Corporate Purpose and Sustainable Value Creation

Corporate Purpose and Sustainable Value Creation

Too many companies fall in a vicious cycle of short-term pressures taking action that destroy long-term value and further increase short-term pressures. Perhaps the best way to resist such short-term pressures and stay on the course to business excellence is a strong corporate purpose that is widely understood and shared by employees of an organization.

Read More

Corporate Purpose: The Role of Law and Culture

Corporate Purpose: The Role of Law and Culture

Many companies are now seeking a way to signal their purpose – their reason for being beyond profit. Yet a key barrier that companies face is the dominant rhetoric of shareholder value maximization, which urges managers to focus on short term profits, often at the expense of society and the environment. We ask if new 'purpose-driven' solutions are a response to corporate law being seen as too restrictive, or a response to certain cultural factors that drive behaviour. Our statistical analysis suggests that law and culture both play an important role. 

Read More

The Role of Senior Leaders in Corporate Sustainability

The Role of Senior Leaders in Corporate Sustainability

What is the role of senior leaders in corporate sustainability? To not only create a clear vision but also communicate it appropriately. It is time for corporate leaders to question traditional practices and start talking about what really is important: how they will ensure long-term shared value creation.

Read More

The Art of Business Strategy. Is Integrated Reporting a continuation of strategy by other means?

The Art of Business Strategy. Is Integrated Reporting a continuation of strategy by other means?

Integrated reporting is about integrated thinking, by which we imply considerations about the short, medium and long term outlook of the company. Integrated thinking is forward thinking that also takes into account the past performance of the company, but unlike corporate reporting (extensively backward-looking financial statements), it emphasises perspectives on strategy and decision-making that are forward-looking

Read More