The Magazine of Corporate Responsibility

Archive for January, 2010

Community Involvement Programs: Continuing Despite the Economy

Despite the economic crisis, businesses have maintained community involvement efforts as part of their corporate citizenship programs, according to the results of a new survey of more than 300 North American companies.

Opinion:10 Questions on Risk Management for the New Decade

For the last ten years, risk governance and risk management have been on the ascendancy. Early in the decade, Enron and its ilk helped to propel a sense of urgency and crisis. But the recent financial crisis, compounded by snowballing sustainability issues such as climate change and product toxicity, made it clear that risk management is a work in progress. Far more must be done to turn the patchwork of risk management approaches into viable public policy and corporate governance solutions.

Financial Crisis: Can the Fed Be “Smarter and Better” Next Time?

Even as the headlines report that the U.S. economy is improving, the drumbeat of recriminations stemming from last year’s financial crisis grows louder. Rightly so.

TIAA-CREF Sells Sudan Oil Investments; Cites Genocide

The $402 billion pension fund giant became the first large U.S. asset manager to sell its investments in companies that continue to do business with the government of Sudan.

Figuring Executive Compensation: Obama Finds It Isn’t Easy

For all of President Obama’s recent criticism of “fat cats” on Wall Street, his administration and the Congress have thus far proven unable to even begin addressing the issue in any fundamental way. New evidence of that can be found in the current The New York Times Magazine cover story, which focuses on the work of Kenneth Feinberg, the “pay czar” for companies receiving bailouts under the federal government’s TARP program.