Economics Explored

Corporate governance & corporate social responsibility

Episode Summary

On the importance of good corporate governance to a well-functioning economy, with Stephen Howell, Principal Adviser of Effective Governance, a leading Australian corporate governance practice, and part of the HopgoodGanim Advisory Group.

Episode Notes

Economics Explored host Gene Tunny speaks with Stephen Howell, Principal Adviser of Effective Governance, regarding the importance of good corporate governance to a well-functioning economy. They consider examples of how poor governance of companies has damaged economies in the past, and they discuss principles for good corporate governance. Corporate social responsibility is also discussed, beginning with a consideration of Milton Friedman’s doctrine that companies should be run solely in the interests of their shareholders. 

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