This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...

Organizations that succeed in the Information Age/Age of Internet and Globalization will have to be innovative and adapt quickly to changing market conditions. Approaches that worked in the past no longer work when competition can come from anywhere in the world and any industry. This paper...

I provide a critique of mainstream corporate governance literature based on agency theory as a conceptual solution in order to ensure de facto well governed companies worldwide. This critique is based on an analysis of common causes associated with high profile corporate scandals from the 21st...

We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into 470 loan agreements signed between 2005 and 2012 with borrowers based on 28 different countries across the world and operating in all major industries. Our principal findings...

The paper presents the concept of Fair Trade, which is considered an alternative to conventional trade, and becomes increasingly popular in the Western countries. In addition, some results of empirical research, conveyed in Poland and aimed at diagnosis and assessment of Fairtrade products...

In this research note, I briefly summarize the history of the Global Reporting Initiative (GRI), from its earliest gestation in 1997, to its initial realization in 1999 and 2000, to its current status circa 2009. Included are descriptive analyses of (a) the sustainability topics and indicators...

The current crises in the UK – economic, political, financial and social – have created an opportunity to re-examine the social contract and the functioning of civil society. Many people have commented upon these crises, their causes and consequences and there have been many attempts to...

It is clear that the definition of corporate governance has extended considerably beyond investor relations and encompasses relations with all stakeholders – including the environment. This is essential for the longer term survival of a firm and is therefore a key component of sustainability....

The global economic recession from which we are just emerging, much as previous recessions, has highlighted failures in governance and failures in regulation. Indeed some have argued that the regulators are more guilty even than the perpetrators and should be sanctioned accordingly. There is of...