Corporate Governance and Corporate Culture

In the wake of the banking crisis and other corporate scandals, it is increasingly recognized that learning to understand and shape the drivers of behavior is a key issue for companies, boards, owners and regulators. Corporate culture is closely linked with all aspects of a company, ranging from risk to strategy, from compliance to sustainability. Yet, culture is a not an easy topic to discuss and it does not often receive the emphasis it requires inside board rooms. Thus this issue of the Hawkamah Journal is focused on the theme of corporate culture. We are pleased to feature an interview with Sir David Walker on topic as well as a number of authors exploring culture from various angles, from the regulatory perspective to the role of the internal audit. It is clear that corporate culture is a key ingredient in good corporate governance.