Stakeholder Capitalism

OECD Report Criticizes Inadequate Taxation Levels on Polluting Energy Sources

September 25, 2019

Seeking to justify taxes on pollution-emitting energy sources, a new report from the Organization for Economic Cooperation and Development ("OECD") concludes that taxes on polluting fuels are too low to encourage a shift to low-carbon alternatives.
Cooper: Expansion of Business Purpose Reflects Move Toward "Stakeholder Capitalism"

September 16, 2019

In light of recent steps two global business groups have taken to expand the acknowledged purpose of businesses beyond increasing shareholder value, Kate Cooper describes “stakeholder capitalism” as "a recognition that every link in the chain that creates and provides goods or services, whether individual or collective, must be appropriately and fairly rewarded."
Schneider: China's Dominance Over 5G Has Profound National Security Implications

September 06, 2019

In a new paper, Hudson Institute's William Schneider, Jr., explains how China's dominance over the 5G communications system will produce national security-sensitive intelligence relating to the large and growing faction of the world's day-to-day life of individuals, objects, and institutions that will be stored with an electronic footprint.
Nevins: CEOs Should Assume Responsibility for Responsible Business Practices

August 29, 2019

In light of the Business Roundtable's new definition of the purpose of a company, Mark Nevins warns against a move toward the politics and policies of "collective capitalism," instead calling upon CEOs "to ensure that profitability is achieved in a good, responsible, accountable, and ethical manner and with the best possible outcomes for all stakeholders."
Mars, Incorporated Sweetens OECD-led G7 Business for Inclusive Growth Coalition

August 28, 2019

Mars, Incorporated has joined the G-7 Business for Inclusive Growth (“G7 B4IG”) an OECD-coordinated business coalition seeking to tackle inequality by building on synergies among companies, governments and philanthropic organizations.
Experts Urge Adoption of Global Tax Framework

August 26, 2019

To complement the work of tax policy experts seeking agreement to a minimum level of corporation tax to be overseen by the OECD, other experts have created a framework for identifying and evaluating the inequalities generated by hyper-competitive national tax policies.
OECD Considers Tax Apportionment Reform

August 20, 2019

The Tax Justice Institute is expressing progressive support for a shift to a global unitary corporate tax system, with apportionment of taxes being based on the location of a company’s employment and sales.
Business Roundtable Redefines Purpose of a Corporation

August 20, 2019

Abandoning the long-standing principle of shareholder primacy, the Business Roundtable has released a new Statement on the Purpose of a Corporation, signed by 181 CEOs "who commit to lead their companies for the benefit of all stakeholders."
Australia Appoints Examiner of Overseas Corporate Rights Abuses

August 07, 2019

The nongovernmental organization Human Rights Law Centre is applauding the move by the Australian government to appoint an “independent examiner” to monitor alleged overseas human rights abuses committed by Australian companies as part of the country’s reform of its OECD National Contact Point.
Academics Find State Duty to Regulate Labor in Supply Chains

August 07, 2019

A group of professors from Australian universities has published research on mandatory corporate forced-labor reporting schemes recently passed by such countries as Australia and the UK concluding that public authorities “cannot entirely outsource” their duties to regulate human rights in global supply chains.