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CGF ARTICLES, OPINIONS & EDITORIALS

PACKING MORE VALUE INTO CGF’S NEW PRODUCT OFFERING (2015-08-25)

Article by CGF Research Institute (Pty) Ltd

As more companies are becoming exposed to the manner in which their leadership determine their business strategy and engage business transactions, so more questions are also being raised about the company’s corporate governance practices.  Unlike years gone by when companies were not bound as much by various legislation and similar mechanisms to report to the public on their company dealings, today there are far greater reporting requirements and greater numbers of interested parties wanting details concerning companies and their daily operations.

With the call for greater organisational transparency and increased public scrutiny, various social media platforms provide activists the means to rapidly expose companies and their dealings to literally millions of people.  By making use of these platforms, it is not uncommon for a group of like-minded individuals who may be located worldwide, to collectively agree that a particular company or its leadership are -- in their opinion -- transgressing principles of governance or ethical practices.  Expectedly these lobby groups have become extremely strong in their anti-campaign protests.  Through this type of action they can cause multi-national organisations to rapidly correct, or change, their wayward actions or face consequences such as brand erosion, class actions, litigation and even the collapse of the organisation.

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