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Business and Society Program
Corporate Values Strategy Group
The Aspen Corporate Values Strategy Group (CVSG) is focused on promoting changes in corporate and investment practice, as well as in public policy, to support long-term orientation in business decision making and investing. Short-term pressures in today's capital markets restrict the ability of business to do what it does best—create quality goods and services, invest in innovation, and develop human capital. Rebalancing the short-term/long-term focus of business will make it possible to bring a wider view to the role of business, one that encompasses both fiscal and societal well-being.
Program strategies include:
Convenings and dialogues. Bringing together senior business leaders, investors, corporate governance experts, labor leaders, and academics to discuss strategies for promoting change in business practice, investment practice and policy in support of long-term competitiveness.
Drafting of and outreach related to the Aspen Principles (Long-Term Value Creation: Guiding Principles for Corporations and Investors, released June 2007) and the policy corollary to the Principles, released September 2009, “Overcoming Short-termism: A Call for a More Responsible Approach to Investment and Business Management.”
CVSG in 2010
A Brief History of the CVSG
CVSG Supporters
Master Participant List (2003-present)
Recent CVSG Events
In June, the CVSG hosted an off-the-record dialogue,"Strategies of Purpose-Driven Firms," in Aspen, CO. For one perspective from the Summit, check out this blog entry from a participant.
"Capitalism and the Future" was the theme for our first Aspen-style public conversation in NYC held November 3-4, 2009. We featured a mix of business movers and shakers--from CEOs/Chairpeople Jeffrey Hollender, Indra Nooyi, Eric Schmidt to leading thinkers in education, capital markets and even religion (www.AspeninNYC.org). Join us again October 26-27, 2010 with our partner, Bloomberg TV, and cast of Bloomberg anchors.
Beyond the Crisis: Foundations of a New Regulatory Regime (June 2009, Boston): On June 10 at Faneuil Hall, Executive Director Judith Samuelson moderated a panel on the contours for regulating future capital markets and directing capital investment to protect and enhance the public interest. The session was part of a two-day Summit on the Future of the Corporation: Restoring the Primacy of the Real Economy, hosted by Corporation 20/20. In conjunction with the Summit, Corporation 20/20 published a paper series in which Judith Samuelson and Rebecca Darr, Senior Fellow to Aspen BSP's Corporate Programs, co-authored, "Beyond the Crisis: Policies to Foster Long-Termism in Financial Markets."
CVSG Resources for Further Information:
- Read the Compelling Case for Change, a document prepared by the Business and Society Program to address short-termism in U.S. capital markets.
- On May 12, 2009, Indra Nooyi, Chairman and CEO of PepsiCo, cited Executive Director Judith Samuelson and the work of the CVSG in her speech to the Economic Club of Washington. Please click here for a PDF of the transcript, or visit the website's archive of recent speakers to view the video. On April 14, 2010, Indra Nooyi gave a speech about long-term value creation to the Economic Club of Chicago.
- For more information on our work in changing business and investor practice, you may wish to view the Aspen Principles. For more information on our work in helping to create a more enabling environment, check out our policy work.
- Read what other people have been saying about the CVSG on our Press Page, or where we've shared our thoughts on the Publications Page.
To become a member of the CVSG, please contact Rebecca.Darr[at]aspeninstitute.org.