An Effective Corporate Culture: The Role of The Board

Corporate culture should be driven and championed by the organization's leaders, namely, the board. However, this is easier said than done. Given the obvious constraints such as the senior management, other employees (human element), the board does not oversee the day-to-day operations, among others. Nonetheless, the board should not be deterred and should bear in mind, the responsibility of leadership, establishing and promoting the company's values rests on its shoulders. Also, in the event of corporate scandals, the spotlight is always thrust on the board. Therefore, this paper aims to examine the concept of corporate culture to highlight its importance to a company's performance and the role of...