Furthermore, in a globalizing world economy, corporate activities in one country may also affect the success of corporate operations in another country.

All these activities are linked both directly and indirectly with the Organization's substantive activities carried out in conformity with the corporate strategy and MTPF.

IFPMA and its member organisations (as well as individual corporations) do carry out Corporate Social Responsibility (CSR) activities.

At the same time, the most obvious impact of corporate activities on development lies in the economic realm.

The second incentive is corporate tax exemption provided for the portion of profit generated through research and software development activities.

Grundsatzkommission Corporate Governance (German Panel for Corporate Governance) (2000). Corporate Governance Rules for German Quoted Companies.

(iii) Inviting industry to make financial contributions to Strategic Approach implementation, emphasizing project activities that are consistent with good corporate social and environmental responsibility

Statement on Global Corporate Governance Principles. International Corporate Governance Network.

Urges UNDP and UNFPA to base their oversight and accountability activities on a corporate risk model and develop risk assessment functions in their audit offices

As an initial step in this direction, this note identifies seven areas at the interface of corporate activities and economic development as initial core topics.

Revised Statement on Global Corporate Governance Principles. International Corporate Governance Network.

Finance Committee on Corporate Governance (2000). Malaysian Code on Corporate Governance.

Indeed, the International Monetary Fund recently reported that developing countries lose three times more of their corporate tax revenue to BEPS activities than their developed counterparts. According to the United Nations Conference on Trade and Development, such activities by multinationals which represent one third of the potential corporate tax base in developing countries result in annual losses of 100 billion.

Corporate Governance Committee (2004). The Belgian Code on Corporate Governance ('Lippens Code')

Committee on Corporate Governance (1999). Code of Best Practice for Corporate Governance.

Corporate strategy

Corporate responsibility

Corporate leaders realized that economic incentives accrued from being a good corporate citizen.

Committee on Corporate Governance (1997). Corporate Governance in the Netherlands Forty Recommendations (Peters Code).

European Corporate Governance Institute. (In particular, see index of corporate governance codes by country.

These revenue losses could be offset by curtailing so called corporate tax expenditures deductions, credits, and other special tax provisions that subsidize some economic activities while penalizing others and broadening the corporate tax base. Both President Barack Obama s plan for business tax reform and the Simpson Bowles deficit reduction plan propose reducing such expenditures to pay for a reduction in the corporate tax rate.

Corporate specific reasons.

Finally, Abe s government must reduce the corporate tax rate to align it more closely with international standards. Amid increasingly intense international competition to attract foreign investment, reducing the corporate tax would actually increase Japan s tax revenues, by spurring companies to invest their vast cash stockpiles in more productive activities.

The examples of corporate activities presented during the meeting showed this to be the case by the very fact of their diversity as regarded products, services and countries involved.

To increase this contribution (and minimize possible negative effects deriving from corporate activities), Governments have pursued a number of policies, in both the host and the home country context.

Government Commission on the German Corporate Governance Code (2005). The German Corporate Governance Code ('Cromme Code')

JPK Working Group I on Corporate Governance in Malaysia (2000). Report on Corporate Governance in Malaysia.

The Secret Corporate Takeover

The Corporate Tax Conundrum

Whose Corporate Social Responsibility?

Operationalizing the corporate strategy

Corporate and income tax

Moreover, international development players including UN agencies, NGOs, corporate citizenship programs, and other charitable organizations rarely coordinate their activities, even though their interventions are increasingly concentrated in densely populated cities.

In the ensuing discussion, questions were raised regarding the precise definitions of general terms such as corporate responsibility , corporate social responsibility and positive corporate contribution , and regarding the notion of a corporate responsibility for development, as well as UNCTAD's mandate in this regard.

Instituto Brasileiro de Governança Corporativa (Brazilian Institute of Corporate Governance) (2001). Code of Best Practice of Corporate Governance.

General Motors Board of Directors (2000). GM Board of Directors Corporate Governance Guidelines on Significant Corporate Governance Issues.

Corporate strategy Vision 2006 2007

What Corporate Tax for Europe?

Expert Meeting on Positive Corporate

Commonwealth Association of Corporate Governance.

(5) Corporate governance and its status

Quick example from the corporate world.

Compassion takes on a corporate dynamic.

The UNIDO corporate strategy states that

Internal audit and corporate risk management