The last two decades are littered with examples of challenged and even disgraced corporations. Boeing, Enron, General Electric, Kmart, the Weinstein Company, to mention but a few. There are many Kenyan examples as well. Each round of unflattering headlines about corporations and their leaders prompts a set of reasonable and justifiable questions and opprobrium: What exactly are the boards of directors doing?
Yet for every corporation attracting headlines for the wrong reasons, there are numerous others quietly thriving as their boards and management strive to do the right thing. By helping to create economic growth, corporations contribute to the betterment of society in many ways. They, among other benefits, create jobs, contributing to worker’s livelihoods and counteracting poverty.
