Found 5 article(s) for author 'Corporate Accountability'

The Role of the Corporation in Society: An Alternative View and Opportunities for Future Research

The Role of the Corporation in Society: An Alternative View and Opportunities for Future Research. George Serafeim, May 5, 2014, Paper. “A long-standing ideology in business education has been that a corporation is run for the sole interest of its shareholders. I present an alternative view where increasing concentration of economic activity and power in the world’s largest corporations, the Global 1000, has opened the way for managers to consider the interests of a broader set of stakeholders rather than only shareholders. Having documented that this alternative view better fits actual corporate conduct…” Link Verified October 11, 2014

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Corporate and Integrated Reporting: A Functional Perspective

Corporate and Integrated Reporting: A Functional Perspective. Robert Eccles, George Serafeim, May 5, 2014, Paper. “In this paper, we present the two primary functions of corporate reporting (information and transformation) and why currently isolated financial and sustainability reporting are not likely to perform effectively those functions. We describe the concept of integrated reporting and why integrated reporting could be a superior mechanism to perform these functions. Moreover, we discuss, through a series of case studies, what constitutes an effective integrated report…” Link

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Corporate Reporting in the Big Data Era

Corporate Reporting in the Big Data Era. George Serafeim, April 29, 2014, Opinion. “Advancements in information technology can improve corporate communication with shareholders, but not through incessant data dumps. Instead, companies will more likely be poised for continued success if they use digital platforms for long-term oriented engagement and communication in the context of our changing global economy. This is characterized by increased demand for corporate transparency, heightened global competition leading to customer mobility, and resource scarcity that raises the importance of innovation in…” Link Verified October 11, 2014

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Integrated Reporting and Investor Clientele

Integrated Reporting and Investor Clientele. George Serafeim, April 4, 2014, Paper. “In this paper, I examine the relation between Integrated Reporting (IR) and the composition of a firm’s investor base. I hypothesize and find that firms that practice IR have a more long-term oriented investor base with more dedicated and fewer transient investors. This result is more pronounced for firms with high growth opportunities, not controlled by a family, operating in “sin” industries, and exhibiting more stable IR practice over time…” Link Verified October 11, 2014

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The Impact of Corporate Sustainability on Organizational Processes and Performance

The Impact of Corporate Sustainability on Organizational Processes and Performance. George Serafeim, Robert Eccles, 2014, Paper. “We investigate the effect of corporate sustainability on organizational processes and performance. Using a matched sample of 180 U.S. companies, we find that corporations that voluntarily adopted sustainability policies by 1993—termed as High Sustainability companies—exhibit by 2009 distinct organizational processes compared to a matched sample of companies that adopted almost none of these policies…” Link Verified October 11, 2014

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