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What is the business of business?

On Sunday, The Economist hosted a debate in New York on the motion, “The business of business is business.” For the motion, Clive Crook, of the Financial Times and the Atlantic, and Will Wilkinson, of the Cato Institute, argued that this simple rule is a necessary “constitution” for business, to ensure that its managers can […]

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Gold star for Starbucks?

Corporate philanthropy is rapidly evolving. As we argue in the book, what has traditionally been a discretionary activity typically in the gift of the chief executive, and of uncertain value to shareholders, is turning into a corporate citizenship programme designed to advance a company’s core for-profit strategy. If we are right, companies will be far […]