Does It Pay For Companies To Do Good?
As Corporate America seeks to redefine its mission as a force for social good, new studies in economics are showing that there are self-serving reasons why they'd want to do that.
by Greg Rosalsky
Sep 17, 2019
3 minutes
Editor's note: This is an excerpt of Planet Money's newsletter. You can sign up here.
Last week, many of the nation's most powerful businesspeople , declaring that Corporate America isn't just about profits for shareholders anymore. Instead, they wrote, companies will focus on "delivering value to our customers," "investing in our employees," "dealing fairly and ethically with our suppliers," and "supporting the communities in which we work." Amazon's Jeff Bezos, Apple's Tim Cook, and almost
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