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Corruption and European companies

30% of English business leaders feel justified in bribery as a means to achieve its objectives under the "European Fraud Survey 2011" by Ernst & Young. And your employees have this perception: 82% believe that their leaders seek "alternative routes". However, the percentage of executives to ensure that your company has committed fraud is well below the European average (18% vs 21%). And the concern on the Boards of Directors for their potential liability in these cases is also higher in Spain (88% vs. 62%). The global crisis we are suffering not only aggravates the matter: for 48% of managers respondents, their strategies are focused on cost control rather than fraud at least until the economic situation begins to rebound. As Ricardo says Noñera (Partner in charge of Ernst & Young Forensic Spain. Italy and Portugal): "This strategy is not conducive to the prevention of fraud in fact increase the risk for companies if, as sometimes happens, the control measures cause a reduction in the effectiveness of internal controls. " Anti-fraud measures, the English executives opt for internal audit, internal controls and review of the management. Something the rest of European managers considered ineffective or insufficient.

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I Energy Efficiency Day

The Institute of Energy Engineering (IIE) and the Polytechnic University of Valencia (UPV) organize, in collaboration with Demand Active Power, the European Day I on Energy Efficiency in the city of Valencia . This meeting aims to raise awareness among the business community, and university scientific conclusions reached by the IIE in its shareholdings USE EFFICIENCY European project, the Intelligent Energy Europe call. It seeks to contribute to a competitive European energy market, secure and sustainable energy efficiency and promoting the rational use of energy resources. USE EFFICIENCY
The project set out to improve energy efficiency in university buildings and train future professionals in energy efficiency and promote their awareness on this issue.
The Workshop is aimed at managers, executives, responsible for Environment, Energy, Maintenance, middle management of companies, universities, students and research centers.
Place and date of event: Thursday May 26, 2011, 9:00 h to 13:00 h Lecture Hall, 3rd floor Red Cube, Edificio 8E, J Access Polytechnic City of Innovation, Universidad Politécnica de Valencia, Ingeniero Fausto Entrance Elio-front No 28
Attendance is free by order of registration (limited)

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Multisectoral Study on the state of corporate responsibility of big business in Spain 2011

The Sustainability Excellence Club will present the state Multisectoral Study of Corporate Responsibility of the corporation in 2011 in Madrid Spain in Endesa headquarters next May 31 and Barcelona, \u200b\u200bat the headquarters of Aguas de Barcelona (Agbar) on 1 June. In the first act, the Excellence in Sustainability Club will feature Joseph Casas, vice president of Strategy, Regulation, Environment and Sustainable Development, Endesa, which will take the introduction to the day, Isabel Castillo, Director of Projects Club of Excellence Sustainability and Study Coordinator, Angel Ibisate, director of Corporate Responsibility and Quality of Red Electrica of Spain and director of the Study and Joaquim Borrás, ISS president and chairman of the Study, presented the study. The closure of the Madrid event will be handled by Maria Luz Rodríguez, Secretary of State for Employment, Ministry of Labour and Immigration. Torre Agbar in Barcelona

In Barcelona, \u200b\u200bthe introduction to the conference come from the hand of Juan Alfaro, Secretary General of Sustainability Excellence Club, and Ignasi Fainé, director of Corporate Responsibility and Reputation Agbar. Isabel Castillo and Joaquim Borrás will again be in charge present the study, which will be closed this time by Juan Jose Barrera, director general of the Social Economy Self-Employment and Social Responsibility of Enterprises of the Ministry of Labour and Immigration.

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THE INTERNATIONAL FINANCIAL SYSTEM REFORM AND ITS IMPLICATIONS FOR CORPORATE FINANCE

JOSE MARIA ROLDAN ALEGRE, Director of Regulation of the Bank of Spain and member of the Basel banking supervision, conducted in Zaragoza the conference "REFORMING THE INTERNATIONAL FINANCIAL SYSTEM AND ITS IMPLICATIONS FOR CORPORATE FINANCE."
A major concern of business is to know what effect credit to a new financial system following the merger of Banks and Banks. Is it the financial system that our economy needs? Can you meet the necessary demands of business financing required to start the recovery? "Increased capital requirements that banks will be more conservative? How much will increase the cost of credit to the company? How can English companies access foreign funding?.
We reflect on these and other issues at the conference and subsequent discussion organized by the College of Business Economists:
Wednesday June 8, 2011, at 19.00 in the Plenary Hall of the Royal Academy of Fine Arts Museum Zaragoza. (Plaza of the Sites, 6)
Limited. Free registration 976 281 356 or by mail to colegioaragon@economistas.org

