Institute highlights the reputational risks lurking in firms' value chains.

PositionINFORM - Brief article

Businesses should make ethics, governance and risk management top priorities in value chain management, a new CIMA report has urged.

The latest addition to the CGMA "Rethinking the value chain" series of reports, tools and videos explores how value-creating activities are affected by factors such as globalisation, demographic shifts and digitisation. According to its findings, reputational risk is becoming an increasingly important factor for businesses, since 80 per cent of an organisation's worth comes from its intangible assets, including the value of its brand.

Changing corporate governance environments are another key factor in value chain management, with the report examining topics such as risk resilience, bribery and other forms of corruption. To complement these themes, the report's authors have also published a case study of the radical ethical and cultural changes that have taken place at...

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