Our experts respond to the Business Roundtable's revised statement of the purpose of a corporation.
INSEAD Corporate Governance Centre
The INSEAD Corporate Governance Centre, launched in 2010, undertakes cutting-edge research and teaching tailored to the needs of boards.
In a rapidly changing business environment disrupted by increased regulatory reforms, digitalisation, societal demands, capital markets and geopolitical shifts, much of the pressure and scrutiny is putting boards under the spotlight. The INSEAD Corporate Governance Centre (ICGC) has been actively engaged in making a distinctive contribution to the knowledge and practice of corporate governance. Our vision is to be the leading centre for research, innovation and impact in the area of corporate governance globally. Through our educational portfolio and advocacy in fostering sustainable high-performance governance practices, the ICGC hopes to build greater trust within the public and stakeholder communities, so that businesses today are a strong force for improvement, not only of economic markets but also for the global societal environment.
The ICGC combines INSEAD’s institutional visibility and exceptional faculty in developing thought leadership and a global educational platform in the area of corporate governance. The centre’s mission is to develop world-class teaching content, promote latest research using innovative scholarly materials and enrich public discourse on corporate governance through forums, conferences, peer-to-peer exchange and expert-to-practitioner dialogue.
Our activities harness INSEAD’s expertise in multiple disciplines across areas such as strategy, risk-management, decision making, finance, economics, family governance and corporate social responsibility for in-depth insights and sustainable responses to the challenges facing directors in today’s increasingly complex and volatile environment. The ICGC brings an unmatched international viewpoint to its activities thanks to INSEAD’s position as The Business School for the World, with its footprint across the Europe, Asia, and Middle East campuses.
Find out more about the INSEAD Corporate Governance Centre (ICGC)
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The Business Roundtable’s statement confuses rather than clarifies.
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US CEOs have unveiled a bigger tent that puts shareholders on a par with customers, workers, suppliers and communities.
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Leaders always need to keep hubris in check.
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For non-profits, a large cash position could signal prudence or betray a lack of investing sophistication.
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When it comes to "walking the talk" of sustainability, the type of board directors matters.
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Multinationals have two options for dealing with rapidly rising tensions between China and the United States.
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Boards need to look past the low-hanging fruit and start making tough decisions.
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Corporations will have to re-evaluate their values and norms to maintain their longevity and success in the new world order.
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