The current crisis is putting the concept of stakeholder accountability under strain. But experts warn that businesses will be judged on how they respond.
It’s becoming clear that businesses responding to the Covid-19 crisis are putting their reputations on the line. As the pandemic increases in intensity and governments shut down whole countries to control transmission, economies and businesses are being placed under unprecedented pressure.
Some companies have attracted praise and public honours for their decision making; others have found themselves under a barrage of scorn as they take action to part with employees.
The difference prompts the question: what has happened to the “responsible business debate”, the push for companies to factor in the “societal good” and shift fro
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda