BP's Browne: Transparency key to restoring trust

10/28/2002
The current crisis in corporate governance has involved only a small minority of companies, but it has damaged trust in the entire corporate world. The polls show the extent of the damage. Over two thirds of Americans think senior executives are becoming less trustworthy.1 Over a third now regard big business as the biggest threat to the future of the country.2 Market confidence has been battered, and shareholders have suffered.Restoring trustRestoring trust must therefore be the top priority for major businesses. And not only must we rebuild the confidence that has been lost, we must go on to demonstrate that business can be a force for good and that the market economy is an engine of ec...
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