Culture, ethics audits can prevent malfeasance: study

Companies are failing to prioritize assessments of their work culture and missing an opportunity to ward off corporate wrongdoing that can occur when values are mismatched, a recent study by AuditBoard found.
Executive behavior is seen as a critical indicator of company culture, with 68% of internal auditors surveyed in AuditBoard’s 2023 Organizational Culture and Ethics Report pointing to poor tone or executives not living up to company values as a key risk indicator.