hide message

Welcome to the Resource Centre

We make it our mission to work with advocates in civil society, business and government to address inequalities of power, seek remedy for abuse, and ensure protection of people and planet.

Both companies and impacted communities thank us for the resources and support we provide.

This is only possible because of your support. Please make a donation today.

Thank you,
Phil Bloomer, Executive Director

Donate now hide message

Rethinking Corporate Governance

 Rethinking Corporate Governance

18/12/19 - The recent US Business Roundtable commitment to "all stakeholders" changed a long-held focus of corporate purpose being solely to generate profits for investors. This appears to align with investors’ growing recognition of the importance of Environmental, Social and Governance (ESG) criteria in making decisions about how to allocate financial investment. But is existing corporate governance fit for this purpose? Is acknowledging the limits of the narrow pursuit of profits enough to address the harms caused by corporations on society and the environment? Or without fundamental governance reform, is it merely 'purpose-washing'? 

This blog series from Open Society Fellows critiques today's governance models, and offers alternative ideas about the nature and role of shareholders for a new definition of corporate purpose.

Blogs:

US pharma companies need price regulation amid focus on stock prices and executive pay

Society should expect affordable medicines. The pharma sector needs to change

 

William Lazonick, Open Society Fellow

How to eradicate human rights abuses? Change the corporate model

The current form of corporate governance and ownership has to change

 

Amelia Evans, Economic Inequality Fellow, Open Society Foundations and Executive Director, MSI Integrity

 

Bama Athreya

Can workers make better decisions than CEOs?

Bama Athreya on the crucial role of workers in a new definition of 'corporate purpose'

 

Bama Athreya, Economic Inequality Fellow, Open Society Foundations

 

In America’s boardrooms, the shareholder morphs from protector to threat

Open Society Fellow Paul Rissman explains why moves away from shareholder primacy aren't necessarily what they seem

 

Paul Rissman, Open Society Fellow and cofounder of Rights Co-Lab