Board Oversight Of Corporate Culture

Corporate culture significantly influences a company's long-term financial performance; a board of directors should consider oversight of corporate culture as one of its duties. However, just as corporate culture is not a one-size-fits-all proposition for organizations with different characteristics and objectives, the appropriate role for directors regarding corporate culture varies with each organization and its circumstances. Corporate culture significantly influences a company's long-term financial performance; a board of directors should consider oversight of corporate culture as one of its duties. However, just as corporate culture is not a one-size-fits-all proposition for organizations with different characteristics and objectives, the appropriate role for directors regarding corporate culture varies with each organization and its circumstances.