A report by Hindenburg Research has trashed the stock of Nikola Corp, an electric truck manufacturing firm headquartered in Phoenix which went public only in June.
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With online commerce exploding in recent years, every product and business craves five-star reviews. But can they ethically encourage others to post good reviews?
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The rush to subscription business models has revolutionized the software and product markets. But it has led to varying degrees of misconduct by many firms.
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In recent years, the addition of environmental, social and governance (ESG) performance factors to investment criteria has been growing rapidly.
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Online games manipulate players’ emotions to encourage them to feel a rush from progressing from one “level” to another, and from vanquishing demons along the way.
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The boards of the two companies are setting an important precedent by not looking the other way when dismissing CEOs.
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This boycott is different; it is a collective action which sought to pressure Facebook to change its basic policies and practices.
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Developments with Daimler suggest the problem may not have been a bad corporate culture at VW—but a broader culture of misconduct in the European auto industry.
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What Friedman, and now Mankiw, miss, is that business has both positive and negative social impacts, the worst of which can never be fully reined in by law and regulation.
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This activism and advocacy is only one element of the three legged stool of a broader corporate responsibility which all companies should practice.
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