The Strategic Implications of Indian Corruption / 3 Ways to Put Your Corporate Purpose into Action / (Malaysia) Desperation will fuel corruption post-MCO
The Strategic Implications of Indian Corruption (opinion). “One of the biggest strategic mysteries of the past few decades is why India hasn’t lived up to its vast economic potential. (…). A series of court cases currently underway in India is starting to decode some of that mystery. What is being alleged is a decades-long complex, sophisticated, high-stakes scheme that led to the multibillion-dollar capture and manipulation of core elements of the Indian economy, masterminded by some of India’s most senior leaders. This is serious.”
Cleo Paskal / The Diplomat: https://thediplomat.com/2020/05/the-strategic-implications-of-indian-corruption/.
3 Ways to Put Your Corporate Purpose into Action. “When leading money managers embrace the need for corporations to be socially responsible and the Business Roundtable (BRT) declares that the purpose of a corporation is “to create value for all stakeholders,” it is safe to say that purpose has gone mainstream in the corporate narrative. A consensus is emerging that society and diversified investors are best served by companies that focus on sustainable value creation and respect the legitimate interests of all stakeholders, not just stockholders. But how can these high ideals be put into practice?”
Robert G. Eccles , Leo E. Strine and Timothy Youmans / Harvard Business Review: https://hbr.org/2020/05/3-ways-to-put-your-corporate-purpose-into-action
(Malaysia) Desperation will fuel corruption post-MCO, warn groups. “Anti-corruption group Transparency International Malaysia foresees an increase in corruption once the movement control order (MCO) is lifted, citing the desperation caused by the economic slowdown in the wake of the Covid-19 crisis.”