In particular, the authors found that the American public is less likely to judge companies negatively when they are involved in certain types of abuses, or when they are more distantly connected to perpetrators, meaning that in certain situations, it may fail to drive companies to adhere to international guidelines. As such, while companies should certainly pay attention to the public, the authors argue that they must not rely on public opinion alone to guide their decision-making.
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. These financial motivations are sometimes implicitly treated as a stand-in for other mechanisms — such as legal requirements — to ensure that businesses respect human rights.is a political scientist and associate professor at the University of Oxford’s Saïd Business School.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: HarvardBiz - 🏆 310. / 63 Read more »