The excerpt below is from a paper of ours which will be published in the Special Issue of the Corporate Governance Journal and presented at the 2011 colloquium of EABIS, the Academy of Business in Society .
We have co-authored the paper with Isaac Mostovicz .
The paper will be published on September 5th and looks at the core values which must underpin CSR programmes if they are to be effective.
On April 20th, 2010 an explosion on the Gulf of Mexico Deepwater Horizon oil rig exposed the United States to an historic ecological disaster.

This episode illustrates the limits of CSR programmes currently undertaken by global businesses. The logical rules and regulations which business and government leaders created did not work to exemplify the broadly shared social values that US society deemed to [...]

People are looking far and wide to identify the causes of the financial crisis. I recently described how a failure of policy design was one of the factors that lead to the financial crisis. Another factor that has been discussed widely is the role of business schools in creating the leaders who ostensibly brought on the crisis. Have these universities not fostered a proper sense of accountability and responsibility, and should they be teaching ethics? [...]

I recently came across this article from Gill Corkindale about how British bank CEOs are failing to take responsibility for the failure of their banks and their banks’ role in bringing on the global financial crisis. When the British CEOs answered the questions of the parliamentary select committee last week, their lack of self-awareness was astounding. Says Corkindale: [...]