Beyond Bad Apples: Risk Culture in Business

The one bad apple spoiling the whole barrel has become a common metaphor used with reference to risk culture in organisations. This "inside-out" perspective begins with the individual as the unit of analysis and follows with inferences to the broader environment. Since the Global Financial Crisis (GFC) of 2008, risk culture for many has become the explanation for shortcomings, poor decisions, and moral failures in organisations. This volume presents an institutional perspective of the forces that shape risk culture, and culture more generally, in organisations through a multi-disciplinary examination from a variety of leading academics and subject specialists. The authors demonstrate that firms play a role as manufacturers and managers of risk and they challenge common conceptions that attribute risk to chance circumstances or rogue behaviours. The foundational concepts needed for an institutional view of risk culture are highlighted with subsequent links to significant developments within society and firms.

Author: Michelle Tuveson
Publisher: Cambridge University Press
Published: 07/09/2020
Pages: 275
Binding Type: Hardcover
Weight: 1.20lbs
Size: 9.10h x 7.20w x 0.70d
ISBN13: 9781108476102
ISBN10: 1108476104
BISAC Categories:
- Business & Economics | Organizational Behavior
- Business & Economics | Corporate Finance | General