Business Impacts

  • Survey Results Reveal Global Concern over "Big Tech" Collection and Use of Personal Data

    December 10, 2019

    According to a recent survey of 10,000 people in nine countries conducted by YouGov on behalf of Amnesty International, seven in ten people (73%) want governments to do more to regulate Big Tech, with a clear majority (71%) worried about how tech companies collect and use their personal data.

  • Brown University Committee Supports Divestment Action

    December 04, 2019

    Brown University's Advisory Committee on Corporate Responsibility in Investment Policies (ACCRIP) has voted to have the University withdraw support for companies that are "facilitating the [Israeli] occupation and its human rights abuses in the West Bank and Gaza," an action supported in an earlier referendum by 70% of students and 100 faculty members.

  • Council of Europe Expert Committee Examines Human Rights Impacts of Algorithmic Systems

    November 20, 2019

    The Council of Europe expert committee on human rights dimensions of automated data processing and different forms of artificial intelligence has finalized recommendations on the human rights impacts of algorithmic systems.

  • International Trade Union General Secretary Seeks Treaty Restraints on Corporations

    October 30, 2019

    In a Social Europe op-ed, Sharan Burrow, General Secretary of the International Trade Union Confederation, a legally-binding global instrument on business and human rights would help remedy "the power and greed of huge corporations [that] have captured governments" and "are acting against the rights and interests of their own workers."

  • China Export of Surveillance Technology Could Yield Data Benefits for Communist Party

    October 08, 2019

    According to some experts, China's push to export its surveillance technology via some of its biggest companies, including to liberal democracies, has raised concerns because of the risk of data being siphoned back to Beijing and the growing influence of the Communist Party.

  • OECD/UNDP Initiative Leading to Increased Tax Collections

    September 26, 2019

    According to the new Annual Report of Tax Inspectors Without Borders ("TIWB"), a joint OECD/UNDP program, the international community has made important progress in improving developing countries’ ability to tax multinational enterprises and boost domestic revenue, with the TIWB initiative generating nearly $500 million in additional revenue for developing countries through April 2019.

  • UK NGO Claims Brexit Will Aggravate Human Slavery and Trafficking

    September 25, 2019

    Citing a report by the Social Market Foundation, Harry Sanders of the Immigration Advice Service claims that Brexit will increase the number of cases of modern slavery and trafficking, as "legal migration routes close and UK businesses suffer from vast workforce shortages in the face of diluted access to talent pools."

  • Cooper: Expansion of Business Purpose Reflects Move Toward "Stakeholder Capitalism"

    September 16, 2019

    In light of recent steps two global business groups have taken to expand the acknowledged purpose of businesses beyond increasing shareholder value, Kate Cooper describes “stakeholder capitalism” as "a recognition that every link in the chain that creates and provides goods or services, whether individual or collective, must be appropriately and fairly rewarded."

  • Schneider: China's Dominance Over 5G Has Profound National Security Implications

    September 06, 2019

    In a new paper, Hudson Institute's, William Schneider, Jr., explains how China's dominance over the 5G communications system will produce national security-sensitive intelligence relating to the large and growing faction of the world's day-to-day life of individuals, objects, and institutions that will be stored with an electronic footprint.

  • Economist Encourages Multilateral Solution to Taxation of Digital Services

    September 04, 2019

    In a commentary on the shortcomings of France's Digital Services Tax ("DST") on large tech companies, economist Joyce Beebe urges the Organization for Economic Cooperation and Development ("OECD") to "generate a solution that is less distortionary and prevents the unilateral measures from expanding."

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