Organizational Culture Drives Ethical Behaviour: Evidence ...

1 Organizational Culture Drives Ethical Behaviour: Evidence From Pilot Studies Azish Filabi, Executive Director, Ethical Systems, NY, NY, USA Caterina Bulgarella, Independent Ethics Advisor & Culture Architect, NY, NY, USA Abstract Regulators around the world are increasingly focusing on Organizational Culture to help them curb corruption in companies. After the Global Financial Crisis in particular, the financial services sector regulators, both in the UK and the US, have encouraged financial institutions to report on how they manage the Culture in their organizations, and to determine ways that Culture impacts desired behaviors at the firm. In the , the sector has created a Banking Standards Board that conducts Culture assessments at member companies.

The FCA also instituted the Senior Managers Regime, whose aim is to change corporate culture through improved accountability systems ... the effort must be supported by senior management, even if it may uncover some uncomfortable truths about the firm. Addressing the reality of culture is necessary when combating ithe risk of corruption and ...

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  Management, Senior, Manager, Regime, Senior managers regime, Senior management

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