An enduring commitment to timeless truths in successful leadership and responsible governance.
Sound governance is not some abstract ideal or utopian pipedream. Nor does it occur by accident or through sudden outbreaks of altruism. It happens only when leaders lead with integrity, when directors actually direct, when ethical values are the sunlight that illuminate every decision and organizations are held to the highest standards of accountability by vigilant stakeholders and informed individuals.
I first began to make the case for these and other enduring truths in leadership and governance 40 years ago — against much boardroom skepticism, I might add. Those ideas evolved into the theory of stakeholder capitalism, a term I coined in the 1980s.
History has convincingly shown their importance over the years, as well as the consequences of their absence. These timeless values of accountability, trust, stewardship and integrity are more important than ever in a post-pandemic world where people have begun to make new and surprising discoveries about themselves, what is truly important in their lives and in the organizations they depend on.
Capturing the power of ethics, and understanding the ethics of power, in the building of well-governed and successful organizations is very much part of the unfinished agenda for 21st century leaders and boardrooms.
After four decades, we’re proud to still be illuminating the evolution of private enterprise and public trust.
Welcome to The Finlay Centre for Corporate & Public Governance. How can we help you?
J. Richard Finlay | Founder
Inattentive boards have been associated with every major corporate disaster for the past 100 years. Its not just that they were asleep at the switch; in most cases they were not even on the train.
— J. Richard Finlay, interviewed on Bloomberg TV Canada.
“Canada needs a national securities commission. The Morse Code-era structure involving the duplication and overlap of 13 separate Canadian governments regulating securities is an unlikely match for a global financial market today moving at the speed of light.”
—J. Richard Finlay, Who speaks for our markets? The Globe and Mail , 2000.
The power of ethics. The ethics of power. Four decades advocating, exploring and working to realize the promise of sound governance and the ethical practices that shape it.
Illuminating the evolution of private enterprise and public trust over four decades. The Finlay Centre for Corporate & Public Governance is the first and longest-running think tank of its kind, working to capture the promise of the well-governed organization and the ethical practices that shape it.
“Sound governance is not some abstract ideal or utopian pipe dream. Nor does it occur by accident or through sudden outbreaks of altruism. It happens only when leaders lead with integrity, when directors actually direct, when ethical values are the sunlight that illuminates all decisions and when major organizations are held to the highest standards of accountability by vigilant stakeholders and informed individuals.”
We work with diligent, forward-thinking directors and trustees to advance the agenda for the new boardroom of today: diversity at the table; sanity in CEO compensation; ethics that gleam with integrity and leadership that stands as an unrelenting champion of hope for all stakeholders. And stakeholder capitalism, of course. We invented the term four decades ago.