There were major changes, however: although the practice of secret reserve accounting remained acceptable, companies disclosed their use of this in their audit reports.
"The status quo is not acceptable, the company cannot sit still," Mr. Alboini, chairman and chief executive of Jaguar, said in a statement.
But in a conference call with analysts yesterday, Jacques Espinasse, Vivendi Universal's chief financial officer, said that if the bids for the entertainment assets were not acceptable, the company -- eager to reduce its staggering debt -- might try to raise money by spinning off 25percentto30percentcent of the entertainment businesses to the public.
Lobbying for jobs OK, PACs are not – 85% of American said that it's acceptable for companies to hire lobbyists and try to sway public officials in order to protect jobs at the company, but 63% say that would be less favorable of a company that pays for advertising for a specific political candidate.
"In no other industry is it acceptable for companies to knowingly and routinely ship flawed products and then expect the consumer to make repairs".
The NOW economy – and the demands for total transparency that come with it – means that it is no longer possible, or acceptable, for companies to hide behind closed doors.
"With obesity rates the way they are, it's no longer acceptable for companies to be marketing foods to kids that contribute to obesity and heart disease and other health problems," said Margo G. Wootan, director of nutrition policy of the Center for Science in the Public Interest, an advocacy group.
If you're less interested in reducing your caffeine count through quantifying your self and more interested in making a good cup of coffee, watch our video review of affordable coffee tools for amateur baristas Is it acceptable for companies to quantify their workforce to improve their productivity or do you think it has the potential for bosses to treat their employees unfairly?
The Home Office has made clear that it's not acceptable for companies to stall on this work: it expects businesses to show progress in how they are policing their own supply chains and for the statements to "evolve" year on year.
Even if a range of safeguards are put in place, the issue remains of whether the public would find it acceptable for companies such as G4S and Serco, dressed up in new clothes, to be responsible for child protection assessments and the like.
