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Corporate boards could create a "Statement of Purpose"

By Hicbd
Thu Feb 11 2021 12:46 pm

"The board of directors is the body with the ultimate authority for representing the interests of the corporation. It is responsible for taking a long-term intergenerational perspective that transcends CEO tenures and business cycles. Thus, it is the board’s responsibility to articulate the purpose of the corporation."

URL:
https://www.forbes.com/sites/bobeccles/2019/08/23/the-statement-of-purpose-and-what-you-need-to-do/?sh=5e20b99f2393
https://www.sbs.ox.ac.uk/oxford-answers/moving-beyond-shareholders-come-first-thinking-why-boards-should-have-statement
https://www.forbes.com/sites/bobeccles/2020/08/20/putting-purpose-into-practice-the-enacting-purpose-initiative/?sh=37707a07321e

URL Credit

Categories:
Corporate Governance Corporate and Nonprofit Boards / Ownership / Management / Governance Environmental, Social, and Corporate Governance (ESG) ESG / Socially Responsible Investing

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