Reputational Risk Australia - 2017 Survey Report
Australie | Publication | September 2017
Reputational capital is the new black. Faced with changing consumer preferences, growing public mistrust and social media powered news, business leaders are highly sensitive to the pivotal role reputation plays in the success of each company.
In 2017, Norton Rose Fulbright surveyed business leaders across Australia with regard to reputational risk, and what it means for their respective organisations. The results outline the high awareness and good knowledge of different exposures that could results in reputational damage, but also point to certain areas for improvement.
Several strategies can help businesses manage reputational risk more effectively, and strengthen compliance across their corporate cultures:
- Maintain an open dialogue between board members, the executive team, general counsel and risk managers in order to have a more accurate, multi-faceted view of potential reputational threats, and a fit-for-purpose mitigation plan.
- Stress-test policies and processes against real-world risk scenarios regularly, and embed the learnings for continuous improvement. Constant monitoring is a critical part of ensuring compliance.
- Organise regular training for exposures that can result in reputational damage, ranging from cyber risk to ethical conduct and diversity. This can help further embed organisational values in your culture, and foster a culture of compliance.
To find out more about what reputational risk means to Australian organisations and benchmark your business against your peers, read our full report.
For more information, contact one of our risk advisory experts below.
Associated resources
List of pages
Publications récentes
Publication
La Cour suprême du Canada tranche : les cadres ne pourront se syndiquer au Québec
Le 19 avril dernier, la Cour suprême du Canada a rendu une décision fort attendue en matière de syndicalisation des cadres.
Publication
Budget fédéral canadien 2024 : Mesures administratives et mesures portant sur les différends fiscaux
Le budget 2024 propose d’élargir la portée de certains pouvoirs permettant à l’ARC de demander des renseignements aux contribuables tout en prévoyant de nouvelles conséquences pour les contribuables contrevenants.
Publication
Budget fédéral canadien 2024 : Impôt minimum de remplacement
L'impôt minimum de remplacement (IMR) est un impôt sur le revenu additionnel prévu dans la Loi de l’impôt sur le revenu (Canada) (la « Loi ») auquel sont assujettis les particuliers et certaines fiducies qui pourraient autrement avoir recours à certaines déductions et exemptions et à certains crédits pour réduire leur impôt sur le revenu fédéral canadien régulier.
Abonnez-vous et restez à l’affût des nouvelles juridiques, informations et événements les plus récents...