Tag: corporate purpose
Corporate purpose: elevating performance from board to brands
Directors should familiarise themselves with the emerging practices that companies can adopt to embed purpose and drive performance.
Watchdog’s ire provoked by ‘vague’ purpose statements
Research by the FRC finds 62% of companies cannot articulate connections between their purpose, values and strategy.
Can business leaders be more effective human rights advocates?
Businesses are increasingly expected to engage with societal issues. Boards will need new skills to meet the challenge.
Business leaders want incentives to spur switch to ‘purposeful’ companies
British Academy study reveals 63% of firms are taking steps to become more purposeful, while 55% think there should be government incentives.
What’s a company for? An answer from Ancient Greece
An imagined dialogue between Milton Friedman, the economist who has come to represent the shareholder primacy world view, and Socrates.
The PEP framework: how business can harness the power of purpose
By tapping into corporate purpose and individual management style, PEP fosters outcomes that benefit all stakeholders in a corporate ecosystem.
Institute of Directors launches new corporate governance centre
The independent body will examine issues such as artificial intelligence, stakeholder governance and sustainability, as well as post-pandemic recovery.
Business Roundtable members ‘should become benefit corporations’
Harvard academics argue that the only way to make the group’s stated stakeholder commitments enforceable is for the firms to become benefit corporations.
Balancing the books: the challenges of chairing a library charity
There are no easy solutions to balancing the needs of stakeholders, but having a board where tough issues are raised and debated is crucial to success.
Social factors ‘now key to good corporate governance’ says ICGN
The Covid-19 pandemic has highlighted social failures and “deep” inequality which must be addressed by business, warns the global governance body.