All Corporate Culture articles
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PremiumCompliance should be a business partner, not a blocker
Compliance has long been viewed by some as the “Department of No.” What typically happens is a new product or service is being launched, and compliance is brought in at the end of the process. Inevitably, the compliance team finds aspects of the new product or service that violates a ...
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ArticleJames Comey: Lessons from Enron era will ‘become real again’
Former FBI Director James Comey kicked off Compliance Week’s 16th annual National Conference on Tuesday by speaking candidly about a variety of risk and compliance matters, including the importance of a strong ethical culture in the coming post-pandemic “boom times.”
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Blog
SEC’s Clayton digs into the basics of company culture
SEC Chairman Jay Clayton used a speaking engagement this week to champion the need to establish a firm-wide culture of compliance.
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Article
Corporate culture may be even more important now
Smart strategies for influencing corporate culture include aligning incentives and recognizing that “tone at the top” needs to be supplemented by “tone at the bottom.”
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Article
Creating a culture open to change
In this latest installment of the GRC Illustrated Series, OCEG and Compliance Week explore ways to help companies combat resistance to a change in corporate culture.
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Article
Carillion: compliance without complying
The Carillion collapse illustrates once again that compliance with the U.K. corporate governance code does nothing to prevent bad actors from making bad decisions.
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Article
PCAOB ponders plateau, calls on firms to dig deeper
With PCAOB inspection results hitting a plateau, how can auditors be held accountable for better audit quality? Amid allegations of fraud and conspiracy, is culture a factor?
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Blog
CCO learning from the KPMG indictments
There is no doubt KPMG was under pressure to improve the firm’s audit practices, but how much pressure does it take for three national practice leaders to actively participate in an illegal scheme? CCOs need to study this case and think about their firm’s regulatory oversight.
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Article
5 proof points of a culture of compliance
Everybody likes to think they have a culture of compliance, but how do you really know if it’s true or not? Here are five ways to see if perception and reality are in sync.
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Article
Using metrics to gauge corporate culture
At a recent ethics and compliance virtual conference, ethics officers shared their approaches for gathering and using metrics to gauge corporate culture.
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Blog
Survey: Office culture still a major barrier to whistleblowing
Whistleblowing is becoming a more standardized practice in workplaces around the world, but workplace culture is still deterring large numbers of employees from engaging in the practice, new research by law firm Freshfields Bruckhaus Deringer has revealed.
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Blog
Culture, compliance, and the board
Companies need to beware of two debilitating types of corporate culture, according to Uber board member Arianna Huffington, “the cult of the top performer” and “the culture of burnout and stress.”
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Blog
NACD report on board culture and corporate culture
Have boards of directors finally begun to wake up to their role in the fight against bribery, corruption and unethical corporate behavior? Tom Fox explores.
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Blog
Flying the (not so) friendly skies of United
United Airlines seems to be battling an internal cultural issue, as recent events suggest. The beleaguered airline is once again in the news—this time for forcing a paying passenger off a flight to make room for its own staff.
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Article
Governance compliance on the rise, but more is not always better
Compliance and reporting are on the rise, but so is the amount of material used as documentation. Is quality getting mired by quantity? Paul Hodgson reports.
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Blog
New IIA data tallies political pressure on internal auditors
Tammy Whitehouse has the results of a new report from the Internal Audit Foundation that says one in four practitioners around the world face pressure to suppress or change audit findings.
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Blog
A culture of sexual harassment
Columnist Richard Steinberg looks at the sexual harassment suit against Fox News CEO Roger Ailes and its impact on corporate culture, asking, “What to do when the CEO is also chairman?” That’s why board independence is so important, says Steinberg.
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Blog
To really improve corporate culture, it must be measurable
The days of viewing culture as a hazy intangible are over, given regulator interest in using the efficiency of cultural programs as benchmarks for everything from indictment decisions to penalties. Corporate culture, says Jose Tabuena, needs to be subject to performance benchmarks, like anything else.
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Article
FRC: U.K. corporate culture needs serious work
The United Kingdom’s Financial Reporting Council has released a report of observations on overall U.K. corporate culture and highlighted a number of ways in which boards and management can make some much-needed adjustments. Neil Hodge has more.
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Blog
Monitoring corporate culture
A recent report from the Financial Reporting Council offers guidance to board chairmen on how to promote corporate culture. The report advises boards to align values, exercise steardship, and demonstrate leadership, among other steps. Paul Hodgson provides an in-depth look.