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OECD Seeks Public Input for Updates to Its Guidelines for Multinational Enterprises
January 31, 2023
The OECD has launched a public consultation process to gather comments from stakeholders regarding potential changes to its Guidelines for Multinational Enterprises which serves as a reference for companies on how they can ensure responsible conduct.
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Peirce and Gramm: SEC Veering from Its Mission
January 25, 2023
Phil Gramm and Hester Peirce argue in the Wall Street Journal that the Security and Exchange Commission is attempting to supercede the market as it seeks to induce private companies to take steps to achieve social goals rather than serve it’s main purpose of combating fraud or encouraging market integrity.
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PwC: The CEO’s ESG dilemma
January 25, 2023
A recent PwC survey highlights the predicament facing CEO’s as a large majority of global investors placed ESG-related outcomes among their top five priorities for business to deliver but 81% would accept only a 1 percentage point or smaller reduction in returns to advance ESG objectives.
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Gramm and Peirce: SEC's Attempt to Supplant the Market
January 20, 2023
Phil Gramm and Hester Peirce argue in the Wall Street Journal that the Security and Exchange Commission (SEC) is attempting to supplant the market as it seeks to induce private companies to take steps to achieve social goals rather than serve it’s main purpose of combating fraud or encouraging market integrity.
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Video: Financial Times Explains Stakeholder Capitalism Roots at Davos
January 19, 2023
FT Moral Money editor Simon Mundy explains in a video stakeholder capitalism, its main role at the World Economic Forum meeting this past week in Davos, Switzerland, and the controversy surrounding this economic philosophy.