Ethics, Culture, and Compliance Network, March 2023
Effective oversight of corporate ethics, compliance, and culture remains a priority for boards. A range of stakeholders—including regulators, law enforcement, and investors—have signaled the importance of culture in driving ethics and integrity and their intentions to hold directors and officers accountable for corporate misconduct. A difficult economy and volatile markets are creating pressures that increase culture risk, and an increasingly politicized and polarized environment only heightens the reputational risks arising from ethical failings.
On March 9, 2023, the Ethics, Culture, and Compliance Network gathered virtually for a peer-to-peer dialogue about key 2022 challenges and accomplishments and 2023 goals with respect to advancing board oversight of corporate culture, ethics, and compliance.