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...

Why we should be selfish

I am teaching a business ethics course to MBA students where we cover the main moral codes, such as altruism (the morality of self-sacrifice)...

Focus on progress: We live in the best of times

While often criticizing government for curtailing our freedom instead of protecting it and businesspeople (or others) for failing to act ethically, I want to...

Businesses make the world a better place

Hollywood has a long history of businessman movie villains, from Mr. Potter in ‘It’s a wonderful world’ to ‘Wall Street’s’ Gordon Gekko and Lord...

Why Amazon should choose the United States over Canada

Amazon has released the eagerly awaited shortlist of 20 cities for its second headquarters. Only one contender of the several Canadian cities—Toronto—remains. And when...

Should we boycott Amazon?

Amazon has been “exposed” by the New York Times as “a bruising workplace” where employees are driven by callous managers to compete against their...

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...

How to be profitable and moral in 2019

The title of this post takes its cue from columnists and bloggers who offer advice for the coming year at this time, although a...

Does government suspending Costco’s fish import license make us safer?

Full disclosure: I am a Costco fan, and I particularly like buying wild-caught fish there because it is always fresh and a good value....

Exploitation vs. trade: Win-lose or win-win?

A well-educated, intelligent acquaintance was telling me how the quality of care at a privatized, formerly government-run hospital had immediately declined after it was...

Appeasing “stakeholders:” How not to deal with corporate critics

A few months ago I announced the “Corporate Appeasement Award” for Tim Hortons, the Canadian coffee shop chain that caved in under an environmentalist-orchestrated...

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...