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Trust, Accountability and Purpose
Paperback
Series: Elements in Corporate Governance
History & Philosophy of Science
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ISBN10: 1108748503
ISBN13: 9781108748506
Publisher: Cambridge University Press
Published: Aug 15 2019
Pages: 84
Weight: 0.27
Height: 0.17 Width: 6.00 Depth: 9.00
Language: English
ISBN13: 9781108748506
Publisher: Cambridge University Press
Published: Aug 15 2019
Pages: 84
Weight: 0.27
Height: 0.17 Width: 6.00 Depth: 9.00
Language: English
The collapse of trust can be found across all of our institutions but most of all in finance. This Element seeks to answer an existential question: how to rebuild trust in distrusting times? Integrity, responsibility and accountability must be embedded into corporate mission statements, values and codes of conduct. Through organisational and regulatory design across five interlocking themes - legal, regulatory, managerial, ethical and social. What is required is substantive rather than technical compliance; warranted rather than stated commitment to high ethical standards; effective deterrence strategies; enhanced accountability; and a shared commitment to risk within negotiated, binding and enforceable parameters.
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