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Why All the Fuss Over Culture?

Richard M. Steinberg | January 12, 2016

We hear a great deal about corporate culture and its relevance to such matters as internal control, risk management, whether to pursue a merger or acquisition, and the effect on regulators’ investigations and enforcement actions. It seems we can’t get away from hearing about it, and we begin to wonder whether this thing called culture is real; and, if it is, what its effect is and whether it can be influenced in a meaningful way.

Much attention is given to culture’s effect on how well a company deals with legal and regulatory compliance. For years, regulators have been pushing the importance of a corporate culture that drives a high... To get the full story, subscribe now.