BlackRock: Linking Purpose to Profit

The case revolves around actions taken by Barbara Novick, Blackrock Co-Founder and Vice President, and Michelle Edkins, Global Chief Investment Officer, in response to controversial letters from Laurence (Larry) Fink CEO, President and CEO from BlackRock, I would have to take. Fink’s letters focused on the importance of corporate purpose and investment when considering environmental, …

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The Toshiba Accounting Scandal: How Corporate Governance Failed

In 2015, Toshiba, a conglomerate known worldwide for its electronics, announced to the world that it had inflated its profits by 151.8 billion yen ($ 1.2 billion) over a seven-year period. The behavior of Toshiba management and employees left a mark on Japan that altered corporate culture and governance practices. This case provides a comprehensive …

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Banco Espírito Santo

The case of Banco Espárico Santo (BES) deals with issues of banking strategy, security and soundness, the role of conglomerates and issues related to family control. The setting is Europe after the financial crisis of 200709 and its efforts to create a unified banking market. Illustrates the lack of transparency of the conglomerates in which …

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LaborVoices: Bringing Transparency to the Global Supply Chain

Social entrepreneur Kohl Gill founded LaborVoices in 2010 with the goal of using mobile phone technology to bring transparency to the global supply chain. Gill’s vision was to build a company that would allow workers in supplier factories to major brand names, first in Bangalore, India, and then elsewhere, to use their cell phones to …

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Caijing Magazine (A)

In late 2009, Wang Boming, editor of Caijing magazine, considered the most independent news magazine in China, gathered his core team for an urgent meeting. Her pioneering editor Hu Shuli, dubbed “China’s Most Dangerous Woman” for her relentless independent journalism, had resigned with two-thirds of Caijing’s staff, reportedly due to a conflict over editorial independence. …

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Building Transparency within the Sustainable Apparel Coalition: The Road to Successful Pre-Competitive Collaboration

The Sustainable Apparel Coalition (SAC) was founded in 2010 to develop common sustainability standards for the apparel, footwear, and home textiles industries. The organization was an example of precompetitive collaboration, a strategy in which companies in an industry come together to address common challenges. The SAC created the Higg Index to help companies, organizations and …

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