2023 Organizational Culture and Ethics Report

2023 Organizational Culture and Ethics Report

Auditboard
Published by: Research Desk Released: Feb 05, 2024

For too many years now, we have witnessed untold numbers of self-inflicted failures at organizations around the world. Enron, WorldCom, Volkswagen, Carillion, WireCard, Theranos, FTX — the list goes on. These failures have devastating impacts. Key stakeholders including employees, investors, customers, suppliers, and communities suffer. Trust in the capital markets is damaged, jobs and retirement savings lost, reputations ruined, employee retention and recruitment squashed, and revenue, profit, and shareholder value irreversibly squandered.