Beyond bad apples: risk culture in business

"The one bad apple spoiling the barrel has become a common metaphor to describe 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 (GF...

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Weitere Verfasser: Tuveson, Michelle 1966- (HerausgeberIn), Ralph, Daniel ca. 20./21. Jh (HerausgeberIn), Alexander, Kern 1962- (HerausgeberIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, United Kingdom ; New York, NY, USA ; Port Melbourne, Australia ; New Delhi, India ; Singapore Cambridge University Press 2020
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Zusammenfassung:"The one bad apple spoiling the barrel has become a common metaphor to describe 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. We present an institutional perspective of some of the forces that shape risk culture in organisations through a multi-disciplinary examination of risk culture from a variety of leading academics and subject specialists. We draw attention to the role of firms as manufacturers and managers of risk versus risk being the passive recipients of chance circumstances or individuals' rogue behaviours. Foundational concepts needed for an institutional view of risk culture are highlighted with subsequent links to significant developments within society and firms to date"--
Beschreibung:1 Online-Ressource (xviii, 286 Seiten)
ISBN:9781316996959
DOI:10.1017/9781316996959