Found 2 article(s) for author 'Corporate Policy'

It’s Time to Balance the Power between Workers and Employers

It’s Time to Balance the Power between Workers and Employers. Lawrence Summers, September 3, 2017, Opinion, “The central issue in American politics is the economic security of the middle class and their sense of opportunity for their children. As long as a substantial majority of American adults believe that their children will not live as well as they did, our politics will remain bitter and divisive.Link

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Corporate Purpose and Financial Performance

Corporate Purpose and Financial Performance. George Serafeim, October 11, 2016, Paper, “An organization’s purpose is not a formal announcement, but depends on the employees believing in and acting to promote that purpose. This study provides evidence about whether employee beliefs in a strong corporate purpose are associated with superior or inferior financial performance. It shows that organizations where middle managers and salaried professionals feel a strong sense of purpose and have clarity about their job responsibilities and tasks experience superior future financial performance. There was no association for senior executives, sales, or hourly workers.Link

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