The Effective Board

Building Society Culture: Views from the top

During autumn 2016 Independent Audit together with the Building Societies Association conducted a survey of building society chairmen to provide insight to the corporate culture and the role of boards in building societies.  This followed a similar study carried out by Independent Audit in to the corporate culture of FTSE 350 companies, on behalf of the Financial Reporting Council.

The results of the survey can be found in the report, Building society culture: views from the top, which is based on interviews with 32 building society chairmen, representing 88% of the sector by asset size.

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For us, good governance is about good performance.

Yes, compliance matters.  But our work is about helping you make sure your organisation…is led effectively by a board that adds value…is kept under control through risk management and assurance frameworks that meet your needs…and is “doing the right thing”.

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