THE LIFEWORTH REVIEW OF 2008

Looking East

Dr Jem Bendell Adjunct Associate Professor, Griffith Business School, Australia Chew Ng Professor of Accounting, Griffith Business School, Australia Niaz Alam Board Member, London Pensions Fund Authority/Senior Associate, Lifeworth As 2008 drew to a close, some of the long-term implications of the financial crisis were beginning to be seen. The shift... Read more

Islamic finance

In November 2008, the US Treasury Department announced that it would convene an ‘Islamic Finance 101’ Forum to teach Islamic Finance to US banking regulatory agencies, Congress and other parts of the executive branch in Washington, DC.1 Collaborating with the Harvard University’s Islamic Finance Project, the purpose of this Forum is ‘to help... Read more

Sovereign wealth fund responsibility

As the banking crisis deepened, media attention increased on the role and size of sovereign wealth funds (SWFs), which played a major role in the multi-billion-dollar bailouts of Western banks such as Citigroup and UBS. Rising energy prices and trade surpluses by exporting nations enabled SWFs to grow to control assets worth an estimated $3 trillion,... Read more

From CSR in Asia to Asian CSR

The shift in power from the West to the ‘rest’ indicates a growing role for Asian enterprise, not only within Asia itself but also in the rest of the world. Consequently, the evolution of corporate responsibility concepts, policies, practices and initiatives across the region is important worldwide. In the last quarter of 2008 a flurry of conferences... Read more