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Takes a critical look at a current model of fisheries management which is based on principles related to Hardin’s “Tragedy of the Commons”. According to this model, where access to a fishery is free, it is not in the interest of the community to limit their fishing effort. To prevent over‐fishing and eventual destruction of fish stocks, fisheries managers in Papua New Guinea (PNG) have concentrated their efforts on imposing limits on fishing effort. Argues that such methods are bound to fail because they are imposed by outsiders and are alien to the local communities. Argues that customary marine tenure systems have a better chance of success in the management of local fisheries resources because they are community‐based and are derived from kinship and lineage structures. Advocates that, rather than overlooking such systems, governments must strengthen them to enable them to play their role in sustainable fisheries management.

In the continuing endeavour to work towards ever better management, the project manager has a crucial role to play. This monograph assesses the requirements of project management in terms of training and experience, demonstrates what sort of person the project manager should be, and also the role that should be played by the project team. In order to illustrate the manner in which the essential qualities in both the project manager and his team are displayed in action a number of completed projects worldwide are reviewed. Both successful projects and disastrous projects are used to demonstrate the way in which the problems encountered in real life can be met and overcome. In conclusion both the prospects and the problems that the future may hold for the project manager are assessed.

The purpose of this paper is to explore economic conditions of contemporary society to provide insight into the ways in which the consequences of disaster, including environmental migration, are accentuated.

This research draws on Zygmunt Bauman’s theory of liquid modernity and notions of development to analyse disaster. From the analysis, a new concept, liquid development, is proposed and critiqued as a contributing factor leading to severe contemporary disaster.

Liquid development provides a new way of making sense of the conditions and consequences of economic growth and a business as usual attitude. It further provides a framework to explore the potential disaster of environmental migration in the Pacific Islands arising from liquid development driven climate change-induced sea level rise.

Analysing these conditions provides greater understanding of the resulting impact of disaster, creating awareness and informing the need for accountability and social policy. This study aims to contribute to further practical and research enquiry that will challenge liquid developers to reconsider their impact and to accept responsibility for vulnerable members of society as part of their business as usual structure.

This paper adds to Bauman’s understanding of the consequences of globalisation through the construct of liquid development. It also continues his debate by giving awareness to the global issue of environmental migration.

The purpose of this paper is to contrast the business risks of seeking to hide “questionable” corporate activities with the benefits of achieving high levels of corporate transparency.

The paper summarises three well‐documented cases of corporate malfeasance, simply and sequentially. Each is analysed separately.

The paper finds, in each case, that once the concealed “truth” comes out, the companies are in a much worse position than if they had come clean when initially challenged. The generalised finding is that once pressures mount, what is intentionally concealed tends to become exposed, with unanticipated and powerful negative consequences.

To minimise business risk, managers are well advised to refrain from doing things behind a veil of secrecy and, instead, opt for greater transparency. Since what is hidden seldom remains hidden, a “policy” of corporate transparency is often in their interest. The lesson is that when under public pressure, for whatever reason, facts, risks and relationships will out.

This paper demonstrates how openness rather than secrecy can reduce business risk and raise ethical standards at the same time.

The purpose of this paper is to highlight the financial consequences of corporate irresponsibility or malpractice.

The author uses three case studies in different areas of corporate malpractice, to highlight typical consequences.

The author demonstrates that transparency, even with difficult information or decision‐making, is the most desirable management strategy to avoid long‐term loss.

The paper underlines the importance of transparency in corporate crisis management.

Corporate responsibility and transparency, especially with public health and environmental issues, will cause much less damage to a business than a strategy designed to minimize or cover up responsibility. It will encourage trust and accountability with the public.

Paper reaffirms obvious but important codes of conduct for management, using historical examples to highlight common mistakes or pitfalls.

The purpose of this paper is to provide reflections on business ethics in the 25-year window from 1992-2017, and to then seek to examine some of the concerns for the future of which we all need to be cognizant.

The paper represents the reflections of a now retired academic who spent the period from 1992 to 2017 researching in the area of business ethics.

In the world of commerce, we are still seeing the same alleged behaviours by corporations from developed economies that have dogged business for so long. Have we moved forward and how far have we moved are difficult to determine.

The paper is based on the reflections on 25 years of research in the area of international business ethics. The limitation is that the paper is based on the experiences of one academic.

