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Published online by Cambridge University Press:  22 May 2020

Michelle Tuveson
Judge Business School, Cambridge
Daniel Ralph
Judge Business School, Cambridge
Kern Alexander
Universität Zürich
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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.

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

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