- Driving corporate culture from the top🔍
- Exposing the risks of organisational culture🔍
- The role of boards in measuring and managing the culture of their ...🔍
- Culture as the Foundation🔍
- Corporate Culture and Financial Reporting Risk🔍
- Corporate culture🔍
- Is the concept of a corporate risk culture doomed to fail?🔍
- Bank of America's Corporate Culture Crisis🔍
Corporate Culture Risk and the Board
Corporate culture should be part of the board's agenda and ongoing ... chairs the risk oversight committee and serves on the audit committee. Lam ...
Exposing the risks of organisational culture - BoardPro
... risk mitigation. Boards need to recognize and address the hidden risks associated with culture, including lack of evidence, filtered information, personal ...
The role of boards in measuring and managing the culture of their ...
'14. Much of the recent discussion on organisational culture within Australia has focused on risk and managing the downside of poor behaviour. Yet it should be ...
Culture as the Foundation: Building a High-Performance Board
The NACD 2023 Blue Ribbon Commission comprises a roster of distinguished corporate leaders and subject-matter experts. Primary Organization Affiliations and ...
Corporate Culture and Financial Reporting Risk: Looking Through ...
... culture and financial reporting risk is stronger for firms with weaker board independence. Thus, the work environment, as perceived by ...
Corporate culture, cultural diversification, and independent directors
One way in which managers can reduce firm risk is to promote corporate diversification. ... et al. Does board gender diversity weaken or strengthen executive risk ...
Is the concept of a corporate risk culture doomed to fail? | Analysis
... risk management understood by all employees and strongly endorsed and monitored by senior management and the board.This integration of risk management into ...
Bank of America's Corporate Culture Crisis: Part 4 – A Tale of ...
A speak-up culture is essential in identifying issues before they escalate into major risks. Management and the board should encourage employees ...
Do Directors and Officers Have a Duty to Monitor Corporate Culture?
The mismatch between formal policies and informal practices is undoubtedly challenging and frustrating for boards of directors and management ...
Risk and culture - Board Alchemy
Culture is appearing on board agendas, and it is also a topic clearly on the regulators' radars. (The Financial Reporting Council's report, entitled Corporate ...
Are Boards Responsible for Corporate Culture? - LinkedIn
In addition to this, some of the subtopics covered include the risks of holding directors liable for culture, when directors may be considered ...
Board Leadership in Corporate Culture: European Report 2017
In fact, almost two-thirds of directors say that their boards either do not consider culture as part of their formal risk assessment or fail to routinely ...
But there is no evidence that the Board weighed the impact of Enron's culture on the risks the company faced. Even if form alone was ever enough to reduce ...
Corporate Culture and Financial Reporting Risk
We also find that the association between firms' culture and financial reporting risk is stronger for firms with weaker board independence. Thus ...
Risk Culture: A View from the Board - Risk.net
First, the board must set values and standards for the company; this impinges directly on culture. Second, the board must determine the nature ...
Treading softly yet boldly: how culture drives risk in banks and what ...
... board members or business line representatives to inform our supervisory judgement. In some banks, we observed that the culture set at the ...
Definition of strategic risk culture guidelines, included in Santander Culture. • Escalating and reporting to the Board Risk Committee (BRC) and ...
Executive behavior is the key indicator of corporate culture risk, but ...
Board member impact trailed in a distant fourth place (27 percent). Internal audits often rely on more qualitative audit methods to assess ...
Do You Have an Aligned Risk Culture? - LSA Global
Risky Corporate Cultures Compared to companies that want to mitigate risk, companies with a risky corporate culture celebrate taking chances, have formal ...
Reputational Risk, Corporate Culture and the Board - BRINK
Reputational Risk, Corporate Culture and the Board ... Even when top executives in banks recognize the crucial importance of reputational risks, ...