In this era of rampant corporate greed, abuse of power, and dwindling governmental regulations of corporate practices, Steven Lydenberg shows how government can use the marketplace itself to make corporations act more responsibly.
Detailing a comprehensive plan for disclosure, analysis, and debate by corporations, investors, consumers, and government, Lydenberg argues that we can focus corporations on creating real long-term wealth for all instead of plundering natural resources, dumping costs on society, and diverting assets to exorbitant executive payouts and other ethically questionable uses. Most importantly, he describes practical ways of rewarding those companies that succeed in creating long-term wealth for society, and punishing those that fail.
By:
Lydenberg
Imprint: Berrett-Koehler
Country of Publication: United States
Dimensions:
Height: 95mm,
Width: 63mm,
Spine: 8mm
Weight: 1g
ISBN: 9781576752913
ISBN 10: 1576752917
Pages: 192
Publication Date: 14 February 2005
Audience:
General/trade
,
ELT Advanced
Format: Hardback
Publisher's Status: Active
Preface Introduction PART ONE: In Whose Interest? The Markets, Government, and the Public 1 The Current Dilemma 2 What Is Long-Term Wealth? Defining Long-Term Wealth Five Examples of Long-Term WealthCreation Encouraging and Assessing Wealth Creation Relative Roles of Government and the Marketplace 3 Guiding the Corporation The Business Case Values-Driven Models Systems of Measurement and Rewards PART TWO: Transforming the Marketplace 4 The First Step: Data and Disclosure How Disclosure Has Grown Since the 1970s International Standards for Disclosure Nationally Mandated Disclosure Disaggregated Data Voluntary Individualized Company Disclosure 5 The Second Step: Analysis and Debate Processing and Rating the Data Demystiying and Debating the Data 6 The Last Step: Consequences in the Marketplace Targeted Engagement Asset Reallocation Public Discourse 7 Government's Role and the Road Ahead Notes Index About the Author
Steven Lydenberg has spent thirty years in the social investment field. For eleven years, he was Director of Research with KLD Research & Analytics. He is currently Chief Investment Officer for Domini Social Investments LLC. He is the coauthor of Investing for Good- Making Money While Being Socially Responsible and Rating America's Corporate Conscience- A Provocative Guide to the Companies Behind the Products You Buy Every Day, and was co-editor of The Social Investment Almanac- A Comprehensive Guide to Socially Responsible Investing.
Reviews for Corporations and The Public Interest - Guiding The Invisible Hand
Steve Lydenberg is a seasoned pro in the Corporate Social Responsibility information business, and one of the wisest minds out there. There is a lifetime of wisdom in this gem of a book. --Marjorie Kelly, co-founder and editor, Business Ethics magazine, and author of The Divine Right of Capital
