Why Is It Moral to Pay CEOs 300 Times More Than Average Employees?

The compensation of Chief Executive Officers of large American corporations is about 300 times more than that of the average employee. Such a big...

How to maximize long-term profits: The reality principle

A recent Financial Post column relates a real-life counter example of how not to maximize long-term profits, which I think is worth analyzing. To...

Purpose in life: “the poetry of work”

In a recent column, “Labours of love,” Robert Fulford writes “an ode to those who take pride in their work.”...

Art, business, and first-handed productiveness

I recently heard a panel discussion by some accomplished professional artists about a variety of topics, ranging from the motivation to paint to the...

Moral virtues of business success: Lessons from Madoff

Earlier this year, the infamous pyramid investment king Bernie Madoff was testifying in court, in conjunction with a lawsuit that seeks to get his...

Let’s reject CEO pay caps and minimum wages

The annual CEO compensation bashing typically takes place in early January, when media reports inform us about the increased levels of CEO compensation, in...

Why business and force don’t mix

My recent post on the Pope’s misguided accusation of business for exploiting workers has received some reactions that indicate a misunderstanding of the role...

Art, business, and first-handed productiveness

I recently heard a panel discussion by some accomplished professional artists about a variety of topics, which ranged from the motivation to paint to...

Why avoiding taxes is moral

The recent leak of the Panama Papers—which consist of confidential banking documents that report names of thousands of offshore corporations and their shareholders—created a...

Why do we fear capitalism?

My MBA students have been discussing alternative social systems as context of business in my business ethics class. While most see the value of...

Productive work and happiness

Pause for a second and think what makes you happiest. Good health? A satisfying romantic relationship? Your children thriving? Spending time with friends and...

A “No Impact Man” is a dead man

University of Calgary, my employer, recently announced that this year it will require all newly-admitted students to read “No Impact Man,” the New York-based...