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Sovereign Liability for Cross-Border Torts: How US Courts Are Meeting The Challenges Posed By International Terrorism and Cyber Torts

By Charles H. Camp and Theresa Bowman

This article explores the problems of tackling cyber terrorism in US courts, as the difficulties of cross-border cases and sovereign defendants bring new challenges when seeking justice for terrorist acts. Following several high profile cases over the last two decades, Charles H. Camp and Theresa Bowman explain how the legal definition of “terrorism” is becoming out-dated as terrorism becomes technological.

Does Sustainable Performance Mean Abandoning Capitalism?

By Martin P. Thomas and Mark W. McElroy

We introduce multi-capitalism and the MultiCapital Scorecard as a means of extending capitalism to include social and environmental performance. Setting related standards in organisations’ own contexts starts profound learning and also answers the question: “How much is enough?” Leaders can then formulate strategies to become environmentally, socially and economically sustainable.

The Struggle for Brazil – and Against the BRICS

By Dan Steinbock

While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and a struggle against the BRICS nations. The US feels threatened by an era of multipolarity, which deeply implicates China, and other emerging economies.

Understanding Corporate Credibility in Repeated Game between Enterprise and Stakeholders

By Zonghao Bao and Han Wang

This article investigates whether and how the interaction and repeated game between enterprise and stakeholders can influence corporate credibility performance in practice. The authors use the Corporate Social Responsibility (CSR) reports, which are published by 1000 enterprises in Shanghai, as their data source and evaluate their credibility performance in 2015. The findings provide guidelines for social credibility construction in Shanghai.

May – June 2016

Rejuvenating the European Economy: The Role of Islamic Finance

By Sohail Jaffer

Commenting on the sharp decline in European banks’ share prices in the early weeks of 2016, which it described as a “concern”, the IMF advised that “a robust banking sector is required to support investment and economic recovery.” Islamic finance is in many respects ideally positioned to buttress the rejuvenation of the European economy.

People Are Likening the Next Philippine President to Donald Trump. Here’s Why.

By Walden Bello

A hapless elite, an angry electorate, and a brash front-runner with little regard for democratic norms: The latest Philippine election sounds a lot like America’s.

The Convenient Choice: Investing in Solutions for a Better Future

Sasja Beslik is Head of Responsible Investments at Nordea Assets Management, one of the leading asset managers in Europe when it comes to developing the concept of Responsible Investments. In this interview with The World Financial Review, Beslik expounds on how incorporating environmental, social and governance (ESG) parameters provides sustainable and long-term good returns for investors.

Stormy Forecast for Nuclear Energy Future

By Linda Pentz Gunter

While nuclear energy continues to play a role in political discussion and decision-making circles, the financial realities indicate it is a dying industry with no meaningful role in the future energy mix. Too costly, too slow to build, and too inefficient in an energy market heading away from the big grid system and toward distributed electricity generation, nuclear power simply offers too many serious drawbacks to remain viable.

Duterte’s Pragmatic Agenda for the Philippines

By Dan Steinbock

While the Aquino reforms ignited great progress in the Philippines, the new president will favor inclusive growth and greater pragmatism in foreign policies that will shape Southeast Asia’s future.

EDITOR'S PICK OF THE WEEK

CFO's new mandate. CFO explaining the presentation

The Performance and Transformation Orchestrator: The CFO’s New Mandate in the Age of AI

By Terence Tse CFOs are evolving into AI-driven transformation orchestrators, balancing finance, technology, and strategy while upskilling teams, managing risks, and driving measurable business value. A key insight from this year’s AI for CFOs event, organized...

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