Re-designing the Corporation: Giving It a Conscience

Reboot2030 by Nico Andreas Heller

Episode notes

Robert C. Hinkley (Australia) in conversation with Nico Andreas Heller.

Bob is an American attorney who specializes in corporate law generally and corporate financing specifically. From 2012 to 2020, he provided critical assistance to the US Department of Justice in connection with investigations that recovered more than $US 65 billion from more than a dozen banks for illegal behaviour that led to the financial crisis of 2008.

In this dialogue Bob talks about his idea to improve corporate behaviour by amending the duty of directors in corporate laws throughout the world. Bob calls this idea, the Code for Corporate Citizenship. Existing law provides that directors must “act in the best interests of the corporation.” The Code would add “but not at ... 

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