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	Podcast:		Corruption Crime & Compliance
	Episode:		Episode 40 -- How to Conduct a Corporate Culture Assessment
	Category:		Business
	Duration:		00:00:00
	Publish Date:		2018-05-27 12:59:37
	Description:		Research has consistently demonstrated that an ethical corporate culture results in increased profits and sustainable growth. Companies with a positive culture have lower rates of employee misconduct, increased employee productivity, and lower employee turnover. All of these factors lead to higher growth rates, improved employee morale, and a reduced risk of misconduct and government investigation. This basic premise holds true: when ethical values are embedded in a company’s culture, respected in the company’s day-to-day operations and decision-making, and reflected in the trust among managers and employees, the company’s financial performance improves. While the value of a strong corporate culture is clear, a positive corporate culture does not always develop organically. Companies have to devote attention to measure, manage, and promote an ethical culture. Culture is a critical element of a compliance program and should be managed as such. In this episode, Michael Volkov discusses how to conduct a corporate culture assessment.
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