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...

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...

Outsourcing is moral

When I told my husband that I was going to write a post defending outsourcing, he suggested the title “I love foreign workers.” That...

Apple’s tax strategy is not only legal—it’s moral

The U.S. corporate tax rate is about 40%. Ireland’s is 12.5%. Following a tax minimization strategy and legal transfer pricing practices, Apple claims about...

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...

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...

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...

Volkswagen’s cheating was not selfish

Media coverage of Volkswagen’s astounding emissions-rigging scandal continues, for a good reason: the company’s (the executive’s who authorized the cheating and of all those...

The secret to long-term profitability: Moral principles

As every business owner knows, starting and operating a business successfully requires continual decision making: What type of business to choose and why? Where...

Profit motive and private property—keys to preventing forest fire damage

A large forest fire—covering an area of about 160,000 hectares, according to the latest reports—has been ravaging the city of Fort McMurray, the center...

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...

Business doesn’t need a “social license to operate”

A “social license to operate” has been widely accepted as something that companies need to gain and maintain, particularly in resource-based industries, such as...