Editor’s note: To analyze the value of so-called corporate social responsibility, Ethical Chic –from which the following is excerpted--takes an in-depth look at six companies known for CSR qualities—deservedly or not: American Apparel, Apple, Starbucks, Timberland, Tom’s of Maine, and Trader Joe’s.
While use of company aircraft is a common perk for many CEOs, a noted governance expert suggests that a formal policy for its use is the best way to protect the company and the CEO from unwanted shareholder lawsuits.
A decade ago, the average tenure of a Fortune 500 CEO was 9.5 years. Today? 3.5 years. Looking at recent stumbles at Best Buy, Yahoo, HP and elsewhere a pattern of sorts emerges that may be instructive for leaders looking to beat the odds.
Did the significant class of CEOs and business owners who won high office in 2010 make the kind of difference they’d declared they would—cutting government deficits, lightening regulatory loads, spurring job creation and generally goosing economies the same way they grew their companies?