Shareholders vs. Stakeholders Lynn Stout’s book, The Shareholder Value Myth: How Putting Shareholders First Harms Investors, Corporations, and the Public was a subject this week in Jack Welch’s blog, Tom Peters’tweets and an article in the Harvard Law School Forum on Corporate Governance and Social Reform.” “Shareholder-value thinking dominates the business world today. Professors, policymakers, [Continue Reading]
Corporate Social Responsibility And Accountability
Corporate Social Sesponsibility is a form of corporate self-regulation integrated into a business model. CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is to embrace responsibility for the company’s actions and [Continue Reading]