The Defense Industry Initiative: From Business Conduct Program Innovator to Industry Standard?

Andrea Bonime-Blanc

Chapter 4 in Globalization and Self-Regulation, 2011, pp 123-160 from Palgrave Macmillan

Abstract: Abstract Thus opens the document entitled “Defense Industry Initiatives on Business Ethics and Conduct,” dated June 9, 1986; it is the beginning of what has come to be widely known as the Defense Industry Initiative (DII). A narrow and not completely incorrect reading of this paragraph might lead one to conclude that the sole purpose of the initiative was to address procurement fraud and provide parameters around mitigating and eliminating such fraud. A broader interpretation that reflects the actual eventual evolution of the DII, however, would suggest that even if the original intent of the drafters of this initiative may have been to address only defense industry procurement issues, the DII in many ways represented the beginnings of a revolution in how corporations, especially in the United States but increasingly elsewhere, create and implement internal business conduct and ethics programs.

Keywords: Business Ethic; Chief Executive Officer; Voluntary Disclosure; Defense Industry; Ethic Program (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1057/9780230348578_4

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