The world's business leaders are increasingly embracing a new form of capitalism, moving from one focused primarily on shareholder value to one focused on serving the broader world, as the Fourth Industrial Revolution (also known as Industry 4.0) rewrites the role of business in society. Released today, Deloitte's third annual Readiness Report, "The Fourth Industrial … [Read more...] about Capitalism redefined? New Deloitte survey finds executives around the world are embracing a larger responsibility beyond profit
Finance Professionals Split on Potential Economic Recession, Finds TD Bank Survey
Half of corporate treasury and finance professionals do not believe an economic recession is a threat in 2020, according to a recent survey conducted by TD Bank, America's Most Convenient Bank®, at the 2019 Association of Financial Professionals Annual Conference held in October in Boston, Massachusetts. Instead, payments fraud and cyber security risk are high on their … [Read more...] about Finance Professionals Split on Potential Economic Recession, Finds TD Bank Survey
Burning Planet: Climate Fires and Political Flame Wars Rage
Economic and political polarization will rise this year, as collaboration between world leaders, businesses and policy-makers is needed more than ever to stop severe threats to our climate, environment, public health and technology systems. This points to a clear need for a multistakeholder approach to mitigating risk at a time when the world cannot wait for the fog of … [Read more...] about Burning Planet: Climate Fires and Political Flame Wars Rage
Press Digest, Issue #160134731
Infrastructure spending not an effective tool for fighting recession
Infrastructure spending is not an effective policy for stimulating the economy during a recession, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Infrastructure projects have very long timelines, and by the time shovels hit the ground on a new bridge, highway or subway tunnel, the recession is usually over and the … [Read more...] about Infrastructure spending not an effective tool for fighting recession