The revamped governance code and guidance amount to a demand for cultural change in the boardroom. But how should boards change in order to better manage the risks associated with poor corporate culture?
Since the collapse of Lehman Brothers and the ensuing crisis, the global financial system is safer and more robust, with stronger governance and regulation. But there remain striking differences between the structure and governance of US and European banks, which only the next crisis will truly put to the test.
Cambridge Analytica harvested the data of 50 million Facebook users to help swing the US presidential election, but amid the trend for corporate governance 'narratives', did Facebook's directors forget the chapter on ethics?
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