Stakeholder Capitalism

Do Ethics Still Matter in Business?

Americans’ Views of Business Survey JUST Capital released its 8th annualAmericans’ Views on Business Surveyin October 2024. The results highlighted “the incredibly complex stakeholder landscape facing CEOs today, but they also provided real encouragement for corporations seeking to adopt a leadership role in society going forward.”  According to the article, “Survey Says Ethics Still Matter […]

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Trump is Trying to Rewrite the Mission of Universities

Federal Funding, Comprehensive Admissions Reform, and DEI Programs are on the Chopping Block I recently blogged about the contentious relationship between President Donald Trump and Harvard University. President Trump has threatened to cut off funding to Harvard, and other universities, ostensibly because of the way they oversaw discrimination against Jews on campus during the recent protests against

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What is the Relationship Between Conscious Capitalism, Stakeholder Capitalism, and ESG?

Operationalizing CSR I have previously blogged about “Conscious Capitalism” and pointed out that it is a relatively new concept but a natural part of the evolution of what it means to be committed to corporate social responsibility (CSR). Corporations need to embrace conscious capitalism if they want to be relevant as an engine for economic growth. The main

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What is Conscious Capitalism?

The Next Evolution in CSR Conscious capitalism is a relatively new concept, but a natural part of the evolution of what it means to have corporate social responsibility (CSR). Corporations need to embrace conscious capitalism if they want to be relevant as an engine for economic growth.  The main difference between conscious capitalism and CSR

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Big Corporations Place Profits Ahead of Safety

Recent Examples of Corporate Ethics Failures Big corporations are failing America because they continue to place profits ahead of responsible behavior. Many use a cost-benefit analysis to conclude that it would cost too much to fix product defects compared to any benefits derived. Until recently, few if any corporate CEOs have been held liable for

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Millennials Have a Different View of CSR

The Search for a Purpose-Driven Corporation Last week, I blogged about the social responsibilities of corporations and what their purpose should be. Today, I look at those obligations from the point of view of millennials. But first, here’s a summary of last week’s blog. Social Responsibilities of Business  The incorporation of a company is an

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