GNCC Global Network for Corporate Citizenship

Are Companies Good Citizens?

By Bradley Googins and Philip Mirvis With the sniping and gridlock around raising the federal debt ceiling, job creation stalled, and 401ks in free fall, a question to consider is:  What does this all have to do with corporate citizenship? Amidst this turmoil, American business has mostly sat on the sidelines, or lobbied behind the scenes, but been more observer than public participant in the issues of the day. Meanwhile, corporate profits are swelling and companies rest atop piles of cash (reportedly Apple has more in reserve than the U.S. Treasury). The analysts say that business is waiting for more stability, security, and certainty before it invests its considerable reserves. That may be sound economic strategy for a company, but it is surely harmful to the country. So, what are the responsibilities of business as a good citizen when it comes to investing in the nation? Network:  Global Network for Corporate Citizenship [more]