About The Initiative
In the aftermath of the corporate and Wall Street scandals that shook public confidence in the nation’s corporations and the investment community, the State of New Hampshire created The Initiative for Corporate Responsibility and Investor Protection to shine a spotlight on the urgent need to keep corporate America on an ethical path and protect the interests of all investors.
The Initiative is a non-partisan organization with a simple mission: To promote the highest nationwide standards of corporate responsibility and investor protection. Embracing the concept that “sunshine is the best disinfectant,” it is conducting an on-going series of high-visibility public discussions on these issues with prominent leaders in government, business, academe, the law and the media. It also will serve as a multi-media resource for information and research and it will facilitate a continuing high-level exchange of views on these subjects, which have political and social as well as economic dimensions.
The Initiative was spawned by the vital need to maintain the integrity of the free-enterprise system and the capital-raising structure that together have been the foundation of the nation’s economic growth. At the same time, recognizing that most Americans now have a stake in the investment world, either directly or indirectly, it is focusing on how shareholder interests can best be safeguarded.
Because of New Hampshire’s unique status as a center of political attention every four years — and usually well before that — when it attracts every major Presidential aspirant to campaign in the state, The Initiative plans to make the issues of corporate responsibility and investor protection national priorities and get them on the Presidential agenda for the first time in American history.
The Initiative is headed by Myron Kandel, one of the nation's best-known financial journalists, who was the founding financial editor of CNN and also served as its economic commentator for 25 years. He previously held the posts of financial editor of The Washington Star, The New York Herald Tribune and the New York Post and was the editor of the New York Law Journal.