*** Download the article as a PDF *** Introduction To be socially responsible, organizations must deliver value for investors and society, and this is particularly relevant taking into consideration that since 1992 humanity has failed to solve environmental challenges, and alarmingly, most of them are getting far worse. The problem is that unexpected side effects … Continue reading How to Enhance Social Responsibility with Seemingly Irresponsible Behavior
Download the article as a PDF Introduction In the midst of the COVID-19 pandemic, fraudsters and scammers have taken the maxim “never waste a good crisis” to heart. With anxiety and uncertainty rampant, consumers are highly vulnerable to fraud and deceptive economic practices. A report in the Wall Street Journal noted that the U.S. Federal … Continue reading Fighting fraud during the COVID-19 pandemic: A CSR-based approach
Introduction Recent legal developments in European countries challenge the principle of separate legal personality by extending liability to parent companies for harm caused by the operation of foreign countries. This post focuses on some cases brought before the Netherlands and English courts. These cases involve Nigerian residents and farmers seeking compensation from both Dutch and … Continue reading Towards a socially responsible approach to the duty of care? A comparative approach to the Shell cases in UK and Netherlands
In recent times, it has emerged that corporations are increasingly using ordinary legal instruments to hush human rights and environmental defenders. Such a phenomenon, which is known as "Strategic Lawsuit Against Public Participation (SLAPP)," is based on the extreme asymmetry in the balance of forces between corporations and activists. The misuse of legal actions to … Continue reading The Ontario anti-SLAPP legislation and the right to free and open expression on matters of public interest
* The editorial board would like to give a special thank you to Takata's whistle-blower - Mark Lillie - for checking for inaccuracies in this post * Takata Kabushiki Gaisha (Takata Corp) was a company established in 1933 by the Takada family which manufactured automotive parts such as seatbelts, airbag systems, child restraint systems, and … Continue reading Death from the inside: An analysis of the murderous business strategy of Takata corporation
Introduction While several types of economic crimes exist, this article will focus only on money laundering, fraud, and corruption. The general framework of the study that has inspired this post was based on a comparison between the traditional methods of financial crime detection and the "new" ones that entail the use of artificial intelligence. Specifically, … Continue reading Is Artificial Intelligence the future of Anti-Financial Crime?
A renewed impetus in the gender debate – propelled by Fourth-Wave Feminism and most notably by the #metoo movement – is leading us to re-evaluate accepted practices of the past and rectify problematic practices that have spilled over into the present (see also the previous article on #metoo and Corporate Investment). But what about the … Continue reading Artificial Intelligence, Gender Bias, and the Responsibility of Tech Companies
Dr. Rod Wallace contributes to today’s guest post. He is a Fulbright Fellow, economist, consultant, and speaker who helps businesses make more money by solving society’s problems. Corporate Social Responsibility (CSR) can be more than society crying for help. It can also represent a fundamentally new approach to creating profit that will enhance investor return … Continue reading Guest Post: Desire for a Return to “Original Social Responsibility”