CAN A CORRUPTION SCANDAL EXPOSE WHAT HAS GONE WRONG WITH ‘CSR CODES’?
Due to a scandal, shall the nature of CSR Code reporting change in order to recover legitimacy? An effective response from companies to confront the situation requires new compliance procedures and rules, revised incentives, and the overhaul of deviant norms and immediate removal of guilty parties. Besides, instead of highlighting what they will do in 2025 on their CSR Codes, companies, like in the movie Back to the Future, should focus on what is happening today or what has happened in the near past with the company and what the immediate response is to the current issue...
Read the full article at: Council on Business & Society
