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Introduction

Published online by Cambridge University Press:  22 May 2020

Michelle Tuveson
Affiliation:
Judge Business School, Cambridge
Daniel Ralph
Affiliation:
Judge Business School, Cambridge
Kern Alexander
Affiliation:
Universität Zürich
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Summary

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.

Type
Chapter
Information
Beyond Bad Apples
Risk Culture in Business
, pp. 1 - 18
Publisher: Cambridge University Press
Print publication year: 2020

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