Research: Public Opinion Is Not Enough to Hold Companies Accountable

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Customers and other stakeholders won’t always push companies to act in accordance with human rights law.

While the court of public opinion can be an effective tool to push companies to avoid involvement with human rights abuses, new research suggests that in certain situations, this mechanism can be insufficient for effectively aligning incentives.

shortcomings of relying on a “business case” to justify doing the right thing, many organizations continue to act as if bottom-line profits — rather than ethical concerns — must drive all business decisions. In particular, some leaders havethat the court of public opinion creates a reputational cost to working with governments or business partners that may have committed human rights abuses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 310. in BUSİNESS

Business Business Latest News, Business Business Headlines