Corporate Finance

Why Can't Companies Have 'Social' as Well as 'Limited' Liability?

Hugh Salmon | Posted 05.05.2012 | UK Politics
Hugh Salmon

In today's free market economy, there has to be a role of government whereby the principles of competition and improved customer delivery, particularly in the public services, are defined and refined for the greater good of society as a whole - and that part-owned private companies can be structured to be liable to perform to this greater good.