Remaking Culture on Wall Street

More about the book

The book highlights the ongoing issues of misconduct in financial firms since the 2008 crisis, where over $320 billion in fines have been imposed. It critiques current measures that rely on monitoring and enforcement, advocating for a cultural shift that prioritizes employee trust and engagement. By leveraging behavioral science, it aims to help leaders understand their workforce's mindset and foster an ethical environment that aligns with business success. The text also discusses regulatory responses and offers proposals for restoring trust and reforming corporate culture.