Investors Beginning to Prefer Companies that Pursue Long-Termism

Posted at h in Corporate Social Responsibility, Finance, Governance, Sustainability & Corporate Governance by 0 Comments

0 Likes

Interest in CSR and corporate sustainability among institutional investors has logically been accompanied by a sharper focus on whether and how companies are adopting the long-term perspective necessary for committing resources to projects that will likely have the highest value to the business at some...

Read More

Descriptions of Corporate Sustainability

Posted at h in Corporate Social Responsibility, Governance, Sustainability & Corporate Governance by 0 Comments

0 Likes

While corporate social responsibility, or CSR, is generally associated with ensuring the corporations contribute to sustainable economic development at the macro-level, the concept of corporate sustainability can be seen as primarily concerned with the survival, or sustainability, of the corporation itself, something that is necessary...

Read More

Impact of Convergence on Corporate Regulation

Posted at h in Corporate Social Responsibility, Governance, Sustainability & Corporate Governance by 0 Comments

0 Likes

A previous article discussed the convergence of corporate social responsibility (CSR)  and corporate governance over the last several decades of the 20th Century.  In order to understand the impact of the convergence of CSR and corporate governance on corporate regulation, one must first be familiar...

Read More

Convergence of CSR and Corporate Governance

Posted at h in Corporate Social Responsibility, Governance, Sustainability & Corporate Governance by 0 Comments

0 Likes

The growing importance of, and the relationships between, social and environmental issues and governance practices was emphasized in “Who Cares Wins: Connecting Financial Markets to a Changing World”, a report prepared by the UN Global Compact and released in 2004: “In a more globalized, interconnected and...

Read More

Enterprise Risks and Risk Management

Posted at h in Compliance and Risk Management, Governance by 0 Comments

0 Likes

No business is without some sort of risk and overcoming those risks is the key to achieving an acceptable return on investment of capital, technology and human resources.  Higher levels of risk drive investors to expect greater risk-adjusted returns in exchanging for providing capital to...

Read More

Audit Committees and Sustainability Oversight

Posted at h in Corporate Social Responsibility, Governance by 0 Comments

0 Likes

The audit committee, working in collaboration with the board’s corporate social responsibility committee, should be expected to play an important role in overseeing the company’s sustainability policy, commitments, procedures and reporting.  Some of the specific duties and responsibilities of the committee in this area include: ...

Read More

You Need a Chief Risk Officer for Your Organization

Posted at h in Compliance and Risk Management, Governance by 0 Comments

0 Likes

Lee and Shimpi noted that enterprise risk management (“ERM”) has emerged as an important and essential management practice and a recognized strategic discipline and that organizations have created ERM-specific roles, responsibilities and structures, notably the position of “chief risk officer” (“CRO”) that has taken its...

Read More

Audit Committee Membership? Expect to be Busy

Posted at h in Finance, Governance by 0 Comments

0 Likes

Members of the audit committee must be prepared to spend a substantial amount of time in discharging their duties and obligations in relation to the company.  For example, commentators are advising that audit committees should schedule full-day meetings on no less than a quarterly basis. ...

Read More

Compliance and Risk Management Committee for Your Board

Posted at h in Compliance and Risk Management, Governance by 0 Comments

0 Likes

Compliance with laws and regulations applicable to the company’s business activities and identifying and managing the risks associated with those activities are two of the fundamental duties and obligations of the board of directors.  The emergence of sustainability as a new factor for consideration in...

Read More

Linking Sustainability Performance and Executive Compensation

Posted at h in Corporate Social Responsibility, Governance, Sustainable Leadership by 0 Comments

0 Likes

It is no secret that incentive elements of executive compensation arrangements have long been tied to financial performance and increasing shareholder value as demonstrated by improvements in share prices.  Certainly financial success is important to the long-term viability of the business and provides the CEO...

Read More