A glimpse at recent news headlines is telling of a mass social awakening underway. From the #MeToo movement to public reprimand against organizations’ unrealistic sales targets, it is clear that it is becoming increasingly important for companies to foster a positive “corporate culture”. These scandals, once in the public eye, can have long-lasting damaging effects on businesses’ profitability, brand, and marketability. Indeed, as noted in this previous post, millennials’ investment decisions are heavily influenced by a company’s brand.
But when these scandals do arise, what recourse is available? An article by Jennifer G. Hill, a Professor of Corporate Law … Continue Reading