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Amit Bhattacharjee, Jason Dana,
Harvard Business Review,
Nov 29, 2017
The outcome of this discussion is of course directly relevant to the future of education. Here's the contention: "American adults who took our surveys for pay consistently indicated that they expect harmful business practices to increase profit." The authors argue in response that actual data suggests the opposite. "In the sample of firms we used, KLD scores were positively correlated with firms' incomes. Better behaved firms tended to be better rewarded." There are all sorts of ways this can be questioned. Do we trust Kinder, Lydenberg, and Domini (KLD) Research & Analytics ratings, for example. But more to the point: why would be believe the graph is a straight line? Companies at both ends of the scale - the very profitable, and the barely surviving - resort to unethical means. Those in the middle - companies that could make more, but choose not to, and don't need to, can behave ethically.
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