How Companies Can Address Their Historical Transgressions
Some multigenerational companies or their predecessors have committed acts in the past that would be anathema today—they invested in or owned slaves, for example, or they were complicit in crimes against humanity. How should today’s executives respond to such historical transgressions? Drawing on her recent book about the effort by the French National Railways to make amends for its role in the Holocaust, the author argues that rather than become defensive, executives should accept that appropriately responding to crimes in the past is their fiduciary and moral duty. They can begin by commissioning independent historians, publicly apologizing in a meaningful manner, and offering compensation on the advice of victims’-rights groups. The alternative is often expensive lawsuits and bruising negotiations with victims or their descendants
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir (Majalah) | 1 |
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