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REE invested 25 million CSR

Spain's Red Electrica (REE ) invested 25.8 million euros to various activities of the corporate social responsibility in 2010 (1.9% of turnover and 6.7% of gross profit) vs. 19.8 million euros in 2009, according to the Research Group Sustainable Organizations School of Industrial Engineering at the Polytechnic University of Madrid.
preparing this fact was taken into account both internal and external costs, which account for 77% of the total needed for the development of each of the initiatives valued, as reflected in its CSR report. There has been a revision of the scorecard of CSR, with an update of the indicators of technical and economic aspects and environmental, in order to increase their visibility and their link to the CSR strategy. The total number of indicators of that control panel has gone from 21 to 35. Electrical
reached for the fifth consecutive year, ranking first in the memory of RC's IBEX 35 according to the Observatory of RSC (Obrsc) and first place in the first, third and fourth editions study "Culture, responsibility policies and practices of companies in the IBEX 35 ", promoted by the UGT and the Ministry of Labour and Immigration.

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financial sector calls for a carbon market that attracts investors

Leo Diarioresponsable.com that the financial sector, as part of the Initiative Environment Programme Finance United Nations, have made this Friday in London called for the development of a carbon market that can attract investors.
This is one of the main conclusions of "Reddy-Set-Grow: Opportunities and Role of Financial Institutions in forest-carbon markets "prepared as a contribution to the climate change meeting to be held later this year.
Banking entities, insurance and investor who helped with the study in this initiative offer their cooperation to work with national and international regulators to get a forest carbon market.
To Abyd Karmali, managing director of carbon markets at Bank of America Merrill Lynch, this market has significant potential but also requires design efforts by regulators to make it attractive for private capital.
In this sense, the alliance with the private sector and financial institutions are essential for the implementation of the mechanism, sponsored in the last session of the UN Convention for Change Climate meeting in Cancun last year, which promotes the reduction of deforestation and forest degradation (REDD + its acronym in English).
To achieve a reduction of two degrees Celsius in temperature of the earth that will give the reduction of deforestation required under United Nations an estimated investment of between 17 and 33 billion U.S. dollars. The study estimated that public investment can not deal with these dimensions is therefore a need for private capital.

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Integrating CSR into Business Management Conference

Discovering why CSR is a useful tool for the company by allowing you to gain competitive advantages, es una gran idea.
El curso “ Integrando la RSE en la Gestión de Empresas ” se celebrará en Jaca (Huesca), del 29 de junio al 1 de julio de 2011.
Dirigido por Dra. Dª Nieves García Casarejos, Profesora Titular de la Universidad de Zaragoza y Directora de la Cátedra Ideconsa, el curso está dirigido a distintos públicos objetivos.
Quienes buscan generar discusión, actualizar y profundizar los conocimientos y conocer las últimas tendencias en responsabilidad social empresarial (RSE), así como casos de buenas prácticas, no pueden perder esta oportunidad.
En concreto será de utilidad a estudiantes de últimos años que deseen completar su formación CSR, to professionals who want to implement a new management model in your company based on CSR, NGO members, foundations and public and private institutions working in the area and want to complete their training.
No prior training is required in this area, although it is recommended to be familiar with the terminology used because it is not a basic introduction to CSR, but it assumes that the audience know and are interested in exploring how to out their implementation.
Recognized as elective credits or college credit for the cultural activities of the University of Zaragoza, the course lasts 25 hours.

