ARTICLE
24 September 2019

Internal And External Forces – The Rising Importance Of Corporate Culture Review

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Corporate boards and executives continuously strive to identify and manage the key drivers of corporate performance.
United States Corporate/Commercial Law

Corporate boards and executives continuously strive to identify and manage the key drivers of corporate performance. Corporate culture, which until recently was rarely identified as one of these drivers, is now viewed as an essential area to monitor. In particular, in light of a spate of corporate scandals generated by executive misconduct and systemic risk-taking that negatively impacted company performance, pressure has been mounting on boards and management to conduct a closer review of cultural indicators.

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