David Wishart

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Board-level risk indicators include one person dominating meetings or a culture of blaming and withholding information. Shutterstock

There is nothing sacrosanct about corporate culture; we can and must regulate it

David Wishart, La Trobe University and Dr Ann Wardrop, La Trobe University

It is a furphy that regulation for good corporate culture is impossible. It is done in the Netherlands and it is already under way in Australia, albeit in an unacknowledged, and limited, form.

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