India has gone further than any other country in legislating for corporate social responsibility. But the law should be redrafted to enhance precision and stakeholder orientation.
The behavior of Ford South Africa around the fires that have engulfed its 1.6-litre EcoBoost Kugas model is a classic case of how not to handle a corporate crisis.
People who expose wrongdoing – whether it’s cruelty against animals or corporate misconduct – deserve better protection and even financial incentives to do the right thing, as the US has shown.
The captain of the Costa Concordia has been sentenced to 16 years’ jail after the ship ran aground off the coast of Italy two years ago.
EPA/Luca Zennaro
Late last week, an Italian court sentenced the captain of the Costa Concordia cruise liner, Francesco Schettino, to 16 years’ jail after finding him guilty of multiple charges of manslaughter. On January…
Ello has become the fastest-growing social network mainly because of its promise to keep itself free of advertising.
Ello
Ello is enjoying its moment of fame – in part thanks to its use of the latest fad in corporate legal structures. The eight-month-old social network is still in beta, and has nothing like the brand recognition…
A bitter inversion: AbbVie nixed its US$54 billion acquisition of Irish drug maker Shire after the US Treasury eroded the benefits of doing a corporate inversion.
Reuters
Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of…
ASIC Commissioner Greg Tanzer has this week faced the scrutiny of a Senate committee hearing.
AAP/Paul Miller
In 2005, the Federal Court faced the difficult task of arriving at a penalty for Steve Vizard after he was found in breach of his duties as a director of Telstra. In his judgment, Raymond Finkelstein criticised…
Adopting a loser-pays-all rule for criminal trials of wealthy defendants could deter financial crime, a University of Illinois…
Western Governments will be recklessly ignoring their human rights obligations if they continue to support Shell in its US supreme court case.
EPA/George Esiri
We all know corporations do bad things. Big corporates have been publicly named and shamed for their participation in causing harm to people and the planet, and they are not always held to account. As…
Despite Cameron’s half-hearted efforts, democratisation of listed UK corporations is unlikely.
AAP
Executive remuneration is out of control in the United Kingdom. The final report by the High Pay Commission concluded that “there is rarely a link between directors’ incentives and the way a company performs…
Australia’s listed companies face tough insider-trading regulation, but aspects of the law are untested.
Former Gunns chairman John Gay is facing insider trading charges after he allegedly sold more than $3 million worth of the beleaguered timber company’s shares just months before its share price plunged…