The international financial crisis has originated public trust in associations to drop to its lowest level in history. The writers start by defining the three elements of the 'trust failure' for remedying trust that has taken place, and then present six strategies.
These include fostering a culture change, altering the manner boards function and raising external regulation. By warning that a number of reforms have been put in place to restore institutional trust they end, but the jury is still out as to whether they will 'stick' through time.
Restoring Institutional Trust A Systemic Approach case study solution
PUBLICATION DATE: September 01, 2012 PRODUCT #: ROT176-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING