Corporate Governance: Debate about the role of large companies
Implenia, Syngenta, Clariant: These are just three of many Swiss corporations that have recently fallen under pressure from investors who demand better financial results – in the short term, no less. But can the meaning and purpose of companies be purely short-term and monetary? How much influence should investors be able to exert for the sake of short-term interest, if they endanger the company’s long-term development in the process? And why do we stand and watch this happen? The Corporate Governance Competence Centre of the University of St.Gallen (HSG), led by Prof. Dr. Andreas Binder and chaired by Prof. Winfried Ruigrok, Ph.D. believes there is an urgent need for a debate on this subject.