Debate on immigration reform continues to rage with strongly divergent opinions about how such legislation would affect the economy and national security. Among the concerns of American workers is whether an influx of legal foreign workers could instigate a drop in manufacturing wages. Read more
Last year, India enacted a National Manufacturing Policy (NMP) to encourage manufacturers, especially small and medium-sized enterprises (SMEs), to move in a new direction. The policy calls for massive changes in the manufacturing sector, which mean terrific sales opportunities for U.S. equipment exporters. Read more
The threat of unauthorized intellectual property (IP) leaking into your supply chain is one that will proliferate in coming years, predicts one of the foremost legal experts on the problem. Fortunately, businesses that become aware of these leaks can take steps to minimize the damage. Read more
Business stakeholders are calling for enhanced reporting of corporate social responsability (CSR) and other information related to sustainability as part of businesses’ financial performance reports, a new report from PricewaterhouseCoopers (PwC) maintains. Moreover, companies that use integrated reporting concepts will be seen as more transparent, which could potentially improve access to capital.
Evolving shareholder expectations are prompting companies to recognize the increased importance of integrated reporting. In addition, a growing number of businesses in more than 80 industries are voluntarily adopting sustainable accounting standards developed by the Sustainability Accounting Standards Board’s (SASB) for publicly traded companies. SASB is a U.S.-based independent, non-profit organization engaged in the development and dissemination of industry-specific standards for disclosure and accounting of material sustainability topics.
Companies are investigating new approaches to reporting financial and non-financial key performance indicators (i.e. strategy, governance, performance, sustainability, and prospects), and how they can create value, according to the PwC report. Read more