Creating an effective board with the right skills
‘Creating a board with a good balance of skills is one thing; ensuring it operates effectively is quite another challenge. An effective board must have the emotional intelligence to engage well with the business to determine whether the vision is working.’
Does social responsibility improve corporate value?
‘Most studies find a positive correlation between CSR and measures of firm performance, such as profits. However, correlation doesn’t imply causation. It may not be that CSR causes a firm to perform better, but instead that firm performance causes CSR – only firms that are performing well can afford to spend money on its other stakeholders.’