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.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements