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  • February 6, 2019
    Wells Fargo
    Tim Goodman
    Wells Fargo & Company announced regulatory and legal settlements in 2016 relating to its retail banking sales practices, which harmed customers.
  • June 11, 2018
    Samsung Electronics
    Sachi Suzuki
    Samsung Electronics manufactures a wide range of consumer and industrial electronic equipment and products, such as semiconductors, personal computers, peripherals, monitors, televisions, as well as home appliances, including air conditioners and microwave ovens. The company also produces internet access network systems and telecommunications equipment, including mobile phones.
  • March 15, 2018
    The employees’ voice in the boardroom
    Hans-Christoph Hirt
    Against the backdrop of rising populism and low levels of trust in UK businesses, the Financial Reporting Council (FRC) has been considering how to bring the voice of employees into the boardroom as part of its ongoing efforts to revise the country’s Corporate Governance Code. This follows on from the UK government’s work on the same topic as part of its corporate governance reform green paper in 2017. Unlike regulation in other European countries, UK law does not mandate board level employee representation. However, section 172 of the 2006 Companies Act requires directors to take into account the interests of employees and other stakeholders.
  • March 5, 2018
    South Africa and the ESG paradox
    The eyes of the world have been on South Africa again, after the somewhat enforced resignation of former president Jacob Zuma and the swearing in of Cyril Ramaphosa as his successor. Corruption. While it is early days for him as a new president and the criticism of the African National Congress, the anti-apartheid party that has ruled since the election of Nelson Mandela in 1994, continues, some are hopeful that he can turn things around in a country embroiled in widespread bribery and corruption.
  • February 26, 2018
    Quality issues in Japan?
    Frédéric Bach
    Japanese companies, sometimes collectively known as Japan Inc, have made negative headlines of late. While some may argue there is no such thing as bad publicity, the scandals shine a rather embarrassing light on what seems to be routine practice. Several industrial companies, such as Kobe Steel, have been accused of falsifying test results on their products. Before that, car manufacturers such as Toyota and Honda have had to recall millions of their vehicles. And in a case that is still pending a favourable outcome, industrial giant Toshiba came close to bankruptcy following a string of events that included misreported earnings and the failure of its US nuclear power branch.
  • January 23, 2018
    Blockchain for good? Improving supply chain transparency and human rights management
    Following the launch of bitcoin futures on 10 December 2017, it is a good time to look at the technology that has enabled their ascent and application in many sectors – blockchain. Bitcoins originate from Satoshi Nakamoto’s 2008 paper called Bitcoin: A Peer-to-Peer Electronic Cash System. The standardised, decentralised blockchain registration process serves as an ongoing cryptographic proof-of-work, providing transparency of the value chain.