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The Accountability Web: Weaving Corporate Accountability with Interactive Technologies
Bill BaueUsing Web 2.0 tools for corporate accountability makes inherent sense, as they share a common thread: Both are rooted in interaction and thrive on engagement. We call this intersection The Accountability Web, the title of the report we wrote last year during a research fellowship for the CSR Initiative at the Harvard Kennedy School. more[...]
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Global Core Labor Standards Are More Important Than Ever
Dr. Thomas Palley, New America FoundationFor much of the last decade, globalization was a leading issue of public policy debate, and global core labor standards (CLS) were the lead demand of critics of globalization. Now, with the world economy stuck in the deepest economic recession since the 1930s, attention to globalization and the need for labor standards has waned as people have become more concerned about jobs and economic recovery. more[...]
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Ethics and Business: Ensuring Credibility
Prof. Andreas Suchanek, Leipzig Graduate School of Management (HHL)"Ethics, in the form of a shared basic understanding of “right” values, such as dignity, freedom, justice, etc., are the foundation of the social market economy. Competition and legal foundations, both of which are essential for a market economy, lose their ability to function when people lose trust, and maintaining trust is always (also) a matter of the responsibility – or more generally: practiced values – of those active in the market economy." more[...]
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Do we need a new economic system?
Dr. Elmer LenzenIn 1933, representatives from 66 countries met in London to find a common solution to that era's global economic crisis. The idea: to have London send a signal for a new global financial system. The conference was a flop. On BBC Radio, economist John Maynard Keynes called it a complete yawn, and went on to say that conferences of this type usually ended in empty platitudes and ambiguous phras es. more[...]
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We’re All Global Commoners Now
James Bernhard QuilliganEconomic analysts often look at the world’s monetary and financial asymmetries without understanding their historical causes. Yet the international community -- including the private sector -- must address the origins of these structural imbalances if there is to be a meaningful adjustment of the economic system. more[...]
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Corporate Responsibility in Times of Crisis
Georg Kell, United Nations Global Compact2008 will be remembered as the year of crises. The breakdown of financial institutions and markets and the subsequent worldwide economic downturn have put the spotlight on issues that the United Nations Global Compact has long advocated as essential responsibilities for modern business and today’s global markets: comprehensive risk management, long-term performance, and ethics. more[...]
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Can Corporate Social Responsibility Lessen the Impact of a Crisis or Lead to a Faster Recovery?
Craig Badings, Cannings Corporate CommunicationsToo often, corporate social responsibility (CSR) is driven by social or government pressure, the fear of possible negative publicity, or the expectations that the financial markets have of listed companies. more[...]
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Under discussion with Lord Michael Hastings
Lord Michael Hastings, KPMG InternationalI think what has changed dramatically since those words were first written are two fundamental realities. One is the media-based interconnectivity in the world. It was so much easier in previous centuries and previous generations to disregard the complexities, the pain, the sufferings, and even the disasters that affect other parts of the world. more[...]
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