No more business as usual: Professor Colin Mayer, Saïd Business School
The British Academy fellow on how business purpose has moved from the slipstream to the mainstream—and how firms with defined values are best placed to survive the current pandemic.
Covid-19 has presented business with its biggest challenge since the financial crisis of 2008. Perhaps one of the most pressing questions is whether the development of “purposeful” businesses will continue amidst a crisis that presents an existential threat to so many companies.
“Purpose” has become a byword for the future of business among corporate leaders everywhere, as companies and their boards came to terms with the loss of public trust after the financial crisis and started playing their part in defeating global warming.
However, the way some companies have reacted to the Covid-19 pandemic has thrown a spotlight on the ch
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
Related Stories
-
IIRC marks advances in integrated reporting, but ‘work to be done’ in US
The International Integrated Reporting Council's annual report reveals an expansion of its network and celebrates bringing China on board, but concedes there is still work to be done in the US.
-
Putting more women at the helm of corporate boards
Research shows that women often outperform men in critical board-leader competencies. If only there were more female board chairs.
-
Shareholder pressure gets women directors on US boards
Study reveals that recent campaigns by BlackRock, State Street and Vanguard have significantly increased the number of women on US boards.
