Commentary: ‘An Ethical Dimension of Corporate Sustainability’
I have had differing views on the purpose of a corporation – first, one month ago as I blogged about business ethics, and then as I read Mark Kramer and Michael Porter’s article about creating ‘shared value’. Grace Cheng’s blog post on Tiffany and Co’s corporate social responsibility strategy captures my view that businesses can create societal benefits and simultaneously drive productivity and growth. Here are some of my comments: Profit maximization. I agree with Grace that growing competitive pressure saturate global markets and consequently, businesses have been narrowly focusing…read more