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Behaviour, identity and creativity to generate shared value.

To what extent should corporations be compelled to define their purpose, not (just) via a pithy purpose statement but as a strategic governance position from which the company and its board are held accountable? Just returned from listening to The Hon. Justice Gordon, of the High Court of Australia, share her perspectives on the new realities impacting 21st century governance, hosted by the Shared Value Project. A rigorous and instructive presentation based on her 2023 Harold Ford Lecture. Here's an extract: "Three ideas keep arising in any debate about corporate governance and directors' duties: what is the purpose of the corporation; what kinds of interests and consequences should directors consider when making decisions; and how far ahead should they look?" When considered from the perspective of a litigant and judge, the lecture is essential reading for any of us working in strategic planning and placing ESG. https://lnkd.in/gExWt3Es #strategy #risk #governance #sharedvalue

Harold-Ford-Memorial-Lecture.pdf

Harold-Ford-Memorial-Lecture.pdf

law.unimelb.edu.au

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