© 2021 MICHIGAN RADIO
91.7 Ann Arbor/Detroit 91.3 Port Huron 104.1 Grand Rapids 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Economy

Are corporations with a conscience making a comeback?

lake with evergreen tree in summer
Lester Graham
/
Michigan Radio
Whitman said some corporations with a conscience are making efforts to manage their environmental impact.

 

The goal of business is to make profit, but these days, big corporations are feeling pressure to do more—like investing some of that money back into communities or reducing a company's environmental impact.  

In an op-ed for The Conversation, economist Marina Whitman described this new ethos and why investors are leading the push for change.

 

 

Whitman is a professor emerita of Business Administration and Public Policy at the University of Michigan and a former officer at General Motors. She joined Stateside to share her take on what is driving the ethos of the modern corporation.

 

Listen above to hear how corporate thinking on public service has changed over the last century, about the tension between what the public wants from corporations and what investors want, and about the likelihood of the "good company" making a comeback. 

 

(Subscribe to the Stateside podcast on iTunesGoogle Play, or with this RSS link

Related Content