Better Business: Morals Matter - A collection of essays about business ethics
A collection of essays on business ethics and practices by Ros Altmann, Simon Caulkin, Jonathan Ford, Caroline Lucas, Paul Nowak and Frances O'Grady, and Guy Opperman with an introduction by Deborah Hargreaves.
"Those at the top of our businesses, banks and political establishment have had too much benefit of the doubt. The language of public debate and orthodoxy of behaviour have been too much in their favour. They set the tone of the argument and to disagree is to be labelled anti-business.
It is time to throw the argument back at the establishment; to call for a culture at the top of our businesses and banks that we can respect." (Deborah Hargreaves, Director of the High Pay Centre)
Trust in business and the financial sector is at an all time low following repeated and damaging corporate scandls. To discuss these issues and how they have affected public trust in business, the High Pay Centre has commissioned a series of essays by high-profile political, media, and industry figures. The collection of thought-provoking and influential essays explore several issues of business ethics and accountability and ask, how can we make morals matter in business?
Contributors include Ros Altmann, Director General of Saga Group and pensions and economic policy editor; Simon Caulkin, writer and editor, formerly management columnist at the Observer; Jonathan Ford, Chief Leader Writer at the Financial Times; Caroline Lucas MP for Brighton Pavilion and former leader of the Green Party; Paul Nowak, Head of the Services Department at the TUC; Frances O'Grady, TUC General Secretary designate; Guy Opperman, Conservative MP for Hexham.
The essays touch on several areas of morality in business such as corporate social responsibility, the role of executives and employees and building trust locally.
The launch of these essays coincides with the High Pay Centre's season of events at party conferences where issues of trust in business will be discussed.
For more information on these events see the events page.
If you would like a hard copy of this essay collection, please contact firstname.lastname@example.org
Since the start of this year the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Capitalism not Cronyism
Interview with Simon Walker, head of the Institute of Directors, in the Daily Mail. Simon is on the committee steering our project on performance-related pay. "Over the last decade, it has quadrupled without any clear link to performance."
- FTSE 100 bosses now paid an average 130 times as much as their employees
High Pay Centre analysis suggests many top bosses are still paid hundreds of times as much as their staff
- Is it time for a maximum pay ratio?
Executive pay has rocketed from around 60 times the average worker to more than 170 times. Would a maximum pay ratio redress the balance?