Business is moral!

Business is in a dire need of moral defense. I have written posts defending the oil sands producers and outsourcing by banks, but those...

Supermarkets—our enemies?

“Every time we step through its doors we enter into a battle with our enemy, the supermarket corporation, whose motives are totally opposed to...

Who do you trust more: business or government?

An undergraduate business student recently told me: “People of my generation trust government more than they trust business, particularly large corporations.” While I wasn’t...

What’s wrong with Amazon jumping on the minimum wage bandwagon?

Amazon recently announced that it will raise the hourly wage it pays to a minimum of $15, to the cheering of its workers. CEO...

Does fighting climate change give business an advantage?

Business columnist Kevin Carmichael recently argued that carbon offsets gives the international shoe manufacturer and retailer ALDO an advantage in attracting customers. To be...

What is business ethics for?

A new semester, and a new class of business ethics, has begun. In my class, we initially discuss concrete examples of ethical dilemmas in...

How business improves lives

I have just returned from the world’s biggest gathering of business school academics who study management and organizations, the annual meeting of the Academy...

Three errors about business ethics

In an ideal world, everyone understands that long-term profitability in business requires acting morally (and what that moral action involves). However, that knowledge is...

Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?

HSBC is the latest European bank (and Europe’s largest) to join the fight against climate change, announcing recently that it will no longer finance...

“Under capitalism, who would regulate us?”

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.” –Ayn Rand To...

Why isn’t there more rational selfishness?

I am teaching business ethics to a class of MBA students. The course covers the main alternative moral codes: altruism—the most widely adopted code...

The moral purpose of business: Larry Fink vs. T.J. Rodgers

Larry Fink, CEO of one of the largest investment management firms in the world, BlackRock, has sent a letter to all S&P 500 CEOs,...