Question: Johnson (2016) provides five formal and four informal elements found in the workplace. Johnson calls them the products of shared culture within an organization. These

Johnson (2016) provides five formal and four informal elements found in the workplace. Johnson calls them the products of "shared culture" within an organization. These cultural norms should be recognized to ensure that, whether formal or informal, they contribute to the development and maintenance of an ethical organizational culture.

Often the discussion of the company and its culture ends with the daily operational leadership, but what about the board of directors? The board of directors' responsibility is to ensure the company's sustained success through their collective efforts. Corporate ethics fits within the responsibility of this governance group. Directors should set policy and monitor that the organization is operating in compliance.

Read Enron - The Biggest Fraud in History

Review the Formal and Informal Elements of ethical culture discussed by Johnson (2016).

In the discussion forum, briefly discuss examples of formal and informal cultural elements.

Consider the following questions:

What obligations does the board of directors have to the organization?

What factors might encourage boards to act irresponsibly?

Consider the information on Enron's board of directors

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