The few companies with robust capacities for leveraging their reputational strategy share a common DNA. Every decision is made through a prism and reflects the concerns of the stakeholders who provide it with its sustenance and success.
The Alien Tort Statute (ATS), all but ignored for almost the first 200 years of its existence, states that federal district courts "shall also have cognizance, ... of all causes where an alien sues for a tort only in violation of the law of nations or a treaty of the United States."
Why don't more companies embrace trust as a tangible, learnable, and measurable asset? Because it requires four things that don't fit the business world's current obsession with instant gratification -- time, effort, diligence and character.
Money's role in influencing elections might only increase in years to come, which is why there has never been a more important time for colleges to demand to know how their nearly half a trillion dollars are being spent.
We use a market response -- a fine -- to address a moral wrong. We focus on the corporation rather than the individuals responsible, acting as if we can permissibly separate the wrong from human agency.
Justice Kagan actually read from the Sosa opinion, reminding us that yesterday's pirate is the modern-day torturer, and our courts should keep the doors open to victims of these kinds of universally condemned human rights abuses
After having the largest environmental judgment in history -- $19 billion -- handed down against them and held up under appeal, Chevron is fooling fewer and fewer people hardly any of the time these days.
We are a nation of corporations, but our press and our conventional politics do not in any systematic way make visible the effect of corporate actions on the country. Let us as citizens make up for that significant omission.
Should corporations have immunity for human rights abuses? Today, the Supreme Court hears arguments in a case that will decide whether corporations will be exempted from a crucial law that allows foreign victims of serious human rights abuses to sue them in US courts for civil damages.
We in the business community are behind you 100% in your efforts to save our economy. But as you go, please be sensitive to the human cost that you may exact from those who can least afford to bear it.