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Corporate Governance and International Law

Reynolds Holding

International agreements, customary international law, and non-binding recommendations are sources of norms that, if adopted, could address many of the harms that corporations create for society and the planet. Certainly, many countries have encouraged companies to improve their environmental and human rights practices.

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Aligning Business Efforts to Combat Corruption and Respect Human Rights

Reynolds Holding

Over the past 25 years, there has been a significant evolution in businesses’ obligations both to combat corruption and to respect human rights. The late-1990s saw the emergence of a global anti-corruption norm, which resulted in the 2003 United Nations Convention Against Corruption (UNCAC).

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Corporate Social Activism and the New Business of Change

Reynolds Holding

The roots of this new corporate social activism can be traced to three large, interconnected developments in business, law, and society: (1) the evolution of corporate purpose from shareholder primacy to expansive stakeholder governance; (2) the convergence of the public and private sectors; and (3) the expansion of corporate political rights.

Equity 134
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Debevoise & Plimpton Discusses the Myth of Artificial Intelligence Errors

Reynolds Holding

AMachines are increasingly making important decisions that have traditionally been made by humans, such as who should get a job interview or who should receive a loan. As a result, humans usually remain involved in AI decision making, which is referred to as a “human-in-the-loop.” who deserves a job interview).

Banking 111
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Classical Liberalism and Corporate Law

Reynolds Holding

From such a perspective, the business firm is thus a critically important institution, for it is one of the most consequential ways of organizing voluntary activity among human beings. Under the privilege view , incorporation is a concession from the state benefiting the individuals forming the corporation.

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Debevoise & Plimpton Discusses ESG and Antitrust

Reynolds Holding

Companies, banks, insurers and asset managers are increasingly working together within their industries on environmental, social and governance (“ESG”) initiatives to achieve shared goals on climate change, labor rights and other social issues. In August 2022, 19 state attorneys general wrote to the CEO of BlackRock.

Banking 89
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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?