Documents corporate governance 487 results

"Worker representation is the first step toward democratizing the economy
Although contemporary Western societies refer to themselves as "democratic," the bulk of the population spend much of their lives in workplaces that have more in common with tyranny. Gigantic corporations such as Amazon, Meta, Exxon, and Walmart are among the richest and most powerful institutions in the world yet accountable to no one but their shareholders. The undemocratic nature of conventional firms generates profound problems across society, hurting more than just the workplace and contributing to environmental destruction and spiraling inequality.
Against this backdrop, Isabelle Ferreras proposes a radical but realistic plan to democratize the private firm. She suggests that all large firms should be bicamerally governed, with a chamber of worker representatives sharing equal governance power with the standard board representing owners. In response to this proposal, twelve leading experts on corporate behavior from multiple disciplines consider its attractiveness, viability, and achievability as a "real utopian" proposal to strengthen democracy in our time."

When people go to work, they cease to be citizens. At their desks they are transformed into employees, subordinate to the hierarchy of the workplace. The degree of their sense of voicelessness may vary from employer to employer, but it is real and growing, inflamed by populist propaganda that ridicules democracy as weak and ineffective amid global capitalism. At the same time, corporations continue untouched and even unremarked as a major source of the problem. Relying on 'economic bicameralism' to consider firms as political entities, this book sheds new light on the institutions of industrial relations that have marked the twentieth century, and argues that it is time to recognize that firms are a peculiar institution that must be properly organized in order to unshackle workers' motivation and creativity, and begin nurturing democracy again."

"The Environmental, Social, and Governance (“ESG”) disclosure movement is expanding both voluntarily, as businesses choose to disclose this information, and mandatorily, as government agencies impose disclosure requirements. As ESG disclosure expands, so do the litigation risks. “Greenwashing” refers to presenting false or misleading environmental or sustainability (i.e., “green”) qualities of products, services, or practices. Businesses may greenwash consumers as well as investors with false and misleading ESG disclosures in advertising, securities filings, or other public statements activating greenwashing litigation from investors and consumers. This Article addresses (1) the laws and regulations that cover consumer and securities greenwashing litigation, (2) how these forms of greenwashing litigation are evolving, and (3) the synergistic relationships that do, and should, exist between these forms of litigation. "

"Policy makers and privatisation experts agree that it is critical to “get privatisation right.” A well-planned and executed transaction, backed by sound rationales, institutional and regulatory arrangements, good governance, and integrity can have consequences on future divestment activity by enhancing investor confidence while gaining the support of stakeholders and the public. Drawing on the internationally agreed OECD Guidelines on Corporate Governance of State-Owned Enterprises and decades' worth of national experience across both OECD and Partner economies, this Policy Maker's Guide to Privatisation provides practical advice to newcomers on key stages of the process from inception to post-privatisation. With global privatisation activity trending upwards and expected to rise, this Guide can support policy makers in their decision making process in the years to come."

"Developing legislation to counter the negative impacts of businesses' transnational activities on human rights and the environment is a recent trend. Supporters of such legislation have campaigned to convince policy‐makers to adopt strong law, but this legitimation process has not been theorised. Using Vaara et al.'s theoretical framework, we uncover the six discursive legitimation strategies used by the proponents of the European Union (EU) Corporate Sustainability Due Diligence Directive (CSDDD) to legitimise its creation. Based on interviews with proponents, we offer two main findings. First, the directive's supporters seek to reverse the narrative that legislation with extraterritorial implications is neo‐colonial by arguing instead that the neoliberal status quo exemplifies neo‐colonial exploitation. Second, non‐governmental organisations (NGOs) can convince businesses of the directive's advantages by using playing down, mimicry and rationalisation as discursive legitimation strategies. These findings have major implications for debates on how to make the CSDDD effective in regulating business operations in the Global South."

"Global value chains (GVCs) connect consumers in the Global North with producers in the Global South. Many of these value chains are coordinated by multinational enterprises (MNEs), which act as lead firms. Weak regulations in sourcing countries and suppliers' negligence of human rights and environmental standards have led MNEs to increasingly govern the sustainability performance of their suppliers. This has largely occurred through the codification of social standards, which have been formulated by global brands or multiple stakeholders and imposed on suppliers, and their compliance has been monitored through regular factory audits. ..."

"Notre manière de penser et de pratiquer le management semble à bout de souffle. Nombreux sont ceux qui rêvent de tout plaquer, se sentant étouffer lentement dans des lieux de travail sans vie. Dans ce livre révolutionnaire, Frédéric Laloux ouvre des perspectives étonnantes. Il montre qu'à chaque fois que l'humanité est entrée dans une nouvelle ère de développement, elle a inventé une façon inédite de penser le management. C'est ce qui semble se passer à l'heure actuelle : visible pour ceux qui cherchent à le voir, un nouveau modèle d'organisation est en train d'émerger, porteur de sens, d'enthousiasme et d'authenticité. II ne s'agit pas d'un modèle théorique ou d'une utopie. Reinventing Organizations se base sur une recherche rigoureuse d'organisations pionnières qui fonctionnent déjà sur des schémas novateurs. Si vous êtes dirigeant ou créateur d'entreprise, manager, coach ou consultant, vous trouverez ici de nombreux conseils pratiques, exemples et histoires inspirantes pour imaginer, concrètement, l'étape suivante de votre entreprise."