In some ways, corporations are like liberal democracies. The shareholders of a company are like the people in whose interest the enterprise is run. The executive is like the government and the key to making it run successfully are the institutions that provide the checks and balances: the judiciary, the army, and bodies like the Federal Reserve Board in America have their counterparts in the … [ Read more ]
Content: Quotation | Author: Amit Varma | Source: European Business Forum (EBF) | Subjects: Accountability, Corporate Governance, Social Responsibility (ESG)
The 2003 PricewaterhouseCoopers Global Shareholder Value Award was held in partnership with EBF and Financial News. The competition, on the topic ‘Is there a conflict between the pursuit of shareholder value and sustainable economic growth?’ attracted submissions from more than 120 academics, consultants, business executives and students from 40 countries. Here are the top three entries.
Editor’s Note: interested in what the judges themselves and … [ Read more ]
Content: Article | Authors: Amit Varma, Robert Phelps, Rupert Evenett | Source: European Business Forum (EBF) | Subjects: Miscellaneous, Strategy