Towards an Accountable Capitalism Case Solution & Answer

This Case is about ORGANIZATIONAL CULTURE, SOCIAL RESPONSIBILITY

PUBLICATION DATE: September 01, 2009 PRODUCT #: ROT096-PDF-ENG

With several still reeling from the ripple belongings of the 2008-09 international monetary disaster, it’s become abundantly clear the principles and ethos of company are essential to economic success. Regaining on the relationships between those associations and ensuring that it never repeats itself will demand new thinking about the kinds of associations on which a successful market depends, and more significantly, from this systemic failure. The authors’ intention isn’t to lay out a comprehensive framework for corporate governance, bookkeeping management or bank solvency; instead, it’s to clarify the principles on which any market system that is accountable will rest, and how these might be used. Additionally it proposes various activities that marketplace participants can take to prevent similar catastrophes. The authors demonstrate that, like an effective political system, a successful market is in many ways: it’s checks and balances, accountabilities, responsibilities, information flows and cultures.

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