Compliance risk management with a focus on shared values: Application in a case study in Cuba
Organizations that aspire to obtain long-term results must correctly manage compliance with laws, regulations, codes, international standards and best practices related to ethics and society's expectations. The present research aims to propose a methodology for compliance risk management with a...
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| Format: | Online |
| Language: | Spanish English |
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Universidad Nacional de Misiones - Facultad de Ciencias Económicas
2023
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| Subjects: | |
| Online Access: | https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758 |
| _version_ | 1824325959583531008 |
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| author | Plasencia Soler, Juan Antonio Bajo Sanjuán, Anna Marrero Delgado, Fernando Nicado García, Miriam |
| author_facet | Plasencia Soler, Juan Antonio Bajo Sanjuán, Anna Marrero Delgado, Fernando Nicado García, Miriam |
| author_sort | Plasencia Soler, Juan Antonio |
| collection | Revista Vision de Futuro |
| description | Organizations that aspire to obtain long-term results must correctly manage compliance with laws, regulations, codes, international standards and best practices related to ethics and society's expectations. The present research aims to propose a methodology for compliance risk management with a focus on organizational values. The methodology includes the main stages of traditional risk analysis: analysis of the organizational context, identification of obligations, evaluation and assessment of compliance risks and their treatment through action plans. As the main novelty, the authors include a tool that allows the integration of the elements of the context, with the identified obligations, their associated risks and the ethical values shared by the organization, called CORVAL map. The results of the implementation of the methodology in the process of Production of Computer Services in an cuban entity allow to identify as main risks: illicit contractual relations, lack of knowledge of the code of conduct by the workers, affectations to the prestige of the organization and high rates of electric energy consumption, identifying the shared value Responsibility and its associated behavior, as the most influential principle in the mitigation of the risks of compliance of the process. |
| format | Online |
| id | ojs-article-758 |
| institution | Facultad de Ciencias Economicas |
| language | Spanish English |
| publishDate | 2023 |
| publisher | Universidad Nacional de Misiones - Facultad de Ciencias Económicas |
| record_format | ojs |
| spelling | ojs-article-7582023-06-23T19:11:39Z Compliance risk management with a focus on shared values: Application in a case study in Cuba La gestión de riesgos de cumplimiento con enfoque en valores organizacionales: Aplicación en un caso de estudio en Cuba Plasencia Soler, Juan Antonio Bajo Sanjuán, Anna Marrero Delgado, Fernando Nicado García, Miriam Cumplimiento normativo; Riesgo de cumplimiento; Gestión de riesgos; Valores organizacionales. Compliance; Compliance risk; Risk management; Organizational values. Organizations that aspire to obtain long-term results must correctly manage compliance with laws, regulations, codes, international standards and best practices related to ethics and society's expectations. The present research aims to propose a methodology for compliance risk management with a focus on organizational values. The methodology includes the main stages of traditional risk analysis: analysis of the organizational context, identification of obligations, evaluation and assessment of compliance risks and their treatment through action plans. As the main novelty, the authors include a tool that allows the integration of the elements of the context, with the identified obligations, their associated risks and the ethical values shared by the organization, called CORVAL map. The results of the implementation of the methodology in the process of Production of Computer Services in an cuban entity allow to identify as main risks: illicit contractual relations, lack of knowledge of the code of conduct by the workers, affectations to the prestige of the organization and high rates of electric energy consumption, identifying the shared value Responsibility and its associated behavior, as the most influential principle in the mitigation of the risks of compliance of the process. Las organizaciones que aspiran obtener resultados a largo plazo deben gestionar correctamente el cumplimiento con las leyes, reglamentos, códigos, estándares internacionales y mejores prácticas relacionadas con la ética y expectativas de la sociedad. La presente investigación tiene como objetivo desarrollar un procedimiento para la gestión de riesgos de cumplimiento con enfoque en valores organizacionales. El artículo incluye las principales etapas del análisis tradicional de riesgos: análisis del contexto organizacional, identificación de las obligaciones, evaluación y valoración de los riesgos de cumplimiento y el tratamiento de estos a través de planes de acciones. Como principal novedad, los autores incluyen una herramienta que permite integrar los elementos del contexto, con las obligaciones identificadas, sus riesgos asociados y los valores éticos compartidos por la organización, denominada mapa CORVAL. Los resultados de la implantación en el proceso de Producción de Servicios Informáticos en una entidad cubana permiten identificar como principales riesgos: las relaciones contractuales ilícitas, el desconocimiento del código de conducta por parte de los trabajadores, las afectaciones al prestigio de la organización y altos índices de consumo de energía eléctrica, identificándose el valor compartido Responsabilidad y su comportamiento asociado, como el principio más influyente en la mitigación de los riesgos de cumplimiento del proceso. Universidad Nacional de Misiones - Facultad de Ciencias Económicas 2023-06-23 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf application/pdf text/html text/html https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758 Scientific Journal Visión de Futuro; Vol. 27 No. 2 (2023): July / December Visión de Futuro; Vol. 27 No. 2 (2023): Julio / Diciembre Revista Científica Visión de Futuro; Vol. 27 Núm. 2 (2023): Julio / Diciembre 1668-8708 1669-7634 spa eng https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758/840 https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758/841 https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758/852 https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758/853 Derechos de autor 2023 Juan Antonio Plasencia Soler, Anna Bajo Sanjuán, Fernando Marrero Delgado, Miriam Nicado García https://creativecommons.org/licenses/by-nc/2.5/ar/ |
| spellingShingle | Cumplimiento normativo; Riesgo de cumplimiento; Gestión de riesgos; Valores organizacionales. Compliance; Compliance risk; Risk management; Organizational values. Plasencia Soler, Juan Antonio Bajo Sanjuán, Anna Marrero Delgado, Fernando Nicado García, Miriam Compliance risk management with a focus on shared values: Application in a case study in Cuba |
| title | Compliance risk management with a focus on shared values: Application in a case study in Cuba |
| title_alt | La gestión de riesgos de cumplimiento con enfoque en valores organizacionales: Aplicación en un caso de estudio en Cuba |
| title_full | Compliance risk management with a focus on shared values: Application in a case study in Cuba |
| title_fullStr | Compliance risk management with a focus on shared values: Application in a case study in Cuba |
| title_full_unstemmed | Compliance risk management with a focus on shared values: Application in a case study in Cuba |
| title_short | Compliance risk management with a focus on shared values: Application in a case study in Cuba |
| title_sort | compliance risk management with a focus on shared values application in a case study in cuba |
| topic | Cumplimiento normativo; Riesgo de cumplimiento; Gestión de riesgos; Valores organizacionales. Compliance; Compliance risk; Risk management; Organizational values. |
| topic_facet | Cumplimiento normativo; Riesgo de cumplimiento; Gestión de riesgos; Valores organizacionales. Compliance; Compliance risk; Risk management; Organizational values. |
| url | https://visiondefuturo.fce.unam.edu.ar/index.php/visiondefuturo/article/view/758 |
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The impact of the diversity of the board of directors in the adoption of risk management and control practices