The most recent GoodCorporation debate at the House of Lords contemplated the roles of ethics and compliance in today’s corporations. Our guest speaker began by suggesting that there is a tendency to separate the two into distinct business areas; with ethics leaning towards corporate responsibility, while compliance focuses on legal obligations. Albert Camus once said;…
Archives par année de publication: 2011
Comment on executive pay tends to put the cat amongst the pigeons. Those at the top refer to criticism as sour grapes: the resentment of the unrealistic who simply don’t understand how business works. Those lower down the food chain see high paid executives as greedy and out of touch. All this polarisation does is…
Last week Ed Miliband unveiled Labour’s new policy thrust to reward good companies and penalize bad ones. The idea provoked generally negative business comment, much of it with a ‘hot air’ theme. As a company keen to promote responsible business, we’re inclined to pause before dismissing it as another short-lived Big Idea. The two key…
With economic forecasts bearing an uncanny similarity to our dismal UK weather, business attention, not surprisingly, is being focused on surviving the recession. Budgets are being squeezed, growth is slow and jobs are in the balance. At times like these, businesses tend to focus on the ‘must haves’ rather than the ‘nice to have’ and…
Our high street banks have hit the headlines again. While George Osborne has laid out plans to ring fence the essential operations of our large High Street banks, Panorama has revealed that consumer trust in our banks is still at an all time low. The purpose of ring fencing is to insulate the essential operations…
Now that the Ministry of Justice has published its guidance on the Bribery Act, the new legislation will be coming into force at the beginning of July. GoodCorporation invited business leaders to debate the impact of the new Act at the House of Lords. The debate began with a reminder of the existing legislation of…
The debate about whether or not Vodafone should have allowed the Egyptian government to take over its mobile network because of fears of human rights abuses, shows just how complex these issues have become. The revolution sweeping the Arab world is also prompting a new debate about what companies are doing working in countries with…