“If you, and the other 181 corporate executives who signed the BRT’s new Statement on the Purpose of a Corporation, plan to live up to the promises you made, I expect that you will endorse and wholeheartedly support the reforms laid out in the Accountable Capitalism Act to meet the principles you endorse. I have attached a copy of the bill.”Wall Street Journal
October 22, 2019
“If you broaden your definition of ‘stakeholder,’ you have that many more groups you need to satisfy, writes Nir Kossovsky.”
Click on Read More (below) for full text (paywall).
Reputation risk is the peril of economic or political loss from choices made by angry disappointed stakeholders.
Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.
What’s your strategy?