The paper points to considerations that are required if the field of business ethics is to move forward in a positive manner.

The paper looks at many of the pertinent issues facing the field of commerce in respect to business ethics now and into our foreseeable future.

To attract funding from ethical investment trusts, it is expected that investee companies will need to undertake corporate social disclosure (CSD) in annual reports. This paper first explores the notion that companies included within the portfolio of ethical investment trusts (ETIs), are likely to provide a greater quantity of CSD than companies in which ethical trusts have not invested (NETIs). Second, the paper examines the characteristics of companies that undertake CSD, and their relationship to the ETI/NETI classification. Results from the examination of a sample of 300 Australian annual reports for 147 companies over a five‐year period (1990–1994), indicate that CSD is related to size, industry visibility, and company presence in both foreign countries and foreign stock exchanges. The significance of this paper, in addition to building upon empirical research into CSD, is that, in a range of circumstances, companies with an ethical investor as a shareholder, provide greater transparency about their social and environmental activities, than companies without an ethical investor. As a result, case can be made for the direct regulation and monitoring of ETI companies to be reduced, relative to NETIs, given that ethical investment may fulfil a market based regulatory function.

The paper considers the development of the unique fiscal relationship that exists between the government of Fiji and Emperor gold mines. Over a period of 40 years Emperor has not only paid negligible amounts of taxes and royalties it has frequently been directly subsidised by the state. In 1983 the government signed the Vatukoula tax agreement which effectively gave new mines a tax holiday for over 20 years. At the time of writing, Emperor regularly declares a dividend, is profitable in comparison to similar mines and pays no corporate taxes. The tax agreement stands as unique among developing countries in terms of allowing all potential rents from the mine to pass directly to the mine owners and almost nothing to the resource owner.

This paper aims to highlight the disparity between the huge global influence and reach of transnational corporations, on the one hand, and the lack of international legal infrastructure for regulating TNC activity, on the other. Existing avenues for holding TNCs accountable for breaches of international standards are woefully inadequate. After rejecting the idea of subjecting TNCs to potential criminal liability, the paper then proposes a set of principles for international TNC responsibility modelled on the 2001 Draft Articles on State Responsibility. The potential future role of regional human rights courts and the International Labour Organisation in holding TNCs accountable is also explored.

A survey of existing legal texts and secondary scholarship was undertaken to determine the existing coverage of the regulatory infrastructure for holding TNCs to account, and to identify gaps in that coverage.

Significant governance gaps in the existing institutional infrastructure were identified, creating a permissive environment within which blameworthy acts by TNCs may occur without adequate sanctioning or reparation. Potential regulatory and institutional avenues for filling these gaps were identified.

The author lacks hands‐on experience of the political barriers which may exist and may make the proposed reforms unrealistic. Those in the field are encouraged to consider whether the proposed reforms are feasible/desirable.

The paper contains implications for the future of international law, the regional human rights courts and the International Labour Organisation.

The paper contains original proposals for the future evolution of international law in its application to TNCs.

The study investigates the interaction of sustainability dimensions in supply chains. Along with the analysis of sustainability trade-offs (i.e. prioritizing one dimension to the sacrifice of others), we develop and test the concept of cross-insurance mechanism (i.e. meeting of one sustainability goal possibly attenuating the effects of poor performance in another).

Through the analysis of a 20-variation vignette-based experiment, we evaluate the effects of these issues on the corporate credibility (expertise and trustworthiness) of four tiers of a typical food supply chain: pesticide producers, farmers, companies from the food industry and retail chains.

Results suggest that both sustainability trade-offs and cross-insurance mechanisms have different impacts across the chain. While pesticide producers (first tier) and retail chains (fourth tier) seem to respond better to a social trade-off, the social cross-insurance mechanism has shown to be particularly beneficial to companies from the food industry (third tier). Farmers (second tier), in turn, seem to be more sensitive to the economic cross-insurance mechanism.

Along with adding to the study of sustainability trade-offs in supply chain contexts, results suggest that the efficiency of the insurance mechanism is not conditional on the alignment among sustainability dimensions (i.e. social responsibility attenuating social irresponsibility). In this sense, empirical evidences support the development of the cross-insurance mechanism as an original concept.