Vision to Reality: The Reut Blog

In a document that describes the principles and guidelines for achieving an economic and social leapfrog in Israel, the Reut Institute claims that decision makers in the public sphere should establish rules of conduct that will reflect values that may promote leapfrogging, such as business ethics and social awareness.

The lack of standardization and legislation of those values often obstructs business or social initiatives.

This is connected to a recent report in Globes about Maala and its annual ‘ranking.’ The organization – which advocates corporate values and citizenship in Israel – claims that it has to cope with the lack of standardization and legislation in establishing an ethics code in public companies.