Is there an economic bonus for outspoken corporate social activism?
from San Diego Union Tribune (04.12.2015)
Bob Rauch on the EconoMeter panel as they discuss if there is an economic bonus for outspoken corporate social activism.
Is there an economic bonus for outspoken corporate social activism, as witnessed in the recently passed religious freedom laws?
Bob Rauch: Yes
“Corporations have a responsibility to be good stewards of the community and speak out against discrimination that has rightfully been banned in the workplace. Corporations have proven that capitalism is blind to bigotry and politics should do the same.
There is an economic benefit to actively taking a stand, but that is not the reason a good corporate citizen speaks out.
It is the right thing to do.”