by Bruce Vlk
Newswise — Charlottesville, Virginia — 25 June 2014 —The University of Virginia Darden School of Business’ Institute for Business in Society (IBiS) and the Council of Better Business Bureaus are collaborating on new research on business self-regulation. The inaugural BBB Self-Regulation Conference to articulate best practices and uses for self-regulation took place on 24 June 2014 at the Ronald Reagan Building in Washington, D.C.
The conference brought together corporate leaders, association executives, thought leaders, legislators, regulators and self-regulation practitioners to tackle self-regulation in business.
Speakers at the conference included:
• the Honorable Maureen Ohlhausen, commissioner of the Federal Trade Commission (FTC);
• LeRoy Johnston, chief ethics officer for Nationwide Insurance;
• Craig Silliman, senior vice president of public policy and government affairs for Verizon; and
• Sally Greenberg, executive director of the National Consumers League.
After her keynote, FTC Commissioner Ohlhausen joined Darden’s Brian Moriarty on the panel discussion “Leading Practices in Self-Regulation.” Moriarty discussed findings of his research and stakeholder dialogues that identify characteristics of successful self-regulatory programs and business leaders. They were joined by European Union Director-General Robert Madelin to delve into building self-regulatory initiatives that win multi-stakeholder and regulatory support without imposing unworkable burdens on businesses.
Led by IBiS, the research component will be used to launch discussions between business leaders, regulators, legislators and other interested parties to build consensus around self-regulation and the practices essential to gain broad support for self-regulatory initiatives implementing these protocols.
The conference produced three complementary research projects:
1. Case Studies/Best Practices in Self-Regulation
2. Building the Knowledge Base on Self-Regulation
3. Trust in Business Survey
More information will follow as these projects develop.
About the Darden School of Business
The University of Virginia Darden School of Business is one of the world's leading business schools, offering MBA, Ph.D. and Executive Education programs. The unique Darden experience combines the case study method, top-ranked faculty whose research advances global managerial practice and business education, and a tight-knit learning environment to develop responsible and complete leaders who are ready to make an impact.
About the Darden Institute for Business in Society
The Darden Institute for Business in Society (IBiS) aims to be a leading global catalyst and convener of thought, information and action at the interface of business and society, and to promote the development of leaders to positively impact society through their roles in business.
Director of Media Relations
Darden School of Business
University of Virginia