Found 2 article(s) for author 'John Ruggie'

Corporate Identity in Play: The Role of ESG Investing

Corporate Identity in Play: The Role of ESG Investing. John Ruggie, 2019, Book Chapter, “On August 19, 2019, the U.S. Business Roundtable (BR), comprising the CEOs of more than 200 of America’s largest corporations, issued a new mission statement on “the purpose of a corporation” (BR, 2019a). The press release noted that each periodic update on principles of corporate governance since 1997 had endorsed the principle of maximizing shareholder value.
In contrast, the new statement commits signatory CEOs “to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders” (BR, 2019b). “[Milton] Friedman must be turning in his grave,” a Fortune magazine article declared (Murray, 2019). “” Link

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Corporate Social Responsibility and the Global Compact

Corporate Social Responsibility and the Global Compact. John Ruggie, 2017, Book Chapter, “Under the leadership of Secretary-General Kofi Annan, the United Nations has played an active role in promoting corporate social responsibility as one means to respond to the challenges of globalisation.’You do not need to wait for governments to pass…Link

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