Element contents
Series: Elements in Corporate Governance
Trust, Accountability and Purpose
The Regulation of Corporate Governance
Published online by Cambridge University Press: 16 August 2019
Summary
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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- Information
- Series: Elements in Corporate GovernanceOnline ISBN: 9781108781138Publisher: Cambridge University PressPrint publication: 15 August 2019
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