Corporate and Business Sustainability: World Business Council for Sustainable Development (WBCSD) released new research exploring the state of corporate governance across twelve jurisdictions
The research by the WBCSD explores the board’s role in creating long-term value and pays special attention to how environmental and social risks and opportunities affect the corporate governance process. The Report addresses the common misconception that the duty of directors is to solely maximize shareholder value and how this ideology has led to short-termism. …