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III

The auditorium of the University of Zaragoza will host the 24th and 25th May from III Conference University Social Responsibility, organized by the Vice President and Cultural Social projection, with the collaboration of the Fundación Carolina. The rector of the University of Zaragoza, Manuel Lopez and the Secretary General of Universities, Marius Rubiralta, will open this conference on Tuesday 24.00 to 9.00 hours. After the official opening
intervene Manuel Larra, University of Cadiz and Javier Benayas, Autonomous University of Madrid, to discuss "MSW indicators. At 12, 15 will begin a round table to address the issue of communication of MSW: sustainability reports and intervene where Longinus Marin, Universidad de Murcia, and Emilio Martin, University of Zaragoza. M ª Jesús Muñoz, Universidad Jaume will moderate.
the afternoon will address the issue of social responsibility in higher education. Juan José Cubero, University of Zaragoza will moderate a debate involving Iratxe Amiano, University of the Basque Country, Isabel Sanchez, University of Extremadura and Pilar Arranz, University of Zaragoza. Also in the afternoon Sylvia Sastre i Riba, University of La Rioja, Maria Cristina de la Cruz, University Deusto and Marta de la Cuesta, National University of Distance Education will discuss the RSU and best practices, Jesus Vela, University of Zaragoza as moderator
the morning of 25 begins with a discussion moderated by José Luis Marqués , Chairman of the Board of the University of Zaragoza on MSW and society involving Javier Navarro, Director General of Industry, Government of Aragon, Miguel Angel Blasco, President of the RSE Committee of the Chamber of Commerce and Eduardo Andrés Zaragoza , Student of School of Engineering and Architecture, University of Zaragoza. Then it will be a debate on the RSU in Latin America in the to participate Jose Gutierrez, CSR Program Coordinator of the Carolina Foundation, as moderator, and Julio Hernandez of the University Piura (Peru), Daniela Gargantini, University Cordoba (Argentina) and Vilma Peña, MSW Observatory Universities Distance (Costa Rica) as participants. Concepción
Lomba, Vice Chancellor of Cultural and Social Projection of the University of Zaragoza and Jose Mariano Moneva, the Organizing Committee of the University of Zaragoza, will close the conference at 12.45 am on Wednesday 25.

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University Social Responsibility Seminar Series. 2.0 Communication Directors. Reputation and Brand: Networking & Marketing Synergies and personal. High Impact Presentations and

Seminar Series. Steering 2.0
at: Ibercaja Zentrum, Costa, 13, Zaragoza • Registrations Tlfno
976 48 28 12 or via: zentrum@ibercajaobrasocial.org
• 9.30 to 13.30 hours. Upon registration customers
• Fee unemployed Ibercaja € 7
• Ibercaja Fee € 22 clients
Communication. Reputation and Brand: Synergies and Networking
• John Royo. Economist. Professor at the University of Zaragoza.
• Friday May 27
Marketing staff. High Impact Presentations
• By Fernando Monzón. Publicist and engineer. Director of advertising agency 3lemon
• Friday June 10 Education Department

Ibercide - Business Development Center
Ibercaja Cogullada Road, 127 ° 50014 Zaragoza • Telephone: 976 30 86 12 • Fax: 976 30 86 16 · Email: formacion@ibercide.es

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The Public Admininistración CSR. The model of the Armed Forces

In the framework of activities Pre-Congress CSR the 24th of May de 19 to 20.30 pm in the Hall of the House History of Zaragoza is hosting the symposium "Public Admininistración and CSR. The model of the Armed Forces ", organized by San Ezequiel Moreno Foundation and the collaboration of Cajalón, Mapfre, Telefonica and the Government of Aragon.
will feature Mayor Victor, president of scientific committee of the 2nd National Congress of CSR, as moderator.
The event will consist of 3 papers:
◦ "The CSR Report of the Ministry of Defense" by D. Bernad Pedro Silva, advisor to the Minister of Defence expert on CSR Report of the Ministry of Defence
◦ "The model of the Armed Forces" by His Excellency Mr. D. Gan Pampols Francisco, General Director of the Military Academy of Zaragoza (confirmed)
◦ "The role of EMU in support of society to natural disasters" by the commander of artillery ET D. Benito Carmelo Nuns, IV Emergency Operations Battalion (BIEM) for the EMU (pending confirmed)
Registration is free and can be done here

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11 billion euros in food are thrown away every year in Spain

Imagine the following scene: It's in the supermarket buying and saving, rather than put food in bags, the strip directly to a cube garbage. It sounds ridiculous, but it is what happens daily in European households. On average, we throw about 20% of the food we buy. In Spain, 2.9 million tons of wasted food a year, 250 euros per person. Much of the food we throw away could have been consumed and enjoyed by better planning, storage and conservation. Albal and the international humanitarian organization Action Against Hunger awareness among citizens want to assist, through practical advice and smart solutions to reduce food waste.
Our attitude towards food has changed dramatically since the days of our grandparents. Before, everybody was opposed to waste any food and over the years, factors such as lower prices and the growth of fast food restaurants have contributed to the culture of the shoot. Currently, the majority attitude about food seems to be much more carefree, to the extent that you do not know what to do with the leftovers are thrown away. Numbers
worrying about food waste Europe
A recent survey by Albal in seven European countries reveals that:
• More than 20% of food expenditure in Europe is associated with food which is then thrown away.
· Of these, more than 50% are preventable each year. These foods could have eaten if they had planned, best preserved and stored.
• The 30% of packaged food is thrown away without even having been opened or touched the food.
• The 50% of food that are thrown are fruits and vegetables, followed by leftovers from meals cooked at home and / or fast food.
Most consumers are not aware of the amount of food thrown away. Many are convinced that they do not waste anything, but the reality is that each strip English nearly 63 kilos of food a year. In Spain, consumers believe that their scrap rate is 4%, when in reality the figure is 18%.
To raise awareness and encourage consumers to act in a more conscious way to preserve food better, Albal has launched a European initiative called SAVE FOOD. The initiative, in collaboration with the international humanitarian organization Action Against Hunger aims to support consumers in their efforts to save more food, with tips to help people get the most out of the food purchased and thus the waste to a lesser extent. The essential thing is to plan better meals, use the one already in the fridge before buying more or improve our way of assessing the size of portions and menus that can cook.
The initiative brought to life by Save Food page on Facebook that supports consumers in their efforts to reduce food waste through an open platform for discussion and exchange of views. Also encourages consumers to become aware commitment to save food (Save Food). For every 50 new I like to get on the Facebook site, Albal Equivalent to donate 40 euros to take care treatment a child from severe malnutrition to the NGO Action Against Hunger.
Why waste food?
· The most common causes of food waste are poor planning and improper storage.
· Around two-thirds of consumers do not plan meals in advance for the following week, so it is customary to buy more of the account at the supermarket. Most can not resist to the increasing variety of food products, which often leads to buying more of what we consume.
• The attractive presentation of products and special offers are also you, since tempt consumers add items to the shopping cart that were not originally on the list. The result is an overabundance of food that ends up being wasted food later at home.
• Once home, many consumers simply are not adequate food, making fresh food to spoil prematurely.
· Also, cook and prepare too much food, what makes leftovers become the second largest category of food wasted. Our grandmothers made him before in new recipes and we now throw in the towel. Most of us simply do not know what to do with the leftovers, so the throw.
Save food and commit to change the situation
Although everything on the food waste has been gaining importance in public opinion in recent years, it is clear that we need a significant change in consumer behavior. But not all bad news because Albal study results indicate that when people become aware of the problem of food waste is disposed to do something.
90% of intoaccount believes that a more conscious consumer behavior could reduce the amount of food waste. The vast majority of consumers are aware that reducing waste is a matter of better planning, which makes 60% of the English want to receive more information on proper storage of food to keep them fresh longer.

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are just plastic bag, eco bag alive!

Waste Act and Contaminated Soil to ban plastic bags for single use between 2013 and 2018, according to the timetable set at the time by the European Waste Framework Directive. Since 1 May, the Andalusian gravel each package to purchase a new tax, which ensures, in this community at least, that these items that generate mountains of waste are difficult to manage to stop being free. It's time for the plastic bags made from biodegradable corn, soybeans, barley, rice or potatoes, or bags, also green, made from natural fibers such as cotton, jute or bamboo.
According to the draft Law on Waste and Contaminated Land, which is now before Parliament and has the approval of the vast majority of Congress, is replaced by 2013 60 percent of single-use bags, which means that 40% to resist shall be subject to severe financial penalties as adopted in Andalusia, which has been denounced in Brussels by the English Association of Plastics Manufacturers (ANAIP) but will soon be imitated by other communities. By 2015, it has to reduce consumption of those containers , Which are a nightmare for the government when they become waste, in 70 percent, and 80% by 2016. Finally, in 2018 will be deleted disposable plastic bag, which will be the unsustainable economic history of the twentieth century.
In the middle of the Pacific Ocean there is a larger island that Spain does not appear in any tourist brochure. Has been created to gather thousands of tons of trash, mainly plastic bags and bottles are not biodegradable, where, for each part unit of plankton, there are six parts of plastic. These wastes are moved slowly through the ocean currents to a sector of the North Pacific known as the Great Pacific Garbage. Something similar is happening also in the North Atlantic (the Great Atlantic Landfill), off the coast of Florida, and could someday reach Europe.
Disasters like these that have pushed the ban on polythene bags and other plastics are not biodegradable and replaced by sustainable alternatives that nature itself can be eliminated.
sustainable alternatives are becoming more competitive and more when it will start implementing eco-taxes and other penalties associated with the use of petroleum. "It opens a good outlook for the manufacture of bioplastic bags and fabric as is the case in other European countries, where there has been a real boom of the biodegradable bags and multiple uses, "said Joaquín Pece, co-founder of ecological merchandising be green. This young company is making headway Galicia in the market for sustainable products and custom marketing companies, among others, made from bioplastic bags, raffia, woven or nonwoven cotton. These materials enhance the image of its clients by demonstrating a concern for the signing by the planet at a time which makes them safe from future penalties for use of polluting materials such as polyethylene bag.
"They are citizens with their daily habits who can turn around this situation and select the business premises where there is a commitment to reduce unnecessary use of such packaging, recently explained the Deputy Minister of Environment of the Principality of Asturias at a seminar on sustainability of commercial packaging.
good example is the Carrefour, they offer to their customers, the price of 5 cents per unit, bags made from potato starch with an identical look and the traditional use of polyethylene. They also offer the option - through approximately euro-raffia bag, which looks like a beach bag and, to be washable and very durable, it can used hundreds of times. In addition, customers can opt for other materials such as bags of cotton or nylon.
"bags should not be delivered for free in supermarkets," says Sonia Nettle, coportavoz of Green-Coordinator, as this encourages misuse. It is imperative that the current taxing plastic bags for the transition period as low as possible, as has been done in Ireland or England. This is the true responsible drinking. " Pedro Nogueroles
Agency (Dossier)

