Regulators are prioritizing firm cultures marked by psychological safety, with a view to creating conditions that promote ‘speak up’ behaviors among staff who witness questionable acts and decision-making. Firms failing in this will contend with employees increasingly ready to ‘speak out’ – externally – when speaking up internally appears unwelcome or untenable.
Observations
May 15, 2025Whistleblowers may receive up to $150 million for exposing Credit Suisse’s continued role in helping Americans evade taxes, as reported by the Wall Street Journal.
Observations
Oct 01, 2024A cultural survey from the Australian Securities and Investments Commission (ASIC) has revealed seemingly widespread dissatisfaction among staff at the regulator, as reported by the Australian Financial Review.
by Amy Edmondson, Stephen Scott, Paul Seabright
Compendium
Jun 11, 2024