"Even in a post-Sarbox world, it's clear that investors still don't have the level of confidence they should in the way U.S. corporations practice corporate governance," Teller said.
Supporters argue that only private capital — which means, in practice, multinational corporations — can afford to expand water and sanitation networks sufficiently to reach the underserved poor.
JEREMY WAINWRIGHT Pittsboro, N.C., May 21, 2013 To the Editor: Can we please start calling the pernicious practice of corporations and wealthy individuals not paying their fair share in taxes what it is?
In the proposed buyout of Dell by its founder, the company considered but rejected as too risky a novel strategy that tweaks the now-curbed practice of corporations moving overseas to take advantage of lower taxes.
Although many chastened investors have sworn off the use of Internet page views or engaged Web shoppers to help them make their stock picks, another bull market promotional practice by corporations continues apace even after the bear has awakened.
Having joined the Commission on Whistleblowing set up by charity Public Concern at Work, he says: "You may need legislation or a code of practice, requiring corporations to show they have whistleblowing lines.
This maneuver, as our own Joan McCarter explained, is "the practice of corporations buying subsidiaries in foreign countries, then renouncing U.S. citizenship to get out of paying U.S. taxes".
According to Cornell University's Kate Bronfenbrenner, it is standard practice for corporations to subject workers to threats, interrogation, harassment, surveillance, and retaliation for union activity during organizing campaigns.
In his solitary dissent, John Marshall Harlan (a Kentucky lawyer who changed his mind about civil rights law after witnessing organized racist violence) argued that "such discrimination practiced by corporations and individuals in the exercise of their public or quasi-public functions is a badge of servitude, the imposition of which congress may prevent under its power".
Mr. Feldman's call for a "return to the earlier model of the corporation as a good citizen" is certainly timely, given the antisocial practices of corporations that he details.
