N. Craig Smith, INSEAD Chaired Professor of Ethics and Social Responsibility

Sometimes business goals and community ideals just don’t fit. How far should you go to be sustainable and meet your company‘s corporate social responsibilities?

As globalisation brings vulnerabilities from unknown directions, boards are faced with new risk management responsibilities. Are they up to it?

  • Private equity fund investors have the ownership leverage to turn around companies via social and governance reform.

  • In the wake of the global financial crisis government stakeholders have shown they are more than capable of running profitable businesses. The key to success is strong governance.

  • As private shareholdings grow, is it time to consider a separate “shareholders” or “owners” board to give corporate boards and directors the space and the framing to do their jobs effectively?