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General Meetings of Shareholders and First Meeting

According Ernst & Young, CSR is being increasingly discussed at meetings of shareholders U.S. firms.
of such proposals always have been tied to social issues, but in recent years have increased the weight of environmental aspects.
According to the advisory firm dedicated to meetings, Institutional Shareholder Services, 83% of investors believe that social and environmental factors can have an impact on the value of long-term action.
In 2000 the motions related to aspects of CSR were 150. In 2010, 191, obtaining an average of 18.4% support from other participants in the meeting, which is double the average support receiving such resolutions in 2000.
Increased support for these initiatives makes the boards show their interest in these issues, especially if they exceed certain thresholds of support. For example, the advice taken into consideration when the proposals were backed by at least 30% of the shareholders.
In 2005 only 2.6% of shareholder proposals that dealt with social and environmental aspects were these levels of support. However, during the past year the percentage rose to 26.8%.

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RSC gastronomic entrepreneurs

the 14th of May is celebrated in the Parque Tierno Galván Madrid Metro Madrid Festival. Jose Llana aMount a picnic where you can snack and plot on Soteno entrepreneurship. Hours shall be from 13 to 16 hrs but pásate earlier by his booth to be in the Main Street Festival identificarte.Traed your dishes to share too! There will be music, lots of music, children's workshops, trade fair tents, ...
More info: info@quierosalvarelmundohaciendomarketing.com

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The 'murder' of Llamazares (José Mendi)

United States of America have had a command of its military forces killed in Pakistan Osama Bin Laden.
is difficult to use the word 'information' in all matters relating to this matter. After touring the disastrous history of nonsense than it has been and is leading the country, supposedly more powerful in the world it is clear that we have not reached the end of anything. Even if true the death of this dark character, we would still engaged in a great lie. How can we trust what we say about the circumstances of the location of al Qaeda, his assassination and the alleged deposit of your body in the sea? How can the U.S. have taken 10 years since the attacks of 11-S to locate bin Laden, with the most ingenious and advanced tracking and tracing systems? All this without counting the millions in rewards, shopping information, people and equipment that have failure for this form of murder. ELMUNDO.es
As uncovered in January 2010, the FBI made one of his biggest blunders to put in search and capture Gaspar Llamazares! Using a sketch of the United Izquieda deputy, he got an aging face Bin Laden to be searched, harassed and killed, if any, anywhere in the world. The case, which I explained in my book 'Red on Red' (Ed. 1001ediciones, 2010), revealed a tragicomic mix of errors and horrors that have jeopardized the safety of the English political and, more seriously , the hundreds or thousands of anonymous people who could be used as assumptions terrorists manipulating the image on the internet simply because they defend pacifist ideals. This is why we have been able to kill Llamazares.
The lies have surrounded a history of death in victims of the terrorist attacks deserve the truth is imposed and not just get carried away by a false appreciation of what we sell as righteous vengeance. The questions still present since they were in the twin towers standing. As you rightly denounced filmmaker Michael Moore in his documentary 'Fahrenheit 9 / 11' (2004 Golden Palm at Cannes), the U.S. have never been particularly interested in dismantling Al Qaeda and capture Bin Laden after the 11-S. Moreover, several of his immediate family left for Saudi Arabia shortly after the attacks, some with closed air space yet. The real U.S. goal was to control oil and to this end, forced to lie the invasion of Iraq.
now tell us that Bin Laden has been killed in Pakistan. Do not miss him, but we have thrown much more. The United States have reminded us that are licensed to kill and that terrorism can have 'legal' state wherever they please. They even have to do with a certain social and political consent. Is the same behavior of the murder of José Couso television camera and other victims of a state that refuses to sign the Statute of the International Criminal Court in The Hague prevent them from being pursued internationally actions that violate the principles of justice and the sovereignty of other States.
What would happen if Bin Laden had been holed up in Spain and a command of American soldiers had killed or arrested? Had they kept that same complacency in our country today who justify far from our borders? International law and respect for human rights is not a matter of States or territories, but about people. With this performance, in addition to maintaining the legacy of Guantanamo, Obama is outside the law and respect for those rights given to you by the 2009 Nobel Prize Peace. I think it's time to reconsider that decision and request that you withdraw this award. Will add to my request? José Francisco
Fornies Mendi is the author of "Red on Red '(book analyzing the case of Gaspar Llamazares Photography manipulated by the FBI to make a sketch of Bin Laden))

