Corporate culture

Considered in light of the Court of Chancery ruling, the DOJ’s core findings in its Boeing investigation are problematic at best. The Court of Chancellery decision describes how Boeing’s safety culture has deteriorated into a culture of cost reduction and profit, under the supervision of a board of directors with prestigious credentials. The Delaware court …

Take away food: Based on the old and new directives, the Department of Justice will take the following into account when dealing with misconduct by legal persons: Disclosure of ALL information about those involved in the misconduct Consideration of ALL previous acts of misconduct Use of independent auditors Priorities and actions: While speaking recently to …

UK businesses need to be aware of the growing importance given to corporate culture by regulators on both sides of the Atlantic. In a recent speech that garnered much attention, U.S. Deputy Attorney General Lisa Monaco highlighted several significant changes in how the U.S. Department of Justice (DOJ) will prosecute corporate crime during the Biden …

UK businesses need to be aware of the growing importance given to corporate culture by regulators on both sides of the Atlantic. In a recent speech that garnered much attention, U.S. Deputy Attorney General Lisa Monaco highlighted several significant changes in how the U.S. Department of Justice (DOJ) will prosecute corporate crime during the Biden …

UK-based online contact center cuts carbon emissions to zero through remote working. LONDON, UNITED KINGDOM, November 1, 2021 /EINPresswire.com/ – November 6 is celebrated as the Global day of action, calling on all individuals and climate activists to unite for a common goal: to convince governments and businesses to take action to reduce CO2 emissions …

An Indian-born CEO appointed by a multinational may grab the headlines, but no longer raise eyebrows as a flash in the pan. On the contrary, there is now a growing trend for global CEOs to write success stories for Indian companies. For India Inc, with a traditionally poor record of hiring expatriate CEOs, the passages …

For many years, each new money laundering case brought against one of the largest Western banks resulted in the payment of a fine and the perpetrator’s silence. No program to reform the system where financial institutions help and encourage kleptocratic regimes can ignore the internal business cultures that drive the leaders of mega-corporations. Decisions about …

Pierre Uzoho Experts in finance and auditing stressed the need for companies, especially those in the financial services industry, to continuously develop a good and sustainable corporate culture in their organizations for growth. Experts recently spoke at the 50th Quarterly General Meeting of the Association of Bank Audit Directors in Nigeria (ACAEBIN) hosted by the …

The culture of the workplace has undergone many changes in various industries. From changes in business models to corporate values, the workforce has experienced cultural shifts, often resulting in more inclusive and diverse environments. While other industries have quickly adopted new cultural environments over the years, the oil and gas industry has generally remained traditional …

A prominent securities regulator recently observed that “ESG no longer needs to be explained.” ESG is firmly ensconced in the mainstream of corporate America, a frequent topic in boardrooms, C-suites, investor meetings, and regulators’ remarks. Perhaps less obvious is that ESG has yet to be mainstreamed, as it were, in internal corporate governance and operations …