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The Code for Corporate Responsibility
[Also known as the Code for Corporate Citizenship]
According to Corporate Law, Corporations make decisions
based only on maximizing profits and increasing stockprices. The Code
for Corporate Responsibility seeks to add protections for the environment,
human rights, public health and safety, the welfare of our communities
and the corporate employees.
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The Problem
State laws allow corporations to:
- externalize costs
- minimally comply with the law, lobby to weaken
laws, and shop for jurisdictions with lenient laws
- significantly damage the enviroment, human rights,
public health and safety, corporate employee's dignity and the
welfare of surrounding communities
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Articles
- 28
Words to Redefine Corporate Duties The Proposal for a Code for
Corporate Citizenship, Multinational Monitor, July/August 2002
- Let's Change the DNA of Corporations, 29 July 2002
- "Interview
with Bob Hinkley, Citizens Working, 14 July 2002
- "Profits
vs. Public Interest," Miami Herald, 11 June 2002
- "Corporate
Values: A Response to President Bush's 10-Point Plan for Corporate
Responsibility," Common Dreams, 12 March 2002
- "Toppling
the Corporate Aristocracy," CommonDreams, 19 April 2002
- "How
Corporate Law Inhibits Social Responsibility," Business Ethics,
January/February 2002
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The Solution
The The Code for Corporate Responsibility will ensure that the public's interest is not sacrificed
for corporate profit by:
- Eliminating corporate pollution
- Stopping corporate violations of human rights
- Improving public health and safety
- Changing corporate management to ensure employees' dignity is respected
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