Economy & Finance

Business Ethics and the Law

Closing the Gap Between Business Ethics and the Law

The gap between business ethics and the law enables businesses to operate unethically without breaking the law. Don’t cross the street against the light. Ride your bicycle on the right side of the road and always use signals. These are examples of the way we are taught from a young age that laws are meant …

Transforming the corporate landscape

The corporate scandals of the past two decades have had a profound effect on the way companies do business – and on the attitudes of regulators and shareholders. Many important changes have already been made. But, it is essential that global standards on corporate governance converge in the interests of rebuilding investor confidence and ensuring …

A world turning upside down

The asset management business faces a period of fundamental rethinking and restructuring. The continued willingness of individuals to invest for the long term depends on the ability of institutional investors and investment managers to change what they do and the way they do it The past decade has seen significant changes in the asset management …

The demographic shape of things to come

Changing population ratios pose an enormous challenge to pension systems around the world. The world is relentlessly growing older – with good and bad consequences. Immigration may help rich countries prop up their pensions systems short term, but it won’t solve the problem for good Pension system reforms are near the top of the policy …