This archive report was first published on 11 May 2021.
Trust is the foundation upon which businesses and organizations thrive. It is built on principles of ethics, integrity, and morals, which are essential for establishing a strong reputation and fostering stakeholder trust.
However, a recent report by the Edelman Trust Barometer reveals a concerning trend in Kenya. The average Kenyan's faith in chief executives to do what is right for stakeholders and society has declined by four percent from 52 percent in 2020 to 48 percent in 2021.
Investors, particularly long-term investors, rely on companies to provide a safe and optimal return on their investments. Clear dividend policy statements are crucial in helping investors make informed decisions. Unfortunately, some Nairobi Securities Exchange-listed companies have failed to provide transparent dividend policies, leaving investors in the dark.
Published on May 11, 2021, the report highlights the importance of corporate social responsibility and the need for companies to prioritize investor rights. The author, Ritesh Barot, a business and financial analyst, emphasizes the need for companies to be transparent and accountable in their dealings with stakeholders.
As the business landscape continues to evolve, it is essential for companies to prioritize investor rights and maintain transparency in their financial dealings. By doing so, they can build trust with their stakeholders and establish a strong reputation in the market.
