In a new paper from the right wing Institute of Economic Affairs it is cliamed the popular drive toward corporate and social responsibility is flawed because, contrary to public perception, the planet is not heading for environmental meltdown, the number of people living in poverty has fallen and governments still have powers to act despite a belief that massive conglomerates run the world.
Written by David Henderson, a former economist with the Organisation for Economic Cooperation and Development, the paper claims that companies who adopt and social and environmental reporting, and as a result forces partners and suppliers to do likewise, only manages to raise costs and prices.
‘Good corporate citizenship’, according to Henderson, is not cheap and the cost is borne by society itself.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016