Reincorporate Apple with a deeper purpose. That’s what we’re asking for in shareholder proposal #5. We suggest some possibilities. Apple could seek to benefit employees and customers, society, and/or the environment. The Board would propose those deeper purposes and shareholders would then vote on them… if our shareholder proposal passes. (click below if you would rather […]
Redesigning Corporations: Incentives Matter (link) by Nicholas Benes is undoubtedly one of the most important corporate governance articles of 2020. Benes goes straight to the heart of irresponsible capitalism by addressing the unintended consequences of limited liability. A small tax on each trade of each company, refundable in 5 years if the company doesn’t declare bankruptcy, […]
Rebecca Henderson, Reimagining Capitalism in a World on Fire points to the real need for reform and offers several suggested improvements, primarily the need to focus on purpose. (link to Amazon) I review her book below and offer my own four cents of advice. Today (6/24/2020) Rethinking Capitalism: A fireside conversation with Rebecca Henderson and Ioannis Ioannou […]
In this guest post, first published by Business and Leadership on July 28, Niamh Brennan of the University College Dublin (UCD) explains what the term corporate governance means. I’ve added a few links to her original. We have a host of other definitions for corporate governance in our Library but I like Professor Brennan’s reference to […]