This paper aims to shed light on corporate compliance programs as well as their implementation from legal and management perspectives. The concept of compliance program refers to processes by which compliance decisions are made within an organization with the aim to set up control structures that guide individual action so that the various stakeholders can act in line with the organization’s interests. The authors of this paper then refer to existing studies to present the means to achieve compliance programs’ goals as well as obstacles that can hinder their effectiveness. Therefore, a literature review is first discussed in order to better present the key players involved in compliance business within companies. Finally, an analysis on how to implement compliance programs is conducted as well as a discussion on the main components that contribute to their success.