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inequality is not profitable (Emilio Ontiveros)

inequality in income distribution has increased in recent years significantly in many countries. The current crisis is broadening these differences, even in advanced economies. Economists Thomas Piketty and Emmanuel Sáez have demonstrated in the case of the U.S., the value of the indicators of income distribution is now equivalent to those in 1928, on the threshold of that other crisis, parallel to the present, which triggered the Great Depression. It is in this country that are carrying out various investigations into the causes and consequences of the enlargement of that inequality. The following notes discuss some consequences of the hand of the evidence regarding the influence of inequality in three areas: trust within societies, the determination of the financial crisis, and the generation of wars as far force in some countries of northern Africa and Middle East. Try to keep out judgments and considerations of the moral philosophy of Adam Smith held that in A Theory of Moral Sentiments, a quarter century before he published his Wealth of Nations. Advance the general conclusion excessive inequality in income distribution is not conducive to sustainable economic growth, it is not profitable for the whole society.
- Inequality and trust. confidence among economic actors, and these in their institutions, is part of this new form of capitalism, socialism, which, without prejudice to the necessary expertise, enables collaboration forms of generating social gains. It is considered a factor that enhances the growth and other economic variables. Some recent studies show the negative correlation between inequality in income distribution and confidence. Shaun P. Hargreaves Heap, Jonathan HW Tan and Daniel John Zizzo (Trust, inequality and the market) also reached important conclusions about the influence of the distribution of income in the trust that project participants in a market. Evidence also exists in the field of business, such as Steven Covey has illustrated: the business is adversely affected if the trust is eroded.
OECD data illustrate that is the economies of Denmark, Norway, Finland, Sweden and Netherlands, where a higher proportion of individuals showing confidence in others. The international competitiveness of these economies, the intensity of advantages based on knowledge and quality of human capital is as enviable as the main indicator of welfare, GDP per capita. Analysts also concluded that institution that high inequality in the distribution is negatively correlated with trust.
- Inequality and financial crisis. of the consequences it is having the crisis on inequality of income and wealth of evidence are numerous. So are the effects in terms of disaffection, distrust increase, agents basic economic institutions on the economic system in developed economies. More suggestive, and less easy to guess, is to verify that it is precisely the expansion of the gap between rich and poor one of the causes of the crisis. In an IMF paper (Inequality, leverage and crises), released last November, it is argued that the high leverage of households and the subsequent financial crisis arising due to changes in income distribution. The empirical analysis, based in the U.S., focusing on 1920-1929 and 1983-2008. Both periods preside over a very considerable increase in the share of the rich in the distribution of income and wealth, a rise in the leverage of others and, finally, a real financial crisis. This reflects, according to the researchers, changes in bargaining power on the income of each other.
From another perspective, a recent survey of economists O. RH Dijk and A. Frank and political scientist Levine in the 100 most populous counties in the USA concluded that where the inequality in income distribution grew faster also recorded the largest increases in financial stress, as measured by various indicators, including bankruptcies.
The most popular theory in this regard is that of R. Rajan, IMF chief execonomista Chicago professor. In an article last July (How Inequality fueled the crisis) and advanced detailed conclusions in his book Faultline. His assertions are blunt: "As cynical as it may sound, easy credit has been used throughout history as a palliative for those governments unable to respond directly to deepest anxieties of the middle class." According to Rajan, the expansion of home ownership, one of the essential elements of the American dream-a low-income families was the key to achieving the wider objectives of expansion of credit and consumption. Was the growing gap in income distribution which stimulated the credit boom that ended precipitating the financial crisis. The paradox, which also notes the author, is that the severity of the crisis is helping to significantly reduce the number of owners by the most dramatic of foreclosures.
Although other economists, including MIT professors, D. Acemoglu, or S. Johnson has qualified the relevance of these policy objectives of indirect distribution, gives much more attention to the dynamics of financial innovation created by the operators themselves bank Rajan causal linkages have great relevance.
- Inequality and conflict. excessive inequality is also being called as one of the most important in all diagnoses are made on the conflicts in North Africa and Middle East. They have done so, it is true that a little later, the World Bank and IMF. Among academic economists, Kenneth Rogoff has been the most forceful. Exresponsable also research at the IMF and Harvard professor, in an article last February (wildcard Inequality in current crisis), stressing that "within country income inequality, wealth and opportunities is higher than at any other time of the last century, "says the" high unemployment, the obvious inequality in the distribution of income and wealth, and the high prices of basic commodities, "as major triggers of conflict in Africa and the Middle East.
CONCLUSION. Without encroaching on the field of moral philosophers holding to more concrete cost-benefit analysis, there appears to be sufficient evidence that inequality is not profitable. Avoid enlargement maintain the trust and reduce the likelihood of other forms of instability. We would do well, therefore, become a public policy priority that goal. Also in the English economy, specifically cited the Rogoff's article as one of the cases where it is harder to reconcile the development of measures budgetary austerity to reduce an unemployment rate that, when that article was published, I was still at 20% of the population.
Emilio Ontiveros, COUNTRY

