Culture is consistently seen as culprit amidst continuing risk governance failures among firms, as well as in troubling lapses on the part of the auditors and regulators relied upon to assure market integrity. Culture is thus considered to be a critical governance priority – for private and public entities equally – and particularly so in the financial sector.
Observations
Apr 23, 2025According to a new report from the Committee for Better Banks (CBB), Wells Fargo employees say that the sales culture that triggered its disastrous "fake accounts" scandal may be re-emerging.
by Amy Edmondson, Gillian Tett, Jamie Fiore Higgins
Video
Dec 04, 2024Observations
Nov 12, 2024A recent wave of scandals among major Australian companies has raised concerns about corporate governance and board oversight, as reported by Financial Times journalist Nic Fildes.