TIME: 09:30 am-10:30 am
The 21st-century corporation is in a new paradigm. Traditional models of business transactions and investments in other countries, especially developing countries, are beginning to be replaced by new ways of doing business. These new approaches include consideration for the role of all stakeholders – shareholders, employees, customers, contractors, suppliers, communities, and the environment. There is a broad focus on sustainable practices and respect for the rule of law.
While it is a long never-ending journey, progress is being made. Whether it is adherence to sustainable practices, collaborations such as well-structured public-private partners, application of international norms of ethical conduct, or refreshed forms of dispute resolution, there are encouraging signs of more constructive and ethics-driven transactions, domestic and international. Institutions and corporations are committing to the United Nations Sustainable Development Goals or the Business Roundtable’s Statement on the Purpose of a Corporation, which has been adopted by most major North American companies.
Our panel will discuss the opportunities, challenges, and potential difficulties, and disputes that may arise and ways to make progress.