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Can you live with 347.70 euros a month? Charter

This is our de Aragón Radio with Carlos Franco and Paul Espatolero discussed the difficult situation that pensioners spend on all those who receive non-contributory pensions, which have to live with 347.70 euros per month. Part in the debate John Royo, economist and teacher, Jesus Jimenez, president of the Senior Aragones, and Fran Yagüe, secretary general of Caritas Zaragoza. You can listen here.

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The headquarters of the Secretariat of State for Equality welcomed new signing of the Charter of Diversity . During the meeting, brought together 18 organizations who wanted to make public their commitment to the principles of the protocol that encourages the development of diversity in the workplace, in addition to existing legislation on equality and nondiscrimination. The event was chaired by Ms. Carmen Navarro Martínez, Director General for Equality in Employment and Discrimination of the Ministry of Health, Social Policy and Equality, who said: "The Charter of Diversity has a unique character because it involves both to companies and organizations working for equality and diversity. " In addition, Navarro stressed that successful businesses must harness the benefits of diversity in employment. Beside her, D. Javier Benavente, Vice President of Diversity Foundation and Foundation President Alares ® again highlight once again its call for the people and of course for diversity, a source of wealth for the society to which we must place absolute priority global environment as we live.
Among the companies signed, we can find Kellogg Spain, CEMEX Spain, Merck Spain, Caja Navarra, Valassis, Carnes Selected 2000 SA Campofrío, Spain and Portugal Michelin SA, Sales Force Network SL, Grupo Elsamex, Reinventur, Motorola Mobility Spain SLU, without dieting, Universidad Pontificia de Comillas, MAKESOFT Techlologies, Gesor Group, Mahou-San Miguel, Santiago Lopez de Consultants SL and Universidad Rey Juan Carlos. A total of 18 new entities that are committed to the principles for diversity which includes the Charter of Diversity.

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Diversity Trust, a rising star! New Web

Stewards and bidea Foundation invites you to participate in The first study aims to measure and improve confidence that EMPLOYEES have in companies, institutions and social organizations. This questionnaire was answered very quickly, in no more than 3 or 4 minutes, and focuses on measuring trust YOU, AS AN EMPLOYEE OR UNEMPLOYED, have in the organization you currently work, or the last to work if you are currently unemployed, .
Your answers are completely anonymous and never asks you your name or your company or organization.
With your participation in this study, you contribute to improving trust between organizations and their employees, key to improve competitiveness in our country, get to create jobs and striving toward a society more responsible.

