Companies’ recent race to become the most socially responsible conflicts with the purpose of the for-profit corporate enterprise.
By Stephen F. Gambescia and Stew Bolno
Dr. Kimberlee Josephson: Why people not profits should determine if social causes receive contributions
CEOs and board members are free to use their wealth as they see fit, but shareholder wealth should not be tampered with.
By Dr. Kimberlee Josephson
Dr. Kimberlee Josephson: Apprehension about ESG criteria in business is warranted
It’s important for businesses to care about the environment, community, and economy, but cementing themselves to fallible standards and culturally-dependent, subjective morality judgements just impedes progress.
By Dr. Kimberlee Josephson.