It has become dramatically clear that the foundation of corporate integrity is personal integrity.
The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.
Thoughtfully assessing and addressing enterprise risk and placing a high value on corporate transparency can protect the one thing we cannot afford to lose: trust.
Fixing culture is the most critical − and the most difficult − part of a corporate transformation… In the end, management doesn’t change culture. Management invites the workforce itself to change the culture.
Membership is the church's corporate endorsement of a person's salvation.
You cannot find excellent corporate worship until you stop trying to find excellent corporate worship and pursue God himself.
It (the Chinese move to embrace capitalism in 1989) is a mirror of the corporatist state first pioneered in Chile under Pinochet: a revolving door between corporate and political elites who combine their power to eliminate workers as an organized political force. The creation of today's market society was not the result of a sequence of spontaneous events but rather of state interference and violence.
Inverted totalitarianism, unlike classical totalitarianism, does not revolve around a demagogue or charismatic leader. It finds expression in the anonymity of the Corporate State. It purports to cherish democracy, patriotism, and the Constitution while manipulating internal levers.
It is one of the great ironies of corporate control that the corporate state needs the abilities of intellectuals to maintain power, yet outside of this role it refuses to permit intellectuals to think or function independently.
Yet, most every corporate effort to graft this truly innovative practices into their culture has failed because, again and again, people reduce the living practice of AAR's to a sterile technique.
Dance in this century has remained primarily a personal ritual operating, like most avant-garde art, as an idiosyncratic form rather than a tribal expression of religious powers or a corporate expression of societal values.
If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.
In the classic old business cycle, there would be a diminution in sales; it would take a little while for this information to reach corporate headquarters. And there would be an inventory pileup. And then - bam - businesses would react, sometimes violently, by cutting production.
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
What makes stocks valuable in the long run isn't the market. It's the profitability of the shares in the companies you own. As corporate profits increase, corporations become more valuable and sooner or later, their shares will sell for a higher price.
I want to be clear. No company is too big to be prosecuted. We have zero tolerance for corporate fraud, but we also recognize the importance of avoiding collateral consequences whenever possible.
And sometimes I actually start to think human life is just as cheap to corporate America as animal life, so long as there are big profits to be made.
Corporate Social Responsibility is a hard-edged business decision. Not because it is a nice thing to do or because people are forcing us to do it because it is good for our business
Corporate nationalism to me is a little bit like what would have happened if Hitler had won. It's scary stuff. It's totalitarianism in a different from, under a different flavour.
There is power in corporate fasting and power in corporate praise.
Just get out of the way. Just GO. Forget the corporate rules where you have to sit and meet. Forget that. What's the goal? OK. How you going to get there? Now let's charge! GO!
The challenge will be to get the big corporate customers giving them their business, but it might be difficult in reality.
The much-maligned idle rich have received a bad rap: They have maintained their wealth while many There is scarcely an instance of a man who has made a fortune by speculation and kept it. Andrew Carnegie of the energetic rich, aggressive real estate operators, corporate acquirers, oil drillers, etc. have their fortunes disappear.
American foreign policy is not understood by the vast majority of American people. And that this is due to a media that in this country is suppressed by Washington and by the owners of this media, who often tend to be corporate entities close to the [White House] and very often are arms manufacturers with a vested interest in chaos [in] the Middle East. And as a result Americans do not actually get both sides of the story.
Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.
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