Article
Brought to account: the business of honour in the boardroom - Finally, governments are insisting that companies employ a social conscience, writes Justine Nolan
Allegations of fraudulent conduct on the part of James Hardie Industries to shield itself from liability for asbestos compensation claims are simply the latest in a long line of recent corporate scandals here and around the world...Recent international developments in the corporate legal regimes of Britain, France and South Africa are encouraging companies to adopt a broader definition of stakeholders...The United Nations...Norms on the Responsibilities of Transnational Companies and Other Business Enterprises (2003) was released a few months ago and incited a knee-jerk but predictably negative reaction from some business bodies. [refers also to Coca-Cola]