Education, Science, Technology, Innovation and Life
Open Access
Sign In

Corporate Compliance Risk Prevention from the Perspective of National Governance

Download as PDF

DOI: 10.23977/ferm.2022.050705 | Downloads: 12 | Views: 607

Author(s)

Jiyang Xiao 1

Affiliation(s)

1 Faculty of Law, Qingdao University, Qingdao, Shandong, 266071, China

Corresponding Author

Jiyang Xiao

ABSTRACT

The global epidemic situation, the changing situation in a century, and enterprise compliance are the only way for enterprises to achieve sustainable and healthy development, and also the inevitable choice to promote the modernization of the national governance system and governance capability on the track of the rule of law. In terms of national legislation, the enterprise compliance causes in the pilot reform will be presented in the criminal law and criminal procedure law and integrated into the socialist legal system with Chinese characteristics. In terms of administrative law enforcement, administrative organs should guide enterprises' compliance construction, help enterprises prevent compliance risks, and support and serve enterprises' steady "going global". In judicial practice, the procuratorial organs explored and innovated the new mode of procuratorial performance, "strictly managed and loved" the enterprises, encouraged the enterprises involved to rectify in compliance with the regulations, and realized self strengthening. In terms of supervision and management, the procuratorial organ cooperates with the third country to organize independent supervision to ensure the effectiveness of enterprise compliance rectification. We will take multiple measures at the same time to make enterprise compliance reform help the country's modern governance to a higher level. 

KEYWORDS

National governance; Corporate compliance risk; Enterprise compliance reform; Thought of rule of law

CITE THIS PAPER

Jiyang Xiao, Corporate Compliance Risk Prevention from the Perspective of National Governance. Financial Engineering and Risk Management (2022) Vol. 5: 30-36. DOI: http://dx.doi.org/10.23977/ferm.2022.050705.

REFERENCES

[1] Chen Ruihua. (2021) On the Nature of Enterprise Compliance. Journal of Zhejiang Industrial and Commercial University, 1, 46-60.
[2] Ye Bin. (2020) On Investment Protection in the EU White Paper on Foreign Subsidies. International Law Research, 6, 70-85.
[3] Yin Yunxia, Li Xiaoxia. (2020) The Motivation and Realization Path of Chinese Enterprise Compliance. China Legal Review, 3, 159-166.
[4] Li Bencan. (2021) Rational Treatment of Enterprise Compliance Non prosecution System. Democracy and Legal System, 24, 37-39.
[5] Chen Ruihua. (2021) On the Position of Enterprise Compliance in the Administrative Supervision Mechanism. Journal of Shanghai University of Political Science and Law (A Study of the Rule of Law), 6, 1-20.
[6] Chen Ruihua. (2021) On the Basic Value of Enterprise Compliance. Law Forum, 6, 5-20.
[7] Yin Yunxia, Zhuang Yanjun, Li Xiaoxia. (2016) Enterprise initiative and anti-corruption "radiation law enforcement effect" - inspiration from the US FCPA cooperation mechanism. Jiaotong University Law, 2, 28-41.
[8] Sun Guoxiang. (2021) Observation and Reflection on the Practice of Enterprise Compliance Reform. China Journal of Criminal Law, 5, 23-41
[9] Liu Tingting. (2021) Corporate compliance reform opens the sun flower. Procuratorial Daily, 16, 5.

Downloads: 16591
Visits: 339897

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.