13 February 2015
Bad behaviour becomes a habit if not corrected, says Joy Allen
The FRC’s report ‘Developments in Corporate Governance and Stewardship 2014’ presents some exciting opportunities for company secretaries. It recognises the importance of organisational culture for governance and stresses the board’s responsibility for shaping that culture, starting in the boardroom and extending to everyone in the business.
It acknowledges that, within the board’s thinking on key risks, there needs to be recognition of the threats arising from behaviour. Behaviour happens...