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Issue #12 |  July 2022 | Responsible Capitalism
The ECGI Blog continues to explore the theme of 'Responsible Capitalism', with a special focus this week on corporate purpose.  Our contributors are Colin Mayer (University of Oxford), Paul Davies (University of Oxford) and Jordi Canals (IESE Business School).

If you missed Issue #11 you can still read it here.
IN FOCUS
Corporate purpose: A concept in search of clarification, data and evidence
Colin Mayer

How precisely purpose should be defined, determined, implemented, measured, and rewarded and how it relates to the ownership, governance and financing of firms are still questions that, nearly thirty years after Bartlett and Ghoshal wrote about it, remain to be adequately researched and resolved. 

Read more...
The role of corporate law in corporate purpose: the British Academy Report
Paul Davies

The BA Team may not like the purposes boards currently choose, but the law neither mandates that choice nor prevents the board from making a different set of choices.
 
Read more...
There’s more to corporate purpose
than ESG
Jordi Canals

Purpose becomes relevant when it is not only authentic, but also connected with a corporate strategy that generates a sustainable competitive advantage.
 
Read more...
IN RESPONSE
CARE TO RESPOND?
The ECGI Blog aims to ignite conversation and debate and we actively encourage responses to articles featured. These responses may be in essay-style format or as a simple 'Letter to the Editors' (max. 800 words) and the editors will select responses for publication. 
IN TOUCH
For more information on the Blog, submission criteria and style guide, click here
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Click here to forward this mail to interested colleagues and friends who are keen to stay in the know. 
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