Tag: trust in business
The UK needs a code of conduct for company directors
A formal code of conduct for company directors would signal their willingness to apply high ethical standards in governance and leadership.
IoD calls for voluntary code of conduct for board directors
Institute of Directors says a voluntary code would “articulate standards for directors” without adding to the “burden” of regulation.
The heavy cost of boardroom disasters
The size and global reach of modern businesses means that the repercussions of scandals and collapses are more severe than ever.
Ethics in the technology sector remains a headline issue
For a second year running technology is the sector that garnered the most news stories about ethical lapses—with data privacy a key concern.
Annual survey reveals 42% of the public consider business ‘unethical’
The Institute of Business Ethics says just 40% of those polled in its annual survey think business is ethical—down from 59% in 2020.
What’s in your hand? How businesses can create social value
Companies are creating social value during the coronavirus crisis by thinking innovatively about what they can offer—and who could benefit.
Section 172 reporting is an opportunity to increase transparency
New S172 reporting requirements should spur firms to review how board decisions are reached, and push boards to learn more about the views of stakeholders.
Public confidence in ethical business behaviour falters
A new survey reveals 57% of the British public believe business behaves ethically, down from a record high of 62% last year.
Companies need to grow the pie, not worry about how to split it
We tend to see the relationship between business and society as a fight over the biggest slice of pie. We need a pie-growing mentality instead.
Improve executive behaviour with better board education
Everyone wants executive behaviour to improve. But the solution cannot just be to increase regulation—the answer lies in better managerial education and audacious corporate governance reform.