“Why should the citizens of this world keep companies around whose sole purpose is the enrichment of a few people?” Paul Polman, the highly successful and far-sighted departing CEO of Unilever. “Society demands that companies “serve a social purpose” Larry Fink, CEO BlackRock, world largest asset manager “In the eyes […]
The latest survey by the Banking Standards Board (BSB) is “Like a dipstick down into the workings of the firm,” according to the chair of the BSB. This particular measuring device covers some 30,000 bank employees and building societies, but excludes certain US banks and UBS. The readings from this measuring tool […]
VW was bad enough. Now, value destroying behaviour at Boots the chemist hits the headlines. It’s accused of “ripping off the NHS” and putting pressure on staff to collude with this. The questions this accusation raises apply to any other company that wants to be around in the longer term: Transparency: What […]
Summer’s seldom prime time to offer thought leadership. Even worthwhile thinking may be given insufficient attention. This could be the summer fate destined for a challenging new paper called Virtuous Banking from the independent think tank ResPublica. That would be a pity as Virtuous Banking takes an insightful look at the […]
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