Restoring corporations’ obligation to serve the public interest

There is a simple solution to corporate malfeasance, and it would cost petty cash to implement. It would be vastly cheaper than tolerating corporate malfeasance, writes Geoff Edwards.

Corporate licentiousness drags down the economy, undermines public interest regulation, compromises politicians and skews policy in favour of large and international enterprises to the disadvantage of small and family firms.

The problem

Before explaining the solution, citing some examples of corporate malfeasance may indicate the nature and scale of the damage corporations cause to economies, human health and the environment.