information to be more effective in dealing with shareholder demands; risk management; volatile capital markets; new business strategies; and, rising demand for enhanced corporate governance, corporate accountability, and transparency.

Publicly traded companies can purchase an annual subscription to the enterprise edition of our online information service to gain an independent evaluation and third party verification of the effectiveness of their ethics and corporate governance programs. Publicly traded companies can take advantage of this unique opportunity to improve the Company’s ethics and corporate governance programs encompassing policies, processes and people to earn investor, and public, confidence.

Decision makers gain a distinct advantage in serving the needs of shareholders, by directing and controlling management activities with good business savvy, objectivity, accountability and integrity.

Our value proposition:

  1. Litigation / Indictment Avoidance
  2. Regulatory Freedom
  3. Public Acceptance
  4. Investor Confidence
  5. Competitive Analysis
  6. Supplier / Partner Due Diligence
  7. Customer Loyalty
  8. Employee Performance
  9. Personal Pride
  10. Good Citizen

Public companies can also purchase annual subscriptions to our online information service to gain extended visibility inside customers, suppliers and competitors to mitigate business risks as well as identify and qualify new business opportunities.

zEthics introduces an innovative solution that allows employees to anonymously disclose illegal, unethical, or questionable practices of individual managers, while providing the Company an opportunity to take corrective actions to remedy non-conformances.

Employees can initiate an Ethics Action Report to document misconduct at work, which include but is not limited to: managerial mischief, fraud, unethical behavior, illegal activity, questionable business practices of individual managers, lying, falsification of records, sexual harassment, and drug and alcohol abuse.

Applying the Failure Modes and Effects Analysis (FMEA) based preventive action system to ethics and corporate governance provides the Company an opportunity to analyze misconduct, processes, and other activities for the detection and elimination of the causes of non-conformances.

The corrective action system provides the Company a structured process to search for the causes of non-conforming behavior and identify corrective actions. Preventive actions and controls can be initiated, after which a management review confirms the efficacy of the implementation. These are implemented with the goal of preventing recurrence.

Ethics Action Report
Documentation for such a corrective and preventive action system consists of an Ethics Action Report. This form covers such activities as:

    ⇒ Problem definition
    ⇒ Responsibility assignment
    ⇒ Root cause identification, brainstorming
    ⇒ Corrective and Preventive Actions
    ⇒ Improvement goal setting
    ⇒ Verification

• The employee initiates an Ethics Action Report (EAR)
    º Describe What Happened (Problem Definition)
    º Identify who is responsible
    º Supporting Documentation (attachments)




• The Organization is responsible for taking action and documenting a response
    º Level of Risk
    º Reporting Category
    º Responsibility assignment (title, first and last name)
    º Root cause identification (brainstorming)
    º Corrective Action
    º Preventive Action
    º Improvement goal setting
    º Verification