Companies that fail to act on the climate change they cause will be axed from the stock exchange, under radical Labour plans. John McDonnell, the shadow chancellor, pledged his government would ensure firms are “pulling their weight” to tackle the “existential threat” to the planet. And he warned: “For those companies not taking adequate steps…
Tag: international
Multinational Organizations Best Address the Five Biggest Economic Challenges
Kalin Anev Janse, secretary general and a member of the management board of the European Stability Mechanism (the eurozone’s lender of last resort), considers five major challenges and why international organizations offer the best hope for managing them. The Brexit vote and the U.S. presidential election outcome signal dramatic changes in cooperation globally and a…
The Better Corporation by Lucy P. Marcus – Project Syndicate
Around the world, the corporate governance landscape is shifting, as efforts to improve business practices and policies gain support and momentum. The wave of reform has become visible everywhere – from tough new regulations in Japan to sovereign wealth funds like Norway’s Norges Bank Investment Management taking a more active approach to their investments –…
Redefining EM: governance regimes are the key distinction – FT.com
Instead of the existing division between emerging and developed markets, we suggest that investors focus their analysis on the sovereign and governance characteristics of individual countries and markets using a framework based on six types of governance regimes as a starting point. The Ecstrat categorisation of governance regimes is based on the impact of the…