Showing posts with label RSG Debates. Show all posts
Showing posts with label RSG Debates. Show all posts

Monday, 15 July 2013

Debate: Is the Consumer a Regulator of Business Behaviour?

June 2013 saw the launch of RSG Debates, a series of round table dinners held throughout the year, which invite thought leaders to join together to discuss the most topical issues concerning one appointed theme. In June, the spotlight was focussed on the financial services sector and the question of whether business can self regulate. Held at Benares restaurant in Mayfair, London, the dinner was hosted by Nick Hall, Partner at KPMG, and was attended by finance directors and CFO’s from FTSE 100 companies.

The concept of regulation vs. self regulation is vast and it was to be expected that we would gather a varied range of arguments and opinions on the topic, the most interesting (and perhaps most controversial) of which I am going to share with you over the course of my next few blog posts. Don't forget, if you are interested in the financial sector, you can subscribe to the Sanderson Financial posts. To begin this series we will focus on: 

What role does the consumer have to play in bringing about positive change to errant business behaviour? 

Starbucks were used as a relevant example during this particular discussion as they paid £5m in UK corporation tax this year – something they have not done since 2009.

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