search query: @indexterm Social responsibility / total: 844
reference: 561 / 844
Author: | Smith, T. |
Title: | Time for Investors to Stand Up and Be Counted |
Journal: | Journal of Corporate Citizenship
2003 : AUTUMN, VOL. 11, p. 28-33 |
Index terms: | SOCIAL RESPONSIBILITY CORPORATE RESPONSIBILITY BUSINESS ETHICS |
Language: | eng |
Abstract: | No reform effort will be complete unless the owners of American corporations-institutional and individual shareholders alike-also commit themselves to exercising the power of the purse to bring about a new era of corporate responsibility. Virtually every day for months, a new, shocking story of impropriety has come to light. The systemic breakdown in ethics and standards of conduct has shaken the very foundation of our financial institutions, damaged our economy, and harmed millions of Americans. Restoring the public's faith in our financial system is critical to our sustained economic prosperity. Our willingness to invest in the future is predicated on the belief that our financial markets operate with integrity, transparency, and fairness-a belief that has been severely tested in the past year. |
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