Business Ethics and Corporate Social Responsibility

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  Collaborate Yes, But Think About it First

Ramus, Tommaso; Vaccaro, Antonino; Brusoni, S. If you prefer swimming to sinking in turbulent times, IESE's Antonino Vaccaro urges you to wrap structure around your efforts to manage internal conflict. His 10-year study points to the importance of formalization in collaboration. Read article

  How Humility Can Outsmart the Smart Machines Premium

Hess, Edward D. Staying ahead of tech requires that we embrace what the author calls NewSmart, whose hallmark is humility. This article details the mindset and behaviors that will increase your chances of success in a world transformed by technology. Read article

  Social Responsibility: Would Scrooge Really Change his Ways?

Hafenbrädl, Sebastian; Waeger, Daniel What do you believe? Is the business of business to increase profits, as Milton Friedman insisted? Or should management be more broadly concerned with society, which might ultimately benefit business, too? Most importantly, what do executives really believe when it comes to CSR and the bottom line? Read article

  Say No to Facilitating Payments

Argandoña, Antonio It's common to turn a blind eye to special payments that facilitate administrative tasks or procedures. But Antonio Argandoña warns that their negative impact extends far beyond that of an isolated irregularity. Read article

  Can Local CSR Enhance Global Leadership?

Elvira, Marta; Dávila, Anabella; Rodríguez-Lluesma, Carlos Even global companies need to meet the needs of the different local markets they operate in, and global leaders should be familiar with local dynamics. One way to achieve that is to address the idiosyncrasies through local-level CSR. Read article

  Beyond Cosmetic CSR: Can Social Responsibility Be Bought?

Wickert, C.; Vaccaro, Antonino; Cornelissen, Joep Large multinationals are buying up smaller enterprises known for their strong corporate social responsibility (CSR) practices in order to bring in beneficial CSR knowledge and processes. The question is: does it work? IESE's Antonino Vaccaro investigates. Read article

  Perverse Incentives: The Limits of Metric-Based Evaluation

Cugueró-Escofet, Natàlia; Rosanas, Josep Maria As a manager, how should you evaluate performance? The recent trend is toward ever-more-sophisticated formal models. However, in the wake of several scandals, IESE's Natàlia Cugueró-Escofet and Josep M. Rosanas point to the dangers of modelling and rigid metrics. Instead, they argue, companies desperately need to rediscover informal methods of control. Read article

  Four Tenets to Fix Capitalism & Unlock Your Business's Potential Premium

Sisodia, Raj Free-market capitalism is under fire -- yet it is still the best system for social cooperation and human progress. In this article, the author casts his vision of Conscious Capitalism, refuting those who say Wall Street will never buy it. Using real cases, he argues that building ethical, sustainable businesses is possible. Read article

  4 Reasons Humble Managers Rule

Argandoña, Antonio Does humility have a place in the upper echelons of business management? Absolutely, says IESE's Antonio Argandoña. In his research paper "Humility in Management," Argandoña explores this often crucially overlooked quality and its ramifications for leadership. Read article

  Preventing Another Global Financial Crisis

Argandoña, Antonio The greed and reckless actions of certain financial institutions were instrumental in provoking the 2007-08 global financial crisis. However, as IESE's Antonio Argandoña argues in a 2016 book, many public and private institutions, as well as society as a whole, must also shoulder some of the blame to prevent a recurrence. Argandoña offers a look at the ethical dimensions of the crisis. Read article
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