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CSR II Zaragoza Congress

A recommendation: visit the new Web the National Congress CSR. Open Now registration period. Yesterday

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The Spanish Global Compact Network has a new management tool parala CSR in SMEs

GCSIC application was submitted to the English Network of UN Global Compact, a new tool that allows SME management variables continued implementation of social responsibility and the annual development report Global Compact Progress. GCSIC tool will be available in mid-May for all entities with fewer than 250 employees and are associated to the English Global Compact Network.
Susana de las Heras, Deputy Director General to the Chairman of the Institute of Official Credit (ICO) said the experience in the field of CSR
acquired by the Official Credit Institute (ICO) under the project to develop sustainability reports that have been conducted over the past two years with Caja Navarra.
Juan de la Mota, the Global Compact, highlighted the work carried out by the English Global Compact Network for the service to SMEs simple tools so they can communicate their CSR progress. Eduardo del Pueyo
, Secretary of the Commission's CSR
English Confederation of Business Organizations (CEOE), spoke of the importance of CSR is not an activity isolated within companies, but it becomes an area integrated in the management of the company. Isabel Garro, Director General of the English Global Compact Network, the importance of this pioneering application for SMEs will be associated with the English network enabling them to manage information related to CSR in the company in a clear, orderly and aggregate . Ferreiro Senén
expilcó technical specifications GCSIC software, with particular emphasis on its use as a management software of the variables of CSR in the area of \u200b\u200beach SME. Marcos González
of MediaResponsable, Elena Bou of Revenga Ingenieros, and Paul Pastor, Pastor Dominguez & Associates, explained their experience in preparing the Progress Report, their participation in the CSR-SME project and the features of the new management tool developed by the Network English Global Compact.
Antonio Fernández Ecker, Assistant Director General for Business Development, Ministry of Industry, Tourism and Trade, underlined the role of public authorities as generators of a suitable framework to encourage SMEs to implement CSR, and intermediate bodies as multiple entities in the management of CSR for SMEs.
The Global Compact United Nations (UN Global Compact) is an initiative of ethical commitment to entities of all countries to implement as part of their operations and strategy, 10 Principles of Conduct and Action in Human Rights, Labour Standards, Environment and Anti-Corruption. In Spain, Global Compact operates through the English Network of UN Global Compact, an organization that already joined more than 1,100 members.

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Yahoo shareholders speak out on compensation of its executives

read in CSR Commitment that Yahoo will allow shareholders to give voting on the compensation to be received by top executives at its annual meeting in June, something they had refused to date.
Yahoo has said that the proposal is being made in accordance with the law of Wall Street reform passed last year. Yahoo Inc
. will pay its new president and CEO Carol Bartz at least $ 19 million in cash and stock in its first year in office, plus an incentive plan that will surely bring abundant profit if he can amend the trajectory of the company internet.
Yahoo confirmed it will offer shareholders the opportunity of an advisory vote on executive compensation, but this will not be binding on the company. Also, the company said in its' Compensation Committee of the views expressed by shareholders in its vote on the proposals are taken into account when making future awards. "

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Art's commitment to CSR

In the preliminaries to the second Congress of Social Responsibility in the company, on Wednesday, the organizing committee has scheduled a round table to discuss the relationship between the world of culture with social responsibility, and how authors various artistic disciplines have been committed and contributed to the development of society.
This meeting has been organized to take part in film director Paula Ortiz, writer and former councilman of Culture of the City of Zaragoza Juan Bolea, the architect from the Syracuse University New York and author of numerous projects in Zaragoza Jesús Marco and the journalist responsible for communication of the nomination of cultural capital Zaragoza Zaragoza 2016, Fernando Rivaro.
The roundtable, moderated by Juan Carlos Galtier, BA in art history and cultural partner Heraldo de Aragon, Zaragoza and Aragon Radio Radio, will take place on Wednesday 4th May at 20.00 pm in the headquarters Cajalón central. To attend the event, which will be open to the public in general will need to register by sending an email to the address secretariatecnica@congresorse.org
Subject: round table "Culture and Social Responsibility"
Assists: film director Paula Ortiz, Juan Bolea writer, architect and journalist Jesús Marco Fernando Rivaro
Day: May 4, 2011
Time: 19.30
Location: Corporate Headquarters Cajalón , Coso 29

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6 Joaquín Roncal Anniversary