Corporate Culture and the role of Boards

UK Financial Reporting Council, July 2016

In the foreword to Corporate Culture and the Role of Boards, published by the UK’s Financial Reporting Council in July, the FRC’s chairman, Sir Winifred Bischoff, points to “the increasing role corporate culture plays in delivering long-term business and economic success”, by protecting and generating value.

Boards, holds the FRC, need to understand that business strategy must reflect company values and culture, and that they as boards are responsible for both.