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Business Law, Public Responsibility, and Ethics Commons™

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SelectedWorks

2007

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Articles 1 - 13 of 13

Full-Text Articles in Business Law, Public Responsibility, and Ethics

News And Corporate Governance: What Dow Jones And Reuters Teach Us About Stewardship, Donald Nordberg Aug 2007

News And Corporate Governance: What Dow Jones And Reuters Teach Us About Stewardship, Donald Nordberg

Donald Nordberg

This paper in an early draft of an article that appeared in Journalism: Theory, Practice and Criticism in 2007. The outcomes of near simultaneous bids for the news organizations Reuters Group plc and Dow Jones & Co. Inc. in 2007 hinged on mechanisms of corporate governance put in place at each company to protect the integrity and independence of the editorial operations. Neither company is a particularly model of good governance, since the restrictions – super-voting shares at DJ, veto-power by the trustees of the Founders Share Company at Reuters – almost completely rule out an open market for corporate …

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Exploring The Global Reporting Initiative Guidelines As A Model For Triple Bottom-Line Reporting, Laura Hartman, Mollie Painter-Morland Jul 2007

Exploring The Global Reporting Initiative Guidelines As A Model For Triple Bottom-Line Reporting, Laura Hartman, Mollie Painter-Morland

Laura Hartman

The paper is aimed at analyzing the contribution that the Global Reporting Initiative (GRI) makes to the field of sustainability reporting. It provides an overview of the multitude of initiatives aimed at standardizing corporate social responsibility efforts on a global scale and highlights the ways in which the GRI can be distinguished from other international initiatives. By evaluating GRI’s goals and its claims, the paper provides an overview of the strengths and weaknesses of this critical initiative. It includes a discussion of changes and new strategies that the GRI proposes as part of its recently introduced G3 Guidelines. The authors …

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The Ethics Of Corporate Governance, Donald Nordberg Jul 2007

The Ethics Of Corporate Governance, Donald Nordberg

Donald Nordberg

This paper is an early draft of an article that appeared in the Journal of General Management in 2008. How should corporate directors determine what is the "right" decision? For at least the past 30 years the debate has raged as to whether shareholder value should take precedence over corporate social responsibility when crucial decisions arise. Directors face pressure, not least from "ethical" investors, to do the "good" thing when they seek to make the "right" choice. Corporate governance theory has tended to look to agency theory and the need of boards to curb excessive executive power to guide directors' …

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Rebalancing The Board's Agenda, Donald Nordberg Jun 2007

Rebalancing The Board's Agenda, Donald Nordberg

Donald Nordberg

This paper is a draft of an article published in the Journal of General Management in 2007. Since the corporate governance scandals of 2001 and 2002, the work of boards of directors has been dominated by board processes and compliance, with a corresponding reduction in the emphasis on value creation. This discussion paper proposes a model for board activities and raises questions about how they can be rebalanced to provide greater emphasis on the board's strategic advisory role. It also looks at European governance issues, including the role of dual boards.

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Segundo Congreso Nacional De Organismos Públicos Autónomos, Bruno L. Costantini García May 2007

Segundo Congreso Nacional De Organismos Públicos Autónomos, Bruno L. Costantini García

Bruno L. Costantini García

Memorias del Segundo Congreso Nacional de Organismos Públicos Autónomos. "Autonomía, Profesionalización, Control y Transparencia"

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Gobierno De La Empresa Y Autorregulación: Bases Para La Elaboración De Códigos De Buenas Prácticas En Empresas Chilenas, Alfredo Enrione, Luis Perera Jan 2007

Gobierno De La Empresa Y Autorregulación: Bases Para La Elaboración De Códigos De Buenas Prácticas En Empresas Chilenas, Alfredo Enrione, Luis Perera

Alfredo Enrione

No abstract provided.

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Board Interlocking Strategies In Emerging Markets: The Case Of Chile, Alfredo Enrione, Fernanzdo Zerboni Jan 2007

Board Interlocking Strategies In Emerging Markets: The Case Of Chile, Alfredo Enrione, Fernanzdo Zerboni

Alfredo Enrione

Interlocking directorates is a widely studied, applied measure of governance practice. Most of the research has been limited to data from developed countries and studies interlocking as an explanatory variable of other governance constructs. This work conceptualizes interlocking as a rational decision of the owner/controller of a company, as a dependent variable of board’s design, and applies the concepts in an emerging market business environment. We found significant associations between interlocking and firm characteristics such as ownership structure, industry and regulation. We finally draw some conclusions on the direct application of corporate governance theories in developing countries.

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Unresolved Issues And Further Questions: Meir, Potts, And Hendry, Laura Hartman Jan 2007

Unresolved Issues And Further Questions: Meir, Potts, And Hendry, Laura Hartman

Laura Hartman

No abstract provided.

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The Communication Of Corporate Social Responsibility: United States And European Union Multinational Corporations, Laura Hartman, Robert Rubin, Kathy Dhanda Jan 2007

The Communication Of Corporate Social Responsibility: United States And European Union Multinational Corporations, Laura Hartman, Robert Rubin, Kathy Dhanda

Laura Hartman

This study explores corporate social responsibility (CSR) by conducting a cross-cultural analysis of communication of CSR activities in a total of 16 U.S. and European corporations. Drawing on previous research contrasting two major approaches to CSR initiatives, it was proposed that U.S. companies would tend to communicate about and justify CSR using economic or bottom-line terms and arguments whereas European companies would rely more heavily on language or theories of citizenship, corporate accountability or moral commitment. Results supported this expectation of difference, with some modification. Specifically, results indicated that EU companies do not value sustainability to the exclusion of financial …

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European Perspectives On Business Ethics: A Polyphonic Challenge, David Bevan, Laura Hartman Jan 2007

European Perspectives On Business Ethics: A Polyphonic Challenge, David Bevan, Laura Hartman

Laura Hartman

An analysis of the special issue of this volume introducing a project seeking to present some distinctly European perspectives on business ethics and corporate social responsibility. The discussion contextualizes the original papers, anticipates the responses to these papers that will appear in an issue of BE:ER scheduled to immediately follow publication of this issue of Business & Society Review (de George, 2008; Phillips, 2008; Thompson, 2008). The discussion explores and presents the European perspective on corporate social responsibility, serving as an effective polyphony that is revelatory rather than deterministic and exists in common with another work including this notion in …

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The End Of Foreign Aid As We Know It: The Profitable Alleviation Of Poverty In A Globalized Economy, Scott Kelley, Patricia Werhane, Laura Hartman Jan 2007

The End Of Foreign Aid As We Know It: The Profitable Alleviation Of Poverty In A Globalized Economy, Scott Kelley, Patricia Werhane, Laura Hartman

Laura Hartman

This chapter defends the following thesis: Poverty can be alleviated, if not eradicated, both locally and globally, but only if we change our narratives about global free enterprise and only if we rethink our mindsets regarding how poverty issues are is most effectively addressed. The chapter begins with an overview of the current state of the economic landscape with particular focus on – and criticism of –the failures of strategies employed since the middle of the last century. We then explore how a transfer of roles and responsibilities for global poverty from these traditional development practices to innovative, private, for-profit …

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Beyond The Dichotomous Worlds Hypothesis: Towards A Plurality Of Corporate Governance Logics, Jordan Otten Jan 2007

Beyond The Dichotomous Worlds Hypothesis: Towards A Plurality Of Corporate Governance Logics, Jordan Otten

Jordan Otten

The dichotomous worlds hypothesis holds that corporate governance systems worldwide are either based on the Anglo-American shareholder model or the Eurasian stakeholder model. We suggest a more fine-grained classification, based on five corporate governance logics –socially constructed, historical patterns of material practices, assumptions, values, beliefs, and rules by which all parties involved in economic productive activities structure their material interdependencies and provide meaning to the social reality of corporate life. These logics are discovered through a content analysis of the corporate governance reform codes of 38 countries.

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Theories On Executive Pay: A Literature Overview And Critical Assessment, Jordan Otten Jan 2007

Theories On Executive Pay: A Literature Overview And Critical Assessment, Jordan Otten

Jordan Otten

Executive pay is a major issue in the corporate governance debate. As well in practice as in theory debate still exists how executive pay levels and structures can be explained. This paper provides an overview of 16 theories that have been used in the literature to explain the phenomenon. The theories can be classified into three types of approaches; 1) the value approach; 2) the agency approach; and 3) the symbolic approach. A critical assessment of the theories shows that the dominant use in the literature of the perfect contracting approach of agency theory neglects: 1) the socially determined symbolic …

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