I recently came across this piece at Business 2 Community by Aarti Maharaj, “Ten Events That Have Changed Corporate Governance.” It’s a really interesting read, not least for the fact that it concerns events which have happened just in the last decade but which nevertheless have resulted in profound changes in the way corporations do business.
As one might expect, many of the items listed are regulatory and structural responses to market irregularities and catastrophes of various kinds. Notable from Business Wire’s standpoint are the inclusion of social media governance and corporate social responsibility on the list. The latter has resulted, at many companies, in the creation of a new C-level position responsible for sustainability and CSR reporting, and we’ve written here before on the link between greater CSR transparency and a more secure market position.
Tom Becktold, our SVP/Marketing, spoke on the intersection of social media and disclosure at the PR News Digital PR Summit in February – you can view his presentation below.
Click through and read the full article – it’s kind of amazing that only ten years’ worth of events can have such an impact on disclosure practices.