Employees of Mondelez International (NASDAQ: MDLZ) today protested against the company’s decision to lay off 1,200 workers from its Nabisco…
Quick Take: Walmart Bites the Bullet
One of the United States’ largest employers, Wal-mart Stores Inc. (NYSE: WMT), will start raising wages for its 1.2 million…
Nike’s Commitment Bonus to Kenyan Runners under Scrutiny
TL;DR: Corruption allegations in Kenya’s running federation will hurt short-term branding more than market share. The New York Times reported on…
Gunmakers: Exclude or Engage?
TL;DR: With no end in sight to the gun control debate, institutional investors have an opportunity to make a difference. On…
Quick Take: The Problem with Valeant
On 29 February, Valeant Pharmaceuticals International Inc. (NYSE: VRX) admitted that it was under more regulator investigations: “In response to…
Anthem and Cyber Security
TL;DR: One year after a major cyber attack, we still do not know much about Anthem’s cyber risk mitigation. One…
Culture and Ethical Misconduct: A Tale of Two Banks (Round 3, Last and Final Round)
TL;DR: JPMC has done some things right, but Goldman Sachs is winning the reputational race. Disclaimer: The observations below are…
Culture and Ethical Misconduct: A Tale of Two Banks (Round 2)
I explore culture change by analyzing two reports issued by two large US banks. Goldman Sachs released its Business Standards…
Culture and Ethical Misconduct: Who is to Blame? (Round 1)
TL;DR: Surveillance is not the answer to prevent ethical misconduct. Culture change is. Bloomberg published on 15 February an interesting story on how…
CSR Report Spotlight: A.P. Moller – Maersk Group
A.P. Moller-Maersk Group (CPH: MAERSK-B) released its 2015 Sustainability Report today, and two disclosures immediately popped out: Facilitation payments declined by 34%…