BAE review finds company had ethical failings
As the BBC reports:
A review into business practices at defence firm BAE Systems has called for tougher anti-bribery measures.
The study by Lord Woolf, former Lord Chief Justice of England and Wales, set out 23 recommendations for the firm.
Lord Woolf said the report provided a “route map” for BAE to ensure it was a leader for its ethical standards…
The BBC’s business editor Robert Peston says that the report’s finding, that in the past BAE did not pay sufficient attention to ethical standards in the way it conducted business, is an embarrassing admission.
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