Private initiatives for corporate responsibility have been a major development in international management over the last twenty years. The initiatives include issuance of codes of business conduct, implementation of management systems and broader efforts to improve business accountability. Yet, there is little agreement about what these initiatives mean or how effective they are. The OECD project on corporate responsibility seeks to
The OECD principles for the regulation of investments by insurance companies and pension funds, approved in 1999 by the Insurance Committee, are one of the first steps in the direction of setting guidelines and standards for the private pension i...