A corporate responsibility report released yesterday by Merck includes a commitment to improved governance, including healthy communication with shareholders. The report, which also includes a recap of the company’s achievements in 2008, identifies 158 metrics by which governance should be approached. The issues, according to a Merck representative include “sharing confidential information with stakeholders, taking time to listen to criticism and suggestions…Merck understands that the days of ‘feel good’ [reports] are over—and that companies need to work hard to identify emerging business risks and talk about issues for which there may not be easy answers.”
Merck Report Emphasizes Good Governance
An annual report by Merck emphasizes the pharmaceutical company’s dedication to improved governance.
October 1, 2009