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Public Policy Issues Archives - Ideas for Leaders

Enlightened Shareholder Value: Linking CSR and Long-Term Shareholder Value

Photo by Fas Khan on Unsplash

Discussion of corporate social responsibility is typically framed within the either-or debate on the purpose of a corporation pitting those who believe the purpose of a corporation is to increase shareholder value against those who believe the purpose of a corporation must incorporate the interests of all stakeholders. The concept of Enlightened Shareholder Value (ESV) […]

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Behavioural Economics: A Power that Goes Beyond Nudges

In pure economic theory, policy making involves applying economic levers — taxes, regulations and economic incentives — to problems that have economic roots. These problems can take the form of: Externalities — when people are impacted through no fault of their own (e.g. second-hand smoke)  Misaligned incentives — when people are impacted because the interests […]

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Why Buying Green Is Not Considered Ethical if You Are Poor

That low-income purchasers face challenges in the marketplace is no surprise, given that they have less money to spend than other groups. However, low-income buyers face an additional, unexpected challenge: based on their financial circumstances, low-income buyers are judged much more harshly by others for making identical purchases. This is most evident with purchases that […]

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How Social Movements Spark Corporate Social Responsibility Initiatives

What is the role of social movements in inspiring or sparking corporate social responsibility? To answer this question, Panayiotis Georgallis of the University of Michigan’s Erb Institute for Global Sustainable Enterprise builds on the academic research related to social movements and to corporate social responsibility, which are two distinct fields of research. Social movements are […]

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How Successful Megaprojects Are Games of Innovation

Megaprojects are large, technically complex, multi-year, billion-dollar (or more) engineering and financial ventures that somehow overcome challenges, turbulence, risk and resistance to eventually meet the needs for which they are built. To better understand the success factors of megaprojects, it is more useful to think of them as games of innovation, rather than the linear, […]

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The Power of Scenarios to Open New Perspectives

The word ‘scenarios’ has many different meanings in a variety of fields and disciplines. In strategic planning, scenarios refer to a small set of carefully structured and tailored narratives about the future context a company or an industry might inhabit. These narratives are developed through interviews and workshops with a broad range of stakeholders related to the focal […]

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Strategies Companies Are Using to Mitigate and Adapt to Climate Change

Progressive corporate leaders have been at the forefront of many societal changes, and climate change is no different. While different surveys show between 62% and 76% of the general public believes that humans are a factor in global warming, 85% of business leaders agree with the overwhelming consensus of climatologists and scientists on climate change […]

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Inequalities in the Competition for Global Talent

The link between talent and competitiveness and sustainable economic development is now well-established. In all regions of the world, countries are reforming education systems, reducing gender and other inequalities to increase their ‘homegrown’ talent pool, and trying to find ways to attract qualified and entrepreneurial people from abroad. Talent has become the key resource of […]

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