julio 21, 2009
Corporate Redesign – The Tellus Institute for a Great Transition
In the age of globalization, the modern corporation is a pivotal actor in shaping planetary society. A critical question is: How should the future corporation be constituted to ensure that it serves the long-term common good, rather than short-term shareholder interests? This program goes beyond reform efforts – the Corporate Social Responsibility agenda – to a focus on the core characteristics of the contemporary corporation with the aim of altering its genetics to help meet the great societal challenges of the twenty-first century. Redesigning corporations requires an understanding of the discrete components of the corporate form – legal status and charter, the primacy of shareholder interests, liability, ownership, capitalization, and directors’ obligations – and the linkages among them.