stakeholder accountability

23 March, 2020

Stakeholder accountability at risk from the Covid-19 crisis

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 c...
growth, company's purpose and profit

28 February, 2020

Company purpose and profit are not mutually exclusive

The past few years have seen a vivid international debate about the purpose of companies and the purport of their directors’ duties towards various stakeholder groups, pursued against the backdrop o...
boardroom, board executives

9 January, 2020

FRC governance report calls for ‘greater focus’ on culture and strategy

UK companies are struggling with defining their purpose and “greater focus” is required on sustainability, stakeholder engagement, diversity and the importance of corporate culture, according to a...
Wall Street, New York Stock Exchange, US corporate governance

9 January, 2020

Five myths and five realities about the role of shareholders

In August, the Business Roundtable, led by JP Morgan Chase CEO Jamie Dimon, issued a well-meaning but ultimately confusing statement about
BlackRock

18 December, 2019

BlackRock challenged to provide details of stakeholder pledge

You can’t talk the talk without having to walk the walk. BlackRock, the world’s largest asset manager, is being held to account for signing up to a major reset of corporate values. At the end o...
business purpose, purpose and profits

27 November, 2019

British Academy issues principles to ‘put purpose at the heart of business’

Anglian Water this year changed its articles of association, or constitution, to recognise that its business purpose went beyond profits and benefits for shareholders to include long-term value for cu...
slice of the pie

21 November, 2019

Companies need to grow the pie, not worry about how to split it

Business has lost the public’s trust. CEO pay and profits are soaring, wh...
Jamie Dimon

20 August, 2019

US business leaders pledge to ‘redefine corporate purpose’

It’s been a long running debate in recent years but now a group of heavyweight business leaders in the US have chosen a side. Business Roundtable, a body whose members include Julie Sweet, chief exe...