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Articles on Corporate accountability

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Big ideas are more likely to follow when directors look beyond shareholders. Shutterstock

Innovation thrives if investors aren’t companies’ only concern

For firms to survive and thrive, innovation is crucial. Innovative companies can respond to changes in today’s dynamic business environment. Countries and regions that are home to innovative companies…
Corporate bicycles allowed. EPA/Faccundo Arrizabalaga

What corporate jets can tell us about a company’s fortunes

The news that Tesco took delivery of a £31m executive jet, bringing its fleet of such aircraft to five, brought fresh embarrassment to the troubled supermarket. Ordered in early 2013 under the aegis of…
Australia’s employee fraud problem needs a new approach. Shutterstock

Making companies pay for failing to prevent employee fraud

The high cost of organisational fraud in both private and public sectors in Australia continues to haunt organisations, particularly fraud committed by “trusted” employees. Cases prosecuted this month…
Shell companies can still flourish in sunny tax havens. Gronkh

Don’t be misled by Vince Cable’s talk of corporate transparency

Business secretary Vince Cable has announced his intention to create a public register of UK company ownership in a bid to tackle tax evasion and money laundering by shady corporate bodies. But don’t believe…
A bit of ‘territorial support’ from the thin blue line. Carl Court/PA Wire

Violence in Britain: getting away with murder?

Over the past ten years, 519 people have died after contact with the police, either in custody (the great majority) or during a pursuit or another road traffic incident. Some 23 people have been shot by…
But who will audit the auditors? LendingMemo.com

Big auditors must be made accountable to the public

What should we do with producers who routinely deliver faulty goods and services? Producers of cars, food, medicines, aeroplanes and even financial products are forced to compensate injured parties, recall…
If companies won’t see things differently, we need to. frankspandl/Pixel

Trying to cash in on climate change won’t fool nature

We find ourselves in an era of what we might call creative self-destruction. We’re destroying ourselves – it’s as simple as that. Economic growth and exploiting nature’s resources have long gone hand-in-hand…
Three’s a crowd. wwarby

Explainer: what is the triple bottom line?

The triple bottom line is a term coined in the late 1990s by the influential business thinker and consultant, John Elkington. It captures a very neat idea, namely that a modern organisation has three broad…
Hands up for the environment. Cathal McNaughton/PA

Green NGOs cannot take big business cash and save planet

When she wrote recently that “big green groups” are doing more harm than good when it comes to saving the planet, Naomi Klein was was right to be concerned. In recent years the environmental agenda has…
The offshore industry need not be so dangerous if safety is put first. PA

The oil industry has yet to learn lessons of Piper Alpha

The explosions and fire that completely destroyed the North Sea oil rig Piper Alpha and cost 167 workers their lives remains the world’s worst offshore oil disaster. Saturday, July 6, marks 25 years since…
A US Supreme Court decision last week damaged the legal options for holding corporations to account for human rights and environmental abuses. Philosophicalswag

Corporate accountability and gutting the US Alien Tort Statute

The US Supreme Court has handed down a landmark decision that will have drawn sighs of relief from corporate boardrooms in Australia and around the world. Kiobel v. Royal Dutch Petroleum